Property Blog – Week 13

By Rod Ryan

It was good to start the day at 7:30 this morning to open up the lap top and see an email informing me that we have been approved to handle the sale of a six and a half acre horse property on Henderson Road, Munster. Just out of interest, it’s on the market at $1.3 million, has a two storey home, swimming pool, 100 year old full sized billiard table in the billiard room and its set up to train 6 horses. Yes, after the going’s on at the stock market this week you’d have to see this horse property as a very stable investment.

It certainly has been a big week in Real Estate for us here at De Freitas & Ryan and we seem to be just getting busier and busier with so much going on. I’ve just get off the phone from Miguel telling me he’s made a 1 o’clock appointment for me in Port Kennedy to put a commercial property up for auction with another agent client of his, Rod Searle.

We’ve also just picked up the leasing and management of 8 commercial units on North Lake Road, South Lake and I’m adding a new residential property to our books in Inverleith Street, South Fremantle tonight. It’s an exciting time for our new little company it really is.

Looks like it’s going to be a busy time for our auction division as I’ve just received a call from a client who wants to see me on Saturday afternoon to list his development site in Edmund Street, White Gum Valley for auction. It’s a great site and it will go like a rocket, so that’s something for our new reps to get their teeth into.

The sales have been coming in steady this week, but it has been the listings that have really been the standout. House and land packages continue to do well with another two wrapped up.

We have a really interesting scenario here in our office as Bill McLarty’s children work on privately owned super yachts that are located in the Caribbean, Mediterranean, America or where ever else the owners want them to go. There are a lot of young people who work on these boats and they all network together. As a result a number of them look to Bill to invest their earnings into Real Estate here in Perth. Bill sells them the properties, we lease and manage them and it works well for all concerned.

I promised Tony Knight (we’ve never met) who works up North in Karratha that I’d give him a mention on our blog. He reads it every week, has become really interested in property and wants me to consider him for a position in Real Estate when he “retires” from up North. It’s amazing the interest people out there have in Real estate and I’m “chuffed” that I’m able to give some sort of an insight into it.

I have got so much to talk about this week as there’s so much going on, but I’ll catch you next week after what I’m sure will be another Big Week In Real Estate.

Rod Ryan