Mosman Penthouse bought Off Market with no competition

9 Aug

Written By Billy Gleeson – Founding Buyer’s Agent

Expansive Mosman penthouse living area with large windows offering natural light and views

▉ REGION: MOSMAN
▉ CLIENT: DOWNSIZER
▉ BUDGET: $6M

Webb & Co. targeted and secured an Off Market penthouse in Mosman with no competition.

Background

Webb & Co. successfully assisted a local downsizer in Mosman with a budget of $6 million to acquire an exclusive off-market penthouse. The client had been searching for over two years and engaged Webb & Co. for their expertise in accessing unique properties.

Challenges

The client faced several obstacles in their property search:

Prolonged Search: Searching for more than two years without success highlighted the challenges in finding a suitable property in the Mosman area.
Specific Property Needs: As a downsizer, the client had particular requirements for their new home, including a penthouse that provided both luxury and practicality.
Exclusive Property Market: Finding a property like a penthouse in Mosman, known for its high-end real estate market, often involves competing with other buyers.

Strategy

Webb & Co., led by their experienced team, focused on sourcing off-market and confidential listings. They targeted a specific penthouse that matched the client's requirements and employed a strategic approach to ensure they were the only buyer aware of the property's availability.

Outcome

Webb & Co.'s strategy was successful. They developed a tailored negotiation strategy and secured the penthouse for the client in the $5.5 million range, under the budget. This was a notable achievement in Mosman's competitive property market, especially considering the lack of competition and the client's specific needs.

Lower North Shore

Billy Gleeson – Founding Buyer’s Agent

Billy Gleeson has been a resident of the Lower North Shore for more than 20 years, living and breathing real estate in the area since his early childhood.

Having lived in both the United States and London, Billy has extensive experience consulting for some of the world’s largest brands, in the marketing, media and not-for-profit industries, and now brings his passion for success to Annabelle Webb’s team.