Blog

May 20, 2020

Get it Before its gone

In the midst of great market uncertainty, Wills Property has leased a unit in Bondi in less than 24 hours. This was only possible through the combination of proactive marketing and diligent care of the properties managed by Wills Property.

Unit 4/132 Francis Street is located in the cosy back streets of Bondi Beach. Its prime location makes it very popular with renters seeking the laidback eastern suburbs lifestyle, however, in recent times even the most appealing properties have proven difficult to lease.

Our Francis Street unit is connected to the city via a short walk to the train station at Bondi Junction. A leisurely walk down Francis street itself will deliver you to the iconic Bondi Beach. Campbell parade offers more transport and lifestyle options. With Cafés and shops all around, Francis street is quiet but connected, offering all the benefits of the Bondi lifestyle. Residents can pop into The Nine for their morning coffee, browse books over lunch at Gertrude and Alice and walk down to the Bondi Trattoria for a sumptuous beachside dinner.

The block of units at 132 Francis Street is made up of six units, the type of apartments where you can know your neighbours while still enjoying the privacy that comes with a home of your own. The exterior is a charming dark brick style typical of the 1960s. The block boasts a large, shared back garden and council permits available to park on the street. The block’s old-style charm combined with full security features ensure that residents can enjoy the full scope of the relaxed Eastern Suburbs lifestyle.

It is no surprise that unit 4 was able to be leased so quickly as it has many excellent qualities apart from the block in which it is found. Unit four is newly renovated with modern kitchen and bathrooms. It boasts polished timber floors throughout, reflecting the classic charm of the building’s exterior. Built-in wardrobes in each of the two bedrooms ensure maximum storage space and an in-flat washing machine is the icing on the cake for the new tenants at Francis street.

While most areas of the real estate business are constantly changing and in flux at the moment, Wills Property remains strongly committed to getting you the best result for your property. Many investors are facing losses with high numbers of tenants returning to their home countries in the face of the COVID-19 crisis. Furthermore, with many people losing their jobs, landlords are also facing the uncertainty of loss of income as tenants are unable to pay rents.

For this reason, Wills Property has been carefully checking tenants and providing one on one inspections within the government regulations. This allowed us to find a tenant for 4/132 Francis Street, Bondi in record time. Now that we have leased the property, our management team will continue to work diligently, communicating with both the landlord and the tenants, keeping up with maintenance, and supporting both parties as they navigate the uncertainties of the coming months. With wins like this, we are certain that we can continue to support the needs of our clients throughout the COVID-19 crisis.