Outstanding income earning coastal retreat returning 7.24%
$620,000 - Sold 4 May 2015
Fairmont is an outstanding 4 bedroom luxury holiday retreat (or family home) with a flexible floorplan. Its credentials as a blue chip investment include generating an excellent holiday letting income turning over approx $70,000 turnover per annum.
Comfort is assured with an open plan kitchen, living and dining area, 4 bedrooms and 2 bathrooms. Flexible living zones allow for communal areas as well as designated personal spaces. Ideal for professionals who work from home. Or accommodating visitors.
Living areas inside open onto beautiful outside living spaces.
Privacy is guaranteed, tucked away behind a fringe of trees in an established easy-care garden. It’s a sanctuary to refresh the spirit and restore the senses. Fairmont is a seaside haven that celebrates life and the joy of living!
Fairmont is eco-friendly with many features supporting sustainability – evacuated tube solar HWS, EPA compliant grey water, a fully automatic watering system (from a 9,750 litre fresh water tank), frameless Shugg windows with Comfort glass, and energy efficient ducted heating.
Just a short walk to the magnificent beach, the shopping centre, parks and schools, Ocean Grove’s renowned lifestyle and amenities are all at your doorstep.
Income & return is calculated from supplied 2014 financial year figures.
“As I sit down to write about our experience with Vendor Marketing I’m aware that it may seem to be in the ‘too good to be true’ category. But thankfully our experience is real and we are delighted to share it with others. Some history…our property in Ocean Grove had been on the market for four years with two agents. No offers at all during this time!! A coastal property, the second agency was a ’boutique’ Melbourne firm with a local branch. After about two years with this company, we met with the principal who advised us to drop the price by $150,000 (after they had determined the original selling price)! Feeling quite despairing, Craig was recommended to us by a respected Buyer’s Advocate. She described Craig to us as ‘the best Vendor Advocate in Melbourne’. We were wary, but knew we needed support to change the current dynamic. Craig instantly identified solid marketing strategies that hadn’t been recognised by the two agencies. After researching local agencies, he approached three to ask if they would like to submit a proposal, based on his selection criteria. He then met with the Directors and made a recommendation to us. Being in a small town, all the agents knew our house had been on the market for years and we knew they would try to reduce the sale price. Craig, with his new marketing strategy, convinced the selected agent to increase the selling price! I must admit that we were sceptical, but went along with his vision. Long story short…within six weeks we had an unconditional contract, delighted purchasers who paid $5,000 less than the advertised price. We’re obviously delighted!!! Craig is professional, honest and really works for his vendors. He is also able to maintain enthusiasm and optimism, even with thoroughly jaded vendors. We highly recommend Vendor Marketing.”
Want a proven better sale result for your property?
Enter your details below to download our FREE Essential Property Selling Guide and learn our 4 steps to success!
1.Real Estate Agent Selection – how we choose the best selling agent for your property 2.Accurate Price Quoting – why is getting this right so important 3.Making The Most Of Presentation – how to best present your property 4.Effective Property Marketing – how we create a winning property marketing strategy
Vendor Marketing – Melbourne’s most qualified vendor advocates will not disclose any of your personal information.