i.
Reservoir, Melbourne
Pre market acquisition
Off market townhouse, eight percent under comparables
Brief. Investor with $750k of capital ready, brief: yield led acquisition in an established northern corridor with realistic value add upside.
Time to acquisition
14 days
Discount
~8%
Net yield
4.2%
Day one equity
$58,000
We surfaced an off market townhouse two weeks into the engagement through a vendor advocate the public listing channel had not yet seen. Independent yield modelling held the offer below the seller's initial expectation, and the property settled with day one equity of approximately $58k against the nearest comparable. The investor used the bank revaluation eleven months later as the deposit on acquisition two.

