The seller hadn't been looking to offload her investment property. But she'd found another place and committed to buying it. Now she needed to sell - and she needed to sell properly, not just quickly.
There was one complication. Her tenant had been living there for close to three years. And unlike a lot of investment stories you hear, this wasn't a difficult tenancy. It had been a good one. The seller had a relationship with this person. She genuinely cared about what happened to them.
The challenge was straightforward on paper and genuinely complicated in practice.
A tenanted property with a long lease and a rent that hadn't kept pace with market increases is a harder sell. It immediately narrows your buyer pool - people who want to move in can't, so you're limited to investors. And investors doing the numbers on below-market rent with a lease still running? That's not an attractive proposition.
So we needed a different approach.

What we actually did
The starting point was a conversation with the tenant.
He knew the property was going on the market. He knew his lease wasn't going to be renewed. What he didn't know was what happened next for him - and that uncertainty was the thing we needed to address first.

Kingsley sat down and worked out a written agreement. Aura would help him find a new rental. We'd give him genuine time - not a countdown, not pressure. He didn't have to rent with us. He could go wherever suited him. He could leave when he was ready.
All of that went into writing. Signed by both sides.
For the tenant, it meant security. He wasn't facing sudden homelessness at the end of a tenancy. He had support, time, and a team actively working to find him somewhere suitable.
For the seller, it changed everything. She could go to open market - not just investors - because the tenancy situation was managed and on a clear path to resolution. The property could settle properly once the tenant had moved on.
We found him a new place. He moved. The buyer moved in.

Why the seller's concern mattered
This is probably the part of the story worth sitting with for a moment.
A lot of investors get a bad rap. The assumption is they're purely transactional - that tenants are just a line item. But in our experience, that's rarely accurate. Most investors we deal with have a real relationship with the people living in their properties. Especially when it's been years.
This seller wasn't going to be happy with a solution that simply pushed her tenant out and moved on. She needed to know he was going to be okay.
Once she had that - once she could see the agreement in writing and understood what we were doing to help him - the whole sale became easier. Clearer. Less weighted.
And that, in the end, is what made the deal work.

What this means if you're in a similar position
Since the federal budget and the recent interest rate movement, we've been having this conversation with investors a lot more frequently. The question is almost always the same: can I sell with a tenant in place? Will it affect my result?
The honest answer is - yes, it's more complex. But no, it doesn't have to mean a worse outcome. It just means you need a strategy that accounts for the people involved, not just the property.
If you're an investor thinking about selling - and particularly if you've got a long-term tenant in place - this is exactly the kind of thing worth talking through before you make any decisions.

Kingsley works across the Sunshine Coast with a particular focus on investor clients.
If you're thinking about selling a tenanted property - or just want to understand your options -
he's worth talking to early. No pressure, just a practical conversation.
Kingsley Ellmer - sales@aurapropertysc.com.au | 0477 990 192