Sinclair Street, Wollstonecraft
Address: 5/26 Sinclair Street, Wollstonecraft
Type of property: Apartment
Reason for purchase: Investor
Client brief: A family consortium pools their super into a self-managed super fund with the aim of purchasing an investment property.
The family was seeking a renovated, low maintenance apartment within an older complex which may be part of a larger redevelopment in the future.
Overview of the purchase: Originally searching for a premium 1 bedroom apartment, we advised our client that the market had recently corrected enough that with only a small increase in budget, a solid two-bedroom unit in a great location was now in reach.
The strategy paid off, and we quickly sourced a generous two-bedroom apartment in a fantastic location ripe for redevelopment.