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By Smarter, Faster, Wealth Strategies

Property Wizards Brochure - Smarter, Faster Wealth Strategies

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Strategies for smarter and faster wealth creation by Property Wizards.

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Page 1: Property Wizards Brochure - Smarter, Faster Wealth Strategies

By

Smarter, Faster, Wealth Strategies

Page 2: Property Wizards Brochure - Smarter, Faster Wealth Strategies
Page 3: Property Wizards Brochure - Smarter, Faster Wealth Strategies

INDEX

How you can benefit from 2 ProPerty wizards

your journey witH ProPerty wizards 3

services 4

invest in ProPerty 6

buying a Home to live in 8

develoP a ProPerty 10

finding a ProPerty to develoP 11

develoPing your existing ProPerty 12

subdivison 14

commercial buyers 16

renovation 18

auction bidding 19

exPat service 20

foreign buyers 21

interstate buyers 21

We help you develop smarter,faster wealth strategies forfinancial independence

Page 4: Property Wizards Brochure - Smarter, Faster Wealth Strategies

Whether you’re a first-time property investor, or an experienced investor who already owns three or four properties, Property Wizards can help you fast-track your wealth creation through buying, investing in and developing the right property.

HOW YOU CAN BENEFIT FROM PROPERTY WIZARDS• Unbiased recommendations because we’re

totally independent.

• Sole focus on your needs as a buyer or developer.

• Help to develop your own individual strategy to achieve your personal goals.

• Our turn-key development service where everything is done for you.

• Market knowledge and experience of buying property, built up over decades and giving you a distinct advantage at all stages of the buying process.

• Fast-tracking your wealth creation by finding properties that outperform the market.

• Investigation that identifies properties that are well-priced or under-priced and offer the best opportunity for buying.

• Advice on the latest property wealth building strategies for the current market.

• Research to locate the very small percentage of properties that have the potential to achieve your goals.

• Negotiating skills that tip the scales in your favour as a buyer and can save you tens of thousands of dollars.

• Development and add-value skills that help hone your strategies for wealth-creating developments.

• Techniques that identify suburbs offering the greatest potential for growth based on our insider knowledge of future planning and infrastructure.

• Access to silent sales and properties before they’re advertised, providing you with a unique buying advantage.

• The latest statistics available and the experience to interpret data and identify trends that enable our clients to secure strategic purchases.

Page 5: Property Wizards Brochure - Smarter, Faster Wealth Strategies

Property Wizards designs tailored strategies to help you achieve your wealth creation goals through the intelligent buying and developing of property.

Our personalised and professional property service covers all aspects of the real estate purchasing process: finding the right property by applying research and property market know-how, negotiating the best possible price, assisting through to settlement

and developing your property to gain maximum benefit for you.

We take away all the stress of buying and developing property, we save you money and we help to make you independently wealthy at the same time.

Whether you’re a first time buyer or a seasoned property investor, Property Wizards provides smarter, faster wealth strategies to set you up financially for the future.

YOUR JOURNEY WITH PROPERTY WIZARDSCreated exclusively to serve Perth property investors and home buyers, Property Wizards is an independent, award-winning property consultancy that has helped hundreds of clients to fast-track their wealth creation through buying, investing in and developing property in Perth.

We help regular Mums and Dads to generate wealth through property buying, investing and developing

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Page 6: Property Wizards Brochure - Smarter, Faster Wealth Strategies

Every client has different needs and expectations, our service starts by listening to you to clearly understand the type of property you’re looking for. If you’re not sure, we help develop a strategy to identify and achieve your property goals. This is preferably done face to face but, if that’s not possible, we use telephonic or electronic communication.

During our initial meeting, we take you through various property buying strategies and show you the advantages of each, using simple language and easy to understand diagrams.

Your property goals could include one or more of the following:- A property in potentially high growth suburbs;

- A property with an extra “twist” that can accelerate your growth without you doing anything;

- An older style home that you can renovate to increase its value and lease to a better quality tenant;

- The best possible home you can afford near the right schools for your children;

- A property that you can develop and turn into an income stream;

- A property for which you’re paying near land value and getting an almost-free house;

- A commercial property in a particular suburb.

We can assist you with all or any of these.

Our buyer’s agency does not list or sell property and accepts no commission from sellers or developers. We are different from real estate agents because we represent the best interests of buyers. Real estate agents represent the best interests of sellers.

Importantly, we’re able to provide property investors and homebuyers with the same level of representation that property sellers have benefited from for years.

Regardless of market conditions, our research, knowledge, and access to silent sales mean we find the ‘hidden gems’ that can outperform the market in capital growth and rental returns.

‘‘‘‘Every client has different needs

and expectations, so our service starts by listening to you...

SERVICES

Page 7: Property Wizards Brochure - Smarter, Faster Wealth Strategies

Invest In propertyThe ‘Investment’ service is for you if you want the best investment property you can get for your dollar, using our inside knowledge and proven strategies to pick the gems in the market.

Buy a home to lIve InThe ‘Home to Live in’ service is for you if you want professionals on your side to find you the best home for your needs, ensuring you don’t overpay or miss out.

Develop a propertyThe ‘Development’ service is designed to increase your potential return by adding value either by developing, renovating or subdividing. This is where our expertise can help to find the best property using professional research, assessment and negotiation skills. We then develop the property for you in the most profitable way.

Develop your own propertyThe ‘Development’ service is also for you when you have a property with potential for development but need expert skills to assess the best way to develop and to manage the whole development for you in the most profitable way.

renovate a propertyOur professional property experts are available to advise on the best strategy for adding value to your property through full or partial renovation and will produce a clear path to your long term property goals.

CommerCIal property BuyersOur commercial property buying services will ensure you have a stress-free buying experience for any type of commercial real estate investment.

SERVICES WE OFFER5

Page 8: Property Wizards Brochure - Smarter, Faster Wealth Strategies

step 1 – what are your requIrements?Understanding where you are in your property wealth creation process, what you want to achieve, and your timeframe to make it happen, is fundamental to developing a strategy that’s right for you.

If you’re new to property investments, we’ll explain some of the key basic strategies available to you using simple diagrams and easy to understand language.

If you’re an experienced property investor, we review your existing investment portfolio and assess whether an enhanced strategy could be more effective in achieving your property goals.

step 2 – DetermInIng your wealth CreatIon strategyNow that we understand where you are and what you want to achieve, we help you formulate a realistic strategy to help achieve your goals.

We look at ‘Yield Based Strategies’ where the majority of your investment is in the actual ‘bricks and mortar’. A property that offers stronger rental income, bigger depreciation, low maintenance and lower capital growth.

We compare that with ‘Capital Growth Strategies’ in more sought-after areas where the majority of the cost of the property is the land value and where the opportunity for capital growth is greater.

We also consider strategies where you can add value to accelerate your growth in property wealth. These include finding rare properties with an extra “twist” that is not known to the general market.

INVEST IN PROPERTYAt Property Wizards, we follow a proven step by step approach designed to help you achieve your wealth creation goals through considered, well researched property investment that will outperform the market.

Choosing to invest in property presents a minefield of potential pitfalls that Property Wizards will help you avoid.

We quickly refine our search down from a total pool, often in excess of 12,000 properties, to just a handful of outstanding properties based on our tough selection criteria.

SEARCH & ELIMINATION

Page 9: Property Wizards Brochure - Smarter, Faster Wealth Strategies

step 3 – property searChOnce you give us the go-ahead, we undertake a comprehensive search of properties available for sale. We quickly refine our search down from a total pool, often in excess of 12,000 properties, to just a handful of outstanding properties based on our tough selection criteria.

step 4 – property InspeCtIonWe investigate a ‘shortlist’ of properties on your behalf and prioritise the best opportunities. We inspect on your behalf, saving you time and money and we guide you through the selection process.

step 5 – Due DIlIgenCeThis is where our experience really comes into play. If you are keen to proceed, we evaluate and assess the property in more detail.

We look out for ‘potential problems’ or expenses to factor in. We also include a range of conditions in the Contract of Sale that are in your favour, not the seller’s.

step 6 – aCCurate prICIngWe obtain up to date information about the property as well as comparable sales data to assist in assessing its true worth, which ensures you’ll never pay too much.

step 7 – aCquIsItIon strategyNow we’re getting to the pointy end of the process. Once we’re convinced the potential property investment ticks all the boxes for your investment strategy and that it is at an attractive price point to begin with, we negotiate with the agent on your behalf using all our legal tricks of the trade, to ensure that you obtain the property for the lowest possible price.

‘‘ ‘‘At Property Wizards, we take enormous satisfaction in the knowledge we’ve helped hundreds of average income Australians to become independently wealthy and to enjoy a lifestyle that they could only dream about before coming on board with us.

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Page 10: Property Wizards Brochure - Smarter, Faster Wealth Strategies

Our methodical, step by step approach to buying homes has proven to be hugely successful for our clients. We understand that a home is a very personal choice and not all your criteria can be explained by logic - it must feel right too.

So we work with not only what we call ‘hard criteria’ such as the number of bedrooms, bathrooms, the suburb you’d like to live in and so on, but also ‘soft criteria’ that include quality, style, spaciousness, street appeal and the like, that can also influence a final decision when buying a home.

To assist with the process, we may ask you to send us examples of homes you like the look of

so we can get a clear idea of what feels right for you. At the same time, we want to ensure your home stacks up as a great investment so you can benefit from good capital growth should you wish to sell your home.

By acting as an independent purchaser, and holding steadfast to a set of agreed criteria, we effectively remove the possibility of making a wrong decision based on impulse or sheer frustration and which you might regret down the line.

Instead, we’re applying the unrivalled knowledge that we’ve accumulated over years to give clients a decided advantage at all stages of the buying process.

BUYING A HOME TO LIVE IN

Instead, we’re applying the unrivalled knowledge that we’ve accumulated over years to give clients a decided advantage at all stages of the buying process.

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Even though a real estate agent may be very nice towards you, remember they work for the seller, not the buyer. It’s required of them by law!

step 1 - we estaBlIsh your requIrementsDuring our initial, free consultation we’ll discuss the type of property, the choice of suburb and any other pertinent considerations you may have such as proximity to schools, shopping, transport, leisure activities and infrastructure.

step 2 - property searCh Once you give us the go-ahead, we’ll commence a comprehensive search of properties available for sale within your agreed criteria. Not only do we have access to every listed property available, our networking skills enable us to find many “silent sales” before they come on the market, which often represent exceptional value for money and huge capital growth potential.During this phase we get to know exactly what you like and don’t like, because this is your home and not just an investment property.

step 3 - a shortlIstWe then investigate a ‘shortlist’ of properties on your behalf and prioritise the best candidates. When we view a property we take many digital photos to send you that show the good and the bad so you can get a real feel for the property. This step saves time and money as we guide you through the selection process.

step 4 - Due DIlIgenCe This is where our experience really comes into play. If you are keen to proceed, we evaluate and assess the property in more detail. We look for ‘potential problems’ or expenses to factor in. We also include a range of protective conditions in the Contract of Sale that are in your favour, not the seller’s.

step 5 – aCCurate prICIng We obtain up to date information about the property as well as comparable sales data to assist in assessing its true worth, which ensures you’ll never pay too much.

step 6 – aCquIsItIon strategy Now we’re getting to the pointy end of the process. Once you’re happy this is the right property plus we’re convinced it ticks all the boxes for your home buying strategy and it’s at an attractive price point to begin with, we negotiate with the agent on your behalf, using all our legal tricks of the trade, to ensure that you obtain the property for the lowest possible price.

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Page 12: Property Wizards Brochure - Smarter, Faster Wealth Strategies

Developing a property is becoming more and more popular for property investors. It’s another way to create your own wealth through property, along with excellent tax advantages, and you don’t need to be a millionaire or existing property developer to do it. Of course, you need to know what you’re doing, otherwise you could lose money.

At Property Wizards Developments, our expert team guides and manages your property development project from the initial planning stage right through to completion. We act as a trusted partner and take care of every detail for you, including the development assessment, hiring professional designers, builders and contractors, liaising with Councils for building approval, and so on. In fact, you don’t need to lift a finger – just sit back and watch your wealth being built brick by brick, row by row.

DEVELOP A PROPERTYwatch your wealth growing brick by brick, row by row

step 1 – InItIal meetIngUnderstanding where you are in your property wealth creation process, what you want to achieve, and your timeframe to make it happen, is fundamental to developing a strategy that’s right for you.

If you’re new to property investing or developing, we’ll explain some of the key basic strategies available to you using simple diagrams and easy to understand language.

If you’re an experienced property investor or developer, we review your existing investment portfolio and assess whether an enhanced strategy could be more effective in achieving your property goals.

step 2 - DetermInIng your Development wealth strategyNow that we understand where you are and what you want to achieve with your property development, we help you formulate a realistic strategy to help achieve your goals. We look at the available development strategies and which of these suit your time horizon, your budget and your objectives.

FINDING AIf you don’t already have a development site, Property Wizards can help you find the right site to suit your strategy, goals and budget. Wherever possible, our clients aim to retain their development properties in order to build their portfolio, so we apply our skill, knowledge and due diligence to building your wealth in the same professional way that we would if we were buying a long term investment for capital growth and rental return.

By using Property Wizards to develop your property, you’ll have someone who is on your side, looking after your interests and advising on the most profitable approach for you.

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We look at buying to develop immediately and the different ways to do this, compared with buying to develop later and the best ways to do that.

We also consider strategies where you can stretch your budget by staging the development, enabling you to become a developer with a smaller budget than you may have thought possible.

step 3 – property Development searCh Once you give us the go ahead, the first step is to send you for finance assessment, so that we can ensure the development we find for you is one you can afford, according to the strategy we have set out with you.

We undertake a comprehensive search of properties available for sale. We quickly refine our search down from a total pool, often in excess of 12,000 properties, to just a handful of outstanding properties with excellent development potential based on our tough selection criteria.

step 4 - property InspeCtIon. We investigate a ‘shortlist’ of properties and prioritise the best opportunities for development. We inspect on your behalf, looking for ‘potential problems’ or expenses to factor in when assessing the merits of one development site over the next. This saves you time and money as we guide you through the selection process.

We also explore further using government authorities, planning policies, our paid subscription data, our contacts in the market and our detailed experience in selecting development sites.

step 5 - Due DIlIgenCe This is where our experience really comes into play. If you are keen to proceed, we will evaluate and assess the development site in more detail. We will also include a range of conditions in the Contract of Sale that are in your favour, not the seller’s, to ensure the property can be developed the way we envisage.

step 6 – aCCurate prICIng We obtain up to date information about the development site as well as comparable sales data to assist in assessing its true worth, which ensures you’ll never pay too much.

step 7 - aCquIsItIon strategy Once we’re convinced the property development site ticks all the boxes for your strategy, and it’s at an attractive price point to begin with, we negotiate with the agent or owner on your behalf, using all our legal tricks of the trade, to ensure that you obtain the development site for the lowest possible price.

At this stage, after the offer is accepted, we arrange a Survey and Design Report by Property Wizards Developments, to determine what the optimum development will be from a range of options including villas, townhouses, apartments, retaining the home, or demolishing the existing home completely, and starting afresh.

PROPERTY TO DEVELOP11

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step 1 - Free Development assessmentWe assess the zoning, block size and site layout and advise you on the development potential of the property, using our experience and knowledge of development sites and the local market.

step 2 - survey anD DesIgn reportWe have your site surveyed by a surveyor and do a complete site assessment. We consider the likely demolition cost, site costs and those unusual costs that an inexperienced person may not allow for, which can wipe out all the wealth gain on a project.

We consult with the designers or architects to achieve the best possible outcome with building type, style and design to best suit the site, the local market and your development strategy.

We then have home designs drawn up that are tailor-made for your site and negotiate with the builders for final contract pricing so that you’ll know exactly what the homes are going to cost you, enabling you to plan your finances and cash flow with your finance representative. Because of our buying power we are able to negotiate better prices with the builders than a person with a single project.

step 3 – Development applICatIonDepending on the method of development you have chosen, we may submit your development and tt applications at the same time. Once your applications have been submitted, we liaise with Council and Planning Authorities on your behalf. This often involves meetings and negotiations until approval is gained and here our contacts, negotiation skills and good working relationships with the authorities are instrumental in achieving the best results for you.

DEVELOPING YOUR EXISTING PROPERTY

HANDOVER

1 2 3 4 5 6FREE

DEVELOPMENT ASSESSMENT

SURVEY AND

DESIGN

DEVELOPMENT APPLICATION

SUBDIVISON SITE WORKS & CONSTRUCTION

FINISHING

• Zoning• Block Size• Site Layout• Assessment

• Survey• Design• Costings

• Finalise designs• Applications• Council

• Services• Demolition• Final Survey• Titles

• Problem Solving• Timeline• Construction

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• Quality• Finishings• Budget

If you have an existing property or own a development site, we will work with you to maximize the wealth building potential of the site.

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step 4 - suBDIvIsIonAgain, depending on your development method, we may subdivide first or we may commence building at the same time.

We carry out the subdivision – involving demolition, clearing land, applications to authorities and installing services such as power and sewerage. This is followed by the final survey and applications for titles. We deal with any hurdles along the way, whether they relate to the site or to extra requirements by the authorities.

step 5 – sIte works anD ConstruCtIonWe project manage the construction and completion of your new dwelling. This includes liaison with builders to track progress and agreed timelines, ensuring all work is completed as stated and planned, negotiate any issues that may arise, and act as a troubleshooter and problem solver when necessary.

step 6 – FInIshIng traDes anD supplIersOnce the dwelling is constructed to the exacting standards specified, finishing trades and suppliers are engaged for the painting, floor coverings, landscaping, window treatments, security system installation, and more. We ensure your dwelling is finished to a professional standard, on budget and within an acceptable timeframe. For many of these finishing trades we are able to negotiate better prices than the builders charge, saving you money on your development.

step 7 – CompletIonThe handover of the finished project is an exciting moment. It’s the completion of a journey that we handle from beginning to end that results in our clients having a new development property to fast-track the creation of their wealth, their rental income and the growing of a substantial property portfolio.

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Page 16: Property Wizards Brochure - Smarter, Faster Wealth Strategies

SUBDIVISIONThe rewards of subdivision can be considerable. The opportunity to create a new property to fulfill the specific demands of the market can bring high returns very quickly. This initial profit yield can then be reinvested to boost your investment portfolio, or you may choose to keep the new block and build on it.

More often than not, a subdivision can be time-consuming, stressful, and full of unexpected twists and turns that can impact on your capacity to maximise your returns, particularly if you’re inexperienced, time-poor or impatient.

Success requires a combination of experienced project management skills, exceptional patience and attention to detail, and the ability to navigate through a diverse range of issues, including urban planning, storm water drainage or even nosey neighbours.

The good news is that Property Wizards has been helping many ‘ordinary, hard working’ Australians to create substantial wealth through clever, well planned subdivision projects.

For a fixed fee, we take complete responsibility for everything involved in successfully managing a subdivision project. Our expertise includes subdivision and amalgamations for Green Title, Survey Strata, Vacant Strata, Built Strata and conversion of restrictive older strata titles to survey strata titles.

Subdivided property

Page 17: Property Wizards Brochure - Smarter, Faster Wealth Strategies

step 1 - Free suBDIvIsIon assessmentWe assess the zoning, minimum land requirements, block size and site layout and advise you on the subdivision potential of the property, using our experience and knowledge of development sites and the local market.

step 2 - Consult wIth loCal shIre anD wa plannIng CommIssIonWe consult with the local shire and the WA Planning Commission who will ultimately issue approval for the subdivision. The planning authorities have restrictions governing the subdivision of land, while every Council has their own unique set of requirements that need to be adhered to in order for the subdivision to proceed.

We also consider the discretionary powers of the council and prohibited uses, as well as any easements and potential restrictions on subdivision rights.

step 3 - survey reportWe have your site surveyed by a surveyor. We do a complete site assessment and consider the likely demolition cost, services and site costs and those unusual costs that an inexperienced person may not allow for, which can wipe out all the wealth gain on a project.

We have a draft subdivision plan drawn for your site.

In some cases we may be required to submit a development application as well in order to get the subdivision approval. If so, we consult with the designers to have home designs drawn up for your site.

step 4 - suBmIttIng suBDIvIsIon applICatIonsWe act on your behalf to submit your applications and negotiate with the Planning Commission and the Council. This process can take several months so you need to have patience. However, due to our experience

in subdivisions and dealing with the authorities, we can avoid unnecessary delays that an inexperienced person is likely to encounter.

step 5 - suBDIvIsIon ClearanCesOnce your subdivision has been conditionally approved, we carry out all the conditions put on the approval. This includes arranging demolition, clearing land, and installing services such as power and sewerage. We deal with any hurdles along the way, whether they relate to the site or to extra requirements by the authorities.

step 6 - tItles anD hanDoverOnce all conditions are cleared, it’s time for the final survey and applications for titles. When the titles are issued the subdivision project is complete and you are ready to continue with your chosen property plans.

HERE’S WHAT WE CAN DO

Zoning classifications within suburbs are constantly being

reviewed by councils as town planners and developers look

for ways to cope with Perth’s fast-growing population. Through

our experience and knowledge we can advise on the suburbs

that are ‘pencilled in’ for rezoning. From an investment point of

view, such knowledge can be crucial.

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A subdivision can bring high returns in a short space of time. But the risks are equally high if you’re not sure what you are doing.

Page 18: Property Wizards Brochure - Smarter, Faster Wealth Strategies

The factors that drive the success of commercial property investment are very different to those relating to residential property.

For many investors, commercial property can be a highly profitable component of their overall property investment portfolio. Where investors go wrong is to assume the rules for investing are the same as for residential property, or that they can do it all themselves.

There’s a world of difference between commercial and residential property, and if you don’t understand what it is, then what looks to be a gold mine can quickly turn out to be a black hole, financially.

At Property Wizards, we can show you ways to reduce your risk through careful selection and screening, using methods most people don’t know.

One of the traps is the assumption that you’ll enjoy a higher cash flow through better rental returns. However, there is also a higher vacancy risk if it’s the wrong property, and this can place added pressure on your cash flow.

What’s absolutely critical is the selection of the commercial property, which requires comprehensive research, due diligence and experience. Then there’s the often complex lease agreement, which needs to be thoroughly investigated in terms of wording, paragraphs, clauses and fine print that can leave you locked in with nowhere to go.

The comparison of residential and commercial properties below may assist you in deciding whether commercial property is right for your individual needs and circumstances.

RESIDENTIAL COMMERCIALYIELD Lower yields Usually higher yieldsTENANT ISSUES

Need a good property manager to avoid niggly tenant issues

Need a good property manager to optimise rent and value

LEASES More standardised More complex and they can affect the property valueCASH FLOW Lower cash flow in exchange for

future growthBetter cash flow and tenant pays the outgoings

CAPITAL GROWTH

Generally higher but not always. Generally lower but in superior area growth can be high

GEARING 80% plus, so you need less cash Usually 70% or less and there are higher start-up costsTERM Loans are normally 30 years Loans are normally 10 to 15 years.TENANTS & VACANCIES

Generally easier to find tenants Smaller pool of tenants and vacancies can be costly

PRICE With homework and research, assessing what to pay is easier

Price is affected by lease, tenant quality, comparative yields, etc.

BUDGET Can be bought on most budgets, small or large

Possible on a lower budget, but it’s very competitive and there are fewer quality opportunities.

ComparIson Chart oF resIDentIal anD CommerCIal.

COMMERCIAL BUYERS

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step 1 - we estaBlIsh your requIrements. During our initial free consultation we’ll discuss the type of commercial property you’re looking for, whether it’s office, retail or industrial, and what your objectives are.

step 2 – CommerCIal property searCh Once you give us the go-ahead, we’ll commence a comprehensive search of commercial properties available for sale within your agreed criteria. Not only do we have access to every listed commercial property available, our networking skills enable us to find many “silent sales” before they come on the market, which often represent exceptional value for money.

step 3 - a shortlIstWe then investigate a ‘shortlist’ of commercial properties on your behalf and prioritise the best candidates.

When assessing the merits of one commercial property over another, Property Wizards considers:

• The location and its prospects• The existing tenant and lease• The likely tenant base• The current rental yield and likely future

prospects• Potential for capital growth• Your investment objectives• Your budget

At each inspection, we take many digital photos to send you that show the good and the bad so you can get a real feel for the commercial property. This step saves time and money as we guide you through the selection process.

step 4 - Due DIlIgenCe This is where our experience really comes into play. If you are keen to proceed, we evaluate and assess the property in more detail. We look for ‘potential problems’ or expenses to factor in. We also include a range of protective conditions in the Contract of Sale that are in your favour, not the seller’s.

step 5 – aCCurate prICIng We obtain up to date information about the property, the lease and tenant, as well as comparable yields and sales data to assist in assessing its true worth, which ensures you’ll never pay too much. In some cases we order a valuation of the property.

step 6 - aCquIsItIon strategy Now we’re getting to the pointy end of the process. Once we’re convinced the potential commercial property investment ticks all the boxes for your strategy, and it’s at an attractive price point to begin with, we negotiate with the agent on your behalf, using all our legal tricks of the trade, to ensure that you obtain the property for the lowest possible price. Once purchased, we oversee the conditions inserted in the contract to protect you all the way.

WHAT WE DO FOR YOU

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We provide considerable research, skill and due diligence to locate excellent performing commercial property.

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Renovating is a proven way to substantially increase the value of a property.

You may choose renovation as a strategy on its own, or in combination with a buy and hold strategy or a plan to build wealth through development.

Of course, there’s more to renovation than knocking down a couple of walls and adding a coat of paint.

For example, will your renovation be in keeping with the age and style of the home? Do you need Council approval for the type of renovations you’re considering? Have you considered the risk of over-capitalising and not seeing the returns? And most important of all, are you spending your renovation Dollars on the right things?

Our wealth of experience means we will be advising from a potential investment perspective, which is independent and can ensure you don’t make a costly mistake.

Everything is handled for you: finding tradespeople and ensuring they turn up when agreed, checking on their work and making sure it’s done in a reasonable timeframe so that you can have it tenanted sooner, or ready to put on the market for sale.

Your renovation can be done more quickly because it’s done by professionals working full time – it doesn’t have to wait until you can get time off your busy schedule.

It’s also cost effective because of bulk buying, wholesale prices and the lower trade labour rates we and our suppliers enjoy.

RENOVATION

We handle the whole renovation for you, and our professional advice means you won’t be spending money on the wrong jobs.

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Auction Bidding is another part of our service that is designed to buy properties for clients at the lowest possible price. Our years of experience as buyer’s agents and our emotional detachment from the property itself, mean we’ll never get caught up in a bidding war that will exceed your budget or leave you with a property that has been overvalued.

The hard work actually begins well before the auction. Firstly, we identify the property and ensure it meets all our stringent selection criteria. Then we research the market and look at all the actual sales figures for equivalent properties to see what its true worth is. From this, we determine an appropriate purchase limit with your approval and develop our buying strategy.

During the auction, our due diligence helps us decide whether to continue bidding to buy the property, whether to pull out of the bidding, or possibly let the property be passed in to us, at which point we then apply our expert negotiation skills to secure the property.

There’s always a measure of psychology involved in an auction process, and we know all the tactics to employ to give our clients the best chance of securing the property at the lowest possible price.

Our years of experience as buyer’s agents and our emotional detachment from the property itself, mean we’ll never get caught up in a bidding war that will exceed your budget or leave you with a property that has been overvalued.

AUCTION BIDDING

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EXPAT SERVICE

WHERE THE LIVING IS EASY

We also buy properties on behalf of ‘Expats’ who may be coming to the end of their working contract overseas and are looking to return home. Or they may be interested in an investment property or to develop property in Perth. We assist them to find outstanding properties that tick all the right boxes for their strategies and requirements, and then we negotiate the best possible price.

We leave no stone unturned to find the best property at the lowest possible price.

We do all the research, the market analysis and appraisal using the most up to date techniques. We have access to every available property on the market in Perth, as well as some that haven’t even hit the market, due to our networking ability. From this, we compile a shortlist of the best possible properties. And believe us, we’re fussy.

Importantly, we are completely independent of selling agents, vendors, developers and project marketers, so you know we’ll consider all suitable properties without bias, and we will only recommend a property if it suits our agreed set of criteria.

It’s the world’s most isolated capital. Situated on the southwestern edge of the Australian continent, Perth, capital of Western Australia, sits between the blue of the Indian Ocean and the desert sands of the Nullarbor.

Its nearest state capital neighbour is Adelaide in South Australia which is 2750 kilometres away or at least two days by car. But no worries mate, as we Aussies say.

However far it may be from the rest of the country, and the rest of the world, Perth has a reputation of being in the sunniest Australian state, where houses are relatively cheap, the surf is at its backdoor, and many are envious of its nice-and-easy lifestyle.

Nearly 4000 kilometres by road from Sydney (taking the shortest route), Perth can be reached from the east coast through a leisurely train ride on the famed Indian Pacific, by road or by air.

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FOREIGN BUYERS

INTERSTATE BUYERS

We act for buyers from all over Australia, to find outstanding properties that tick all the right boxes for our clients’ strategies and requirements, and then we negotiate the best possible price.

We leave no stone unturned to find the best property at the lowest possible price.

We do all the research, the market analysis and appraisal using the most up to date techniques. We have access to every available property on the market in Perth, as well as some that haven’t even hit the market, due to our networking ability. From this, we compile a shortlist of the best possible properties. And believe us, we’re fussy.

Importantly, we are completely independent of selling agents, vendors, developers and project marketers, so you know we’ll consider all suitable properties without bias, and we will only recommend a property if it suits our agreed set of criteria.

We’ve acted for property buyers from all over the world, including Singapore, Malaysia, Indonesia, South Africa, Hong Kong, Britain, USA, Canada, New Zealand, Europe, South America, and many other countries in Asia.

We understand the Foreign Investment Review Board requirements and take care of getting permission for you to buy property in Perth.

Many of our foreign buyers are buying a home or investment in anticipation of their migration to Perth, buying for their children who are studying in Perth or have decided to invest or develop property in Perth.

We do all the research, the market analysis and appraisal using the most up to date techniques. We have access to every available property on the market in Perth, as well as some that haven’t even hit the market, due to our networking ability. From this, we compile a shortlist of the best possible properties. And believe us, we’re fussy.

Importantly, we are completely independent of selling agents, vendors, developers and project marketers, so you know we’ll consider all suitable properties without bias, and we will only recommend a property if it suits our agreed set of criteria.

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We act for buyers around Australia and the world, to find outstanding properties that tick all the right boxes and then we negotiate the best possible price.

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Whether you are a first-time investor, a seasoned pro or a home buyer, please contact us for information or a free consultation to help you build a

property portfolio for financial independence.

Property Wizards Smarter, Faster Wealth Strategies

Tel (08) 9381-7450

Fax (08) 9381-7490

[email protected]

www.propertywizards.com.au

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121 Churchill Avenue, Subiaco Perth WA 6008

P O Box 256 Subiaco, WA 6904 Australia

• Property Wealth Strategists

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International Tel +618 9381-7450

Fax +618 9381-7490

Licensed Real Estate Agent, Licensee T/C 50550 Property Wizards Pty Ltd atf The Streets Ahead Unit Trust ABN 61 772 441 085