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 – Founder & Director

A Lower North Shore resident of over 20 years, Billy Gleeson is considered one of the North Shore’s pre-eminent and most respected buyers agents, bringing a passion and energy for real estate to Webb & Gleeson Buyers Agency.

With more than 5 years experience in the North Shore real estate market, Billy has facilitated the purchase of some of the region’s most prestigious homes, including a $20m estate in the Lower North Shore and $17.4m architectural residence in Mosman.

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