Why Flats?

Despite bubble fears, interest rate hikes and pricing concerns – plain old simple flats stays a good viable and sustainable investment.

Inexperienced investors and buyers are not sure where to spend their money. We believe they should enter the lucrative property investment market by acquiring something safe, simple and affordable. Plain ordinary flats in a plain ordinary area are always a safe bet.

Because of high tenant demand they are easily filled at surprisingly lucrative rates. The above coupled with relatively low acquisition costs and the fact that they are easy to maintain and administer makes them a safe stable investment choice for the novice and seasoned investor alike. In partnership with an experienced, strong and focused estate rental agency, you really cannot go wrong.

We advise buyers to look for properly priced one and two bedroom flats in Sunnyside, Arcadia, Muckleneuk and Hatfield areas. These flats will be priced in the right range and are always affordable to the bulk of potential tenants. Even in the worst of times they are always in demand.

Things to look out for would be to check that the body corporate finances are in good order and that the property is properly managed and maintained. Good security and a good safety record for the building is also a essential. Potential buyer is able to ask the managing agents for a copy of the latest financial statements and the current monthly levy payment situation to ensure that the finances are in order. Don't worry too much about the condition of the interior of the flat because providing the building is solid, it can be fixed up nicely for a relatively small amount.

Our seasoned agents (agents working 10 years and more in this specific area) only source flats in Arcadia, Hatfield, Sunnyside and Muckleneuk areas which complies with the following criteria:

• Properly priced (by obtaining recent sales of flats in the block and area from the Registrar of Deeds);
  
• Clean and sturdy built block;
  
• Well run and managed blocks;
  
• Good security and track record;
  
• Market related rental
  
• Which will deliver a good or excellent return to the buyer or investor?

Additionally to the above we will do a projected cash flow and return on investment analysis for the specific flat for a 5 year period. The above enables the investor to make an informed decision. As a rule we service the investment market. References of our clients are available on request. Also see our detailed investment discussion which will soon be available online.