Having just been instructed to market the 27th “as is” property, here within the Griff Team we are finding that the demand is still good for these properties. It is worthy of noting that these properties are consistently achieving sale prices well in excess of the rating land value (LV). In fact the average for our sales is 24% above LV.
We boast a specific “as is” database of 245 purchasers all requesting, “tell us about the next one” – quite simply because of the perceived and real opportunity that these properties bring. It is not hard to understand why this demand is building momentum with the selling of the properties gaining credibility. With full disclosure, engineer’s reports and relevant data provided, purchasers are appreciating the transparency of the process while allowing them the opportunity to make a well informed decision before proceeding to purchase.
Our next property is due to go live tomororow, so do keep an eye on www.griff.net.nz for the heads up.