Laing + Simmons |Hornsby July 2016 Newsletter
Off the plan purchases Love them or hate them, new apartments are going up all over the Hornsby Shire. For some, off the plan purchases are not an option, but for those who are keen to explore these properties further, there are certain points to look out for to ensure your off the plan purchase is a successful one. These include:
Research the developer and builder
Understand the market cycle you are buying into
Stage one sales are generally the best
See our list below of Grants and Benefits for Investors...
Matt Effenberg Managing Director 0417 773 500
Sales News RECENTLY SOLD PROPERTIES 2/139 Jersey Street North ASQUITH 2 Bed | 2 Bath | 1 Car + SOLD: $668,000
Off The Plan
+ Sales Method: Private Treaty + Days on the market: 21 + Off the Plan 17/14 Fraser Road NORMANHURST 3 Bed | 3 Bath | 2 Car + SOLD: Contact Agent + Sales Method: Private Treaty + Days on the market: 0
Grants and incentives $5k available to “all new home” buyers up to $650k $10k available to “first home buyers” up to $750k Stamp duty concessions of up to $20,240 for first home buyers
+ Inspections: 6
Benefits for investors
11 Park Road COWAN 3 Bed | 1 Bath | 2 Car
Increased depreciation reducing holding costs
+ SOLD: $810,000
Low maintenance on quality builds
+ Sales Method: Private Treaty
Good potential for capital gain
+ Days on the market: 128 + Inspections: 37 23 Blue Ridge Crescent BEROWRA HEIGHTS 3 Bed | 2 Bath | 3 Car + SOLD: $908,000 + Sales Method: Auction + Days on the market: 21 + Inspections: 27
If you are thinking of buying off the plan and would like to discuss your options further, please contact one of our sales team on 9477 3500.
Investment Watch RECENTLY LEASED PROPERTIES 17 The Outlook HORNSBY HEIGHTS 5 Bed | 3 Bath | 2 Car + LEASED: $900 per week
9/33-35 Galston Road HORNSBY 3 Bed | 2 Bath | 2 Car + LEASED: $680 per week
7 Clarinda Street HORNSBY 4 Bed | 2 Bath | 2 Car + LEASED: $850 per week
17/12-18 Orara Street WAITARA 2 Bed | 2 Bath | 1 Car + LEASED: $590 per week
Investment THE CREST
Off the plan 60% SOLD Due to popular demand, 60% of the apartments at the Crest in Asquith are now Sold. Since its release in November 2014, interest in the project at 319 Peats Ferry Road has been strong, with the majority of buyers being local investors, first home buyers and downsizers. Completion is due late this year. With the availability of grants up to $30,240 and the recent drop in interest rates, now is the perfect time to buy in at OFF THE PLAN PRICES. Contact Matt Effenberg on 0417 773 500 or Liz Pitt on 0402 077 851 for a buyer information pack.
Looking To Invest? If you are currently looking for the right location and property for an investment, you’ll also want to consider who is going to manage your new property. The right Property Manager will maximise your weekly rental income as well as source high quality tenants who will best take care of your asset. At Laing + Simmons Hornsby, our Property Management Team have the right combination of local knowledge, experience and expertise. We make it our business to get to know you so we can understand your needs, objectives and expectations, to maximise the performance of your investment property. To find out how we can help you manage your investments, call Heidi on 0405 455 753 or email heidi@lshornsby.com.au
Meet Our Team
Matt Effenberg 0417 773 500 Principal L.R.E.A
Karl Effenberg 0418 640 147 Sales Executive Auctioneer
Steve Noakes 0431 620 422 Associate Director Sales Executive
Fred Whong 0450 473 411 Sales Executive
Liz Pitt 0402 077 851 Sales Executive
Shahin Shamsarya 0433 510 992 Sales Associate
Jane Mo 0431 097 742 Sales Associate
Ruth Conwell Marketing & Sales Support
Montserrat Blanco Accounts Manager
Sally Nicholls Reception
Heidi van Weelderen
Lisa Foyle 0434 278 336 Property Manager
Jemma Radocaj 0421 248 733 Property Manager
Samira Sayed Property Manager Associate
Belinda Frewin Leasing Consultant
0405 455 753 Director Property Management
Adam Noakes 0450 753 268 Sales Executive
Meet the team... Liz Pitt is a great communicator and loves managing projects from start to finish, making her a natural when it comes to real estate. Having grown up in Wahroonga, Liz still lives in the area and her children attend local schools. She has a wealth of local knowledge and appreciation for everything the community has to offer. Liz prides herself on giving all clients the time and attention they deserve. Many of Liz’s listings are referrals from previous clients, who attribute her success to her honesty, integrity and hard work. In 2015, Liz won the Laing + Simmons Rookie of the Year Award to add to her list of accomplishments, along with a Customer Service award in 2016. Whether you’re selling or buying, investing or finding the perfect family home, Liz strives to provide the best possible experience. Her attention to detail and exceptional people skills ensure that the sales process is a smooth and successful experience for all parties.
Liz Pitt Sales
If you are interested in selling your property, contact Liz on 0402 077 851 or liz@lshornsby.com.au Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Interested parties are advised to carry out their own investigations.
Beyond the expected
TM