Precision Buying: Off-Market Surry Hills Penthouse Secured Below Value

▉ REGION: INNER CITY
▉ CLIENT: YOUNG PROFESSIONAL
▉ BUDGET: $1.1M

 

Penthouse Perfection for a Busy Professional

The Brief

Our client, a successful young professional, approached us after months of searching on her own with no luck. Between a demanding work schedule and an overwhelming market, she was finding it difficult to make real progress and was unsure how to distinguish a good property from a great one. She was seeking a stylish inner-city apartment that offered natural light, privacy, indoor-outdoor flow, and the opportunity to add value over time.

The Strategy

With her busy lifestyle in mind, we tailored our approach to make the process seamless and stress-free. We inspected a range of on- and off-market properties on her behalf, ruling out anything that didn’t meet her brief. This saved her countless hours and ensured every home we presented was a serious contender.

The search came with its fair share of challenges — limited supply and high demand in her price point meant quality properties were scarce, and many were selling before hitting the market. On top of this, we navigated a tight Easter holiday window and a looming state election, both of which made it harder to reach agents and vendors. Despite this, we maintained momentum by leveraging our network and focusing on high-quality, well-priced opportunities.

We prioritised penthouse-level apartments with architectural interest, functional layouts and long-term potential — narrowing in on a select group of properties with true standout appeal.

The Outcome

We secured her dream property a penthouse apartment in the heart of Surry Hills. The home offered generous indoor-outdoor living, dual balconies, and skyline views, with the perfect balance of immediate liveability and future potential through cosmetic upgrades.

Purchased off-market, within budget, and under market value — all during a period of limited stock and market uncertainty the property was a clear standout. A result that would have been near-impossible without the right timing, strategy and access.

 
Billy Gleeson – Co-Founder & Director

Billy Gleeson is one of the North Shore’s pre-eminent buyers agents, and has secured hundreds of millions of dollars of residential real estate for his clients.

Having lived in both the United States and London, Billy has extensive experience consulting for some of the world’s largest brands, in the marketing, media and not-for-profit industries, and now brings his passion for success to Webb & Gleeson.

Previous
Previous

Water view home purchased $400k under asking price

Next
Next

A renovator’s dream purchased $300k below bank valuation.