Thank you for your interest in 19/320 Manly Road, Manly West .

When buying a home such as this, there are always questions you have about the property.  As such I have attached for your perusal some information regarding the property you may find useful.

I will be in touch with you to discuss any questions you may have.  If you have a more pressing question that hasn't been answered in the following brochure, be sure to send me an email or jump on the phone.

Thanks again for your enquiry.  I look forward to working with you to find your new home.  You never know, this might just be the one.

Warm regards

Kelly Isaacs

0409393692 | 07 3893 2000

kelly.isaacs@fnwm.com.au

19/320 Manly Road, Manly West QLD

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19/320 Manly Road, Manly West QLD

Lot 19 on SP 116534

Title Reference Number:  50264848

Brisbane City Council Rates:  $360.16 / quarter

Body Corporate Fees:  $1163.60 / quarter or $89.50 / week

NBN Information: Connected

Year Built: 1999

The size of Manly West is approximately 5.1 square kilometres. It has 14 parks covering nearly 3.8% of total area. The population of Manly West in 2011 was 11,194 people. By 2016 the population was 11,962 showing a population growth of 6.9% in the area during that time. The predominant age group in Manly West is 40-49 years. Households in Manly West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Manly West work in a professional occupation. In 2011, 70.4% of the homes in Manly West were owner-occupied compared with 70.4% in 2016. Currently the median sales price of houses in the area is $745,000.

First National Real Estate - Wynnum Manly

3893 2000 | 0409 393 692

kelly.isaacs@fnwm.com.au

Its not just years of experience that makes a good real estate agent with over 25 years real estate experience in the local area, though Kelly certainly has that covered. Kelly has acquired a great reputation as a true real estate professional with an outstanding knowledge and expertise in all facets of residential real estate.

Taking an active role in developing and managing the entire sales process, Kelly's client focus enables her to develop targeted, property-specific marketing campaigns for her clients that deliver results.

Kelly provides her clients with honest, reliable advice about the potential sale or purchase. Those who have worked with Kelly report that she is unfailingly willing to “go the extra mile". If you require assistance with any of your real estate needs, please give Kelly a call.

Speciality Suburbs:

- Manly & Manly West

- Wynnum & Wynnum West

- Lota

- Gumdale & Wakerley

- Hemmant

- Belmont & Tingalpa

You have inspected the property and like it !  So what now? Talk to the Agent who will assist you through the process of making an offer.

In most cases, we can start the process with you completing a Letter of Offer.  This sets out the price and conditions you wish to purchase the property for.  We can use this document to commence a discussion with the Seller.  Once we have agreement we can then complete a formal Contract (which you can find under the Contract tab) and have both parties sign.

Please note that this process may differ from property to property and we recommend you speak to the Agent who will confirm the steps to purchasing this property.

Making an Offer When There are Multiple Offers

We understand buying a home can be daunting enough, let alone when the property you have just found is exactly what you have been looking for but you are not the only one who likes it.  Below we explain what happens when you find yourself in a multiple offer negotiation.

As the two words suggest a multiple offer situation occurs when more than one buyer has decided to place an offer on the same property at the same time.

Once a property becomes the subject of multiple offers an extra form (or in the case of FNWM there is an additional section on our Letter of Offer document), the Buyer is presented with an extra form called "Acknowledgement of Multiple Offer".  This form is designed to advise any buyer that there is more than one offer on the property - it effectively puts a buyer on notice that they may only get this one opportunity to present a price / conditions to the owner.  What this form looks like may differ from office to office but, accredited members of the REIQ must adhere to a strict code of professional conduct, especially in this situation.

When you find yourself in a multiple offer situation, it has been our experience that you don't always get another chance to negotiate as the Seller has been advised you have signed a document in good faith advising this is your best and final offer.

So how do you make the decision on what your offer should be?

This is the best advice we can give - make your offer at the level that if you are successful you are genuinely thrilled; but if you miss out you do so in the knowledge you have given it your best shot.  A trustworthy real estate agent would never advise you of what the other offers are and won't disclose your offer to other buyers.  It is not professional, not fair to anyone and erodes the trust you can have in an agent.  

Does the highest offer in price always get the prize?  Not always!  Here are some things to consider and some examples of real case scenarios;

Property X:  Both offers came in a $465,000, both were subject to finance and building and pest inspections.  Where the contracts differed was the size of the deposit.  One offer had a deposit of $1,000 and the other had a deposit of $30,000.  The Seller accepted the offer with the $30,000 deposit as they felt this provided a more secure contract.  Lesson:  put down as much deposit as you possibly can as it is generally a great indication of finance approval ability and give the Seller confidence your contract will go through.

Property Y:  Six offers on a property were reduced to two for consideration by the Seller.  One offer at $440,000 subject to building and pest (7 days) and subject to finance (14 days).  The other offer was $435,000 subject to building and pest (3 days) only and no other conditions.  The owner in this situation chose to accept the offer at $435,000 as it represented the stronger contract in their eyes as there were less and shorter conditions.  

So as you can see, it's not always about price.

A good real estate agent shouldn't encourage you to make an offer that makes you feel uncomfortable in any way.  If you require a finance clause then include it in your offer.  If you want a building and pest inspection then include that.  Just remember price is important but it is not the only card you can play when negotiating to buy a property.  There are other things than price that can make your offer look a lot more attractive to an owner in a competitive multiple offer situation.

If we can help, please do not hesitate to discuss your situation with us.  We are here to help!

We know it is a big decision when selecting an agency to manage your investment property and you will have lots of questions.  Below we have included a link to Our Professional Plan For The Successful Management of Your Investment Property which explains how we will look after your interests every step of the way.  We have also listed a few things below that we believe set our agency apart that may be of interest to you.  If you have any questions or need some advice, we'd love to help!  Please feel free to call us on 3893 2000 or email - info@fnwm.com.au.

Want to know more about how First National Wynnum Manly can help you with Property Management?

We know choosing a Property Manager can be a daunting task - we have created a straight forward guide that sets out how we look after you, your property and your tenant.  Click on the link below to find out more.

Link:  How FNWM can help you with Property Management