We are reaching out to ensure owners of 29 Market Street are aware of the positive results being achieved in both the
SALE and
RENTAL market for the building.
We’ve noticed some properties advertised well under where they should be.
Reading the papers many may understand the inner-city market to be in decline, this is true for the new & modern hi-rise buildings and for some pockets of the CBD however the WHU market (Warehouse, Heritage, Unique) is holding firm and in many cases continuing to rise.
The rental market is going well across all sectors of the CBD, for WHU properties (Warehouse, Heritage, Unique) many will pay a little more and are often longer-term tenants.
If you’ve had thoughts of selling, need assistance with renting or are just curious as to the potential value of your property we welcome your call today 03 9664 8100.
If you’d like to take-a-peek at some of our results you can do so here and see our recent rental summaries below:
604/29 Market Street, Melbourne | 2 Bed | 2 Bath | 0 Car
- Was managed by a competing agency
- When we picked it up it had been leased for $495pw with a tiny proposed increase recommended
- The owner gave it a good spring clean between tenants but otherwise in original condition
- With our approach we leased in no time at $700pw
603/29 Market Street, Melbourne | 1 Bed | 1 Bath | 0 Car
- We sold this property to the new owners
- They entrusted us with the leasing after we had shown them recent results
- The property was beautifully renovated but only 44m2
- We leased the property for $500pw
Click here to read the landlord review
103/29 Market Street, Melbourne | 1 Bed | 1 Bath | 0 Car
- We saw the property advertised for $430pw
- The owners had freshened the property up between tenancies
- We found the owners and explained we felt the should be asking $475pw
- They weren't sure at first and wanted to give their agents a chance to lease at $470pw
- After a number of weeks vacant we were given a chance and at $475pw we leased it and had a tenant move in within 14 days
Click here to read the landlord review
206/29 Market Street, Melbourne | 1 Bed | 1 Bath | 0 Car
- A competing agent hat it under-rented at $395pw
- They had advised the owner to serve a $10 rent increase
- We advised we felt that was very under-whelming and we picked up the management
- We increased the rent with the existing tenant to $450pw
- A few months later the tenant vacated, we re-leased the property at $450pw
107/29 Market Street, Melbourne | 1 Bed | 1 Bath | 0 Car
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