Returning expats looking for dream Sydney pad
▉ REGION: LOWER NORTH SHORE
▉ CLIENT: RETURNING EXPATS
▉ BUDGET: $10M
Webb & Co. was referred a returning expat family looking to lay down their roots in Sydney.
Background
Webb & Co. was referred to a returning expat family looking to settle in Sydney. With a budget of around $10 million, the family engaged Annabelle Webb and Billy Gleeson to help them find their dream home in the Lower North Shore region.
Challenges
The family faced several challenges in their home search:
Remote Search Difficulties: Having searched remotely for over six months, the family needed a reliable team on the ground to assist them.
Specific Family Requirements: They sought a home that met specific criteria, including accommodating a family member with a disability, and offering flat access, convenience to the CBD, outstanding views, and privacy.
Navigating a Competitive Market: The family needed to understand the true value of homes in a competitive market and gain early access to off-market properties.
Strategy
The Webb & Co. team presented multiple on and off-market listings, including ‘distressed’ properties, to the family. They conducted extensive research and due diligence to provide comprehensive information on the properties.
Outcome
The team found an off-market listing that ticked every box for the family. Annabelle Webb and her team's thorough research and advice provided the family with peace of mind. The home was secured for around $10 million after days of negotiation. Remarkably, the most recent appraisal of the home came in at around $20 million, creating $10m in equity for the family.