Major residential real estate group McGrath Estate Agents currently announced it will open a new workplace in Palm Beach, further extending the reach of its prestige brand in Sydneys Northern Beaches.
John McGrath, Chief Executive of McGrath, mentioned the new workplace would provide the residents of Palm Beach and Whale Beach with a focused and excellent-driven method to real estate."Palm Beach, with its wonderful organic advantages, has lengthy been recognised as a single of Sydneys most desirable life style suburbs, mentioned Mr McGrath. "While we have been dealing in this market for a lot of years through our Avalon and Mona Vale regional offices, it actually is time we established a visible presence here.
"Our name and brand is currently well recognised not only amongst permanent residents but also a lot of of our customers from surrounding regions, especially the eastern suburbs, who have weekenders at Palm Beach."
The new workplace, with franchisee Shane Smollen at the helm, is strategically situated amongst Barrenjoey Restaurant and The Ferry Residence, and will open on the 9th December.
Mr. Smollen mentioned, "There is no other real estate market in Sydney that really compares with Palm Beach and Whale Beach. The area is composed of only 1000 properties but their worth is really extraordinary. For that cause alone, vendor expectations of their real estate agent are particularly high. As RP Data reports, in the year to date 59 properties have sold at an average price tag of $2.75 million.
The sales team will be led by Noel Nicholson, who has been selling real estate on the peninsula for five years. Mr Nicholson has accomplished record prices for a number of properties in the Palm Beach area, notably $5 million for 203 Whale Beach Rd, $6 million for 153 Pacific Road, and $four.35 million for 109 Bynya Rd.
Mr. Nicholson mentioned, "Some of the most prosperous and celebrated identities in Australia count Palm Beach as their permanent or weekend residence and they demand a high level of professionalism, ethics and above all, results.
Palm Beach resident Desiree Lenart will take on the function of Client Service Manager and the handpicked sales team will function closely with other northern beaches offices from Mona Vale and Avalon.
Mr McGrath mentioned the demands of the Palm Beach property market created McGrath a fantastic fit for the area.
"We expect our method to real estate marketing and advertising, professionalism and individual service will resonate with residents of Palm Beach and Whale Beach, mentioned Mr McGrath. "We are renowned for the excellent of our marketing and advertising, substantial use of technologies and interest to detail.
"Our sales results speak for themselves extra than $5. billion in real estate transacted in the final economic year, significantly of it from repeat company.
With about 70 per cent of the 1000 properties in Palm Beach and Whale Beach getting vacation properties, the permanent population is comparatively little. Getting element of the community fabric is important and McGrath Palm Beach/Whale Beach will sponsor the local Palm Beach Kindergarten. In addition, they have also pledged ongoing economic assistance to NBI (Northern Beaches Interchange), a group that offers respite and recreational assistance to local families that have youngsters with a disability.
The rental market, which is at its peak all through summer, constantly creates outstanding sport for celebrity spotting.
"About 20 per cent of the properties in the area are provided for rental in the Christmas and New Year period, mentioned Mr Nicholson. "A beachfront home can rent out for upwards of $45,000 a week.
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