FREQUENTLY ASKED QUESTIONS ABOUT SELLING IN 416, 416A AND 418 ST. KILDA ROAD

We can quickly and easily answer all your questions

 

 

Here are some common questions about Selling OR Buying Your Unit at The Promenade, The Princeton and City Condos

 
 

 

 SELLING BY YOURSELF

How to establish your marketing budget?

How much are you willing to spend to sell your house?

Real estate commission if you use an agency to sell.

Advertising costs, signs, other fees if you plan to sell by owner.

Solicitor, closing agent and other professional fees.

Stamp Duty, Capital Gains Taxes for the sale.

Prorated costs for your share of annual expenses, such as property taxes, Body Corporate Levies, Land Tax,

Any other fees typically paid by the seller  (staging, surveys, inspections, etc.).

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WHICH AGENT TO USE WHEN SELLING?
WHAT IS  A "COMPARABLE SALE"?
WHICH SELLING METHOD IS BEST?
WHY DO YOU THINK THERE WILL BE DEMAND FROM BUYERS HERE?
WHAT ARE THE BENEFITS AND NEGATIVES FOR USING CITYLIFE TO SELL MY PROPERTY? 
IS AN "OPEN HOUSE" AS GOOD WAY TO SHOW MY PROPERTY?

HOME BUYERS:

WHAT ARE THE BENEFITS AND NEGATIVES FOR  LIVING HERE?
WHO WAS THE DEVELOPER OF THESE BUILDINGS?
ARE THEIR ANY FACILITIES AND AMENITIES FOR OWNERS HERE?
WHAT IS THE RATIO OF OWNERS TO TENANTS HERE, AND IS THIS IMPORTANT?
WHAT IS ATTRACTIVE ABOUT THIS AREA?
AFTER COVID-19, WILL PEOPLE STILL WANT TO LIVE IN 'HIGH RISE TOWERS' IN THE AGE OF SOCIAL DISTANCING? 
WHO ARE THE TENANTS IN THIS PRECINCT?
WHAT ARE THE BENEFITS AND NEGATIVES OF LIVING HERE?
ARE THE BODY CORPORATE FEES HIGH?
ARE THE BUILDINGS WELL MAINTAINED?

INVESTORS:
IS  THE RENTAL MARKET STRONG IN THIS AREA?
THE BUILDINGS ARE OLDER. DOES THAT OFFER ANY ADVANTAGE OVER NEWER BUILDINGS COMING UP NEARBY?
NEARBY BUILDINGS UNDER CONSTRUCTION ARE MOSTLY ALL RESIDENTIAL. WON' THERE BE AN OVERSUPPLY?
WHEN IS THE BEST TIME TO BUY AN INVESTMENT APARTMENT?
WHAT IS AN "ACCREDITED INVESTOR?"
 
WHO IS BEHIND CITYLIFE INTERNATIONAL?
 

 

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