The owner of this gorgeous North Melbourne apartment contacted our team almost a year ago when she was considering listing it as a short stay after its long term lease had ended. We spent some time analysing the property, and presented her with a appraisal at our first meeting. We answered the questions she had, and went through her appraisal in detail, explaining how we performed our analysis, the earning potential of her property, other things she had to look out for, and next steps involved. We also took note of her expected revenue and how we could achieve it.
The Izzo team got to work immediately – we styled the property and started marketing it, giving the owner constant updates as we moved along. A month later, we had achieved an average of 88% occupancy and more than doubled her returns (compared to her previous long term earnings)!
We absolutely loved (and still love) working on this property – can’t you tell?