We viewed the property on Thursday — showed clients on Saturday — were advised that owners were open to offers prior to the auction so did all the due diligence and submitted the offer on Monday. The vendor was in Singapore so we had to wait for an overnight response but purchased it on Tuesday. We negotiated a later settlement due to Christmas shut down to avoid downtime and not being able to get trades in.
The reason we focused on this property was a) its location (close to Rushcutters Bay, parks, transport, shops, restaurants, cafes) and b) its rooftop terrace — as big as the apartment which has a Harbour & city view.
