Just sold · Higgins
3 NORTHMORE
CRESCENT
Tenanted investment property
An underperforming investment, sold mid-lease with the tenant in place.
The story behind the sale, with Steve Lowe.
How the campaign played out
Sell with the tenant in place.
The result
The sale price is revealed in the video
Watch the story first. The price unlocks here the moment it's revealed.
The result
$???,???
Private treaty, tenanted.
The takeaway
A lease doesn't have to block a sale.
Respect for the tenant and smart negotiation on terms can still deliver a strong result.
Selling in Higgins
Questions sellers ask us
Can I sell my Higgins investment property mid-lease?
Yes. 3 Northmore Crescent sold for the result in the video with the tenant in place.
Does a tenant reduce the buyer pool?
It can deter owner-occupiers who want to move in straight away, so the strategy needs to account for it.
How do you handle inspections with a tenant?
We build a respectful relationship with the tenant and agree reasonable access times.
What should I do with an underperforming investment?
Talk to us about your options and we'll help you put a clear plan in place.
Read the video transcript
Hi, Steve Lowe here from Agent Team Real Estate. I wanted to quickly share the story behind the recent sale of 3 Northmore Crescent here in Higgins. The owners came to us with a real dilemma.
Their investment property was underperforming with another managing agent, and they felt the time was right to sell, even though the property was still tenanted. Selling a home mid-lease can be challenging, but it is something we specialise in. Our approach is simple.
We take the time to get to know the tenant, build a respectful relationship, and work with them closely. That makes access for inspections and open homes much smoother and less stressful for everybody involved. One of the key challenges with properties like this is that when there are many months left in the lease, it can deter some owner-occupier buyers who want to move straight in.
That means strategy and negotiation really matter. After careful planning and negotiation, we secured a deal with settlement terms that suited our owner perfectly, achieving a final sale price of $???,???. If you own an underperforming investment property and are considering selling mid-lease, please feel free to give me a call.
I'll be more than happy to help talk you through your options and help you put a clear plan in place.
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