Should You Sell a Block to One Buyer or Multiple? Lessons From 15-Unit Deals
Deciding whether to sell as a whole or break up your block of units for multiple buyers can mean a six-figure difference. Simon Abbott, the Victoria-wide blocks and complex asset specialist, explains the strategies, trade-offs, and success stories you won’t hear from typical local agents.
Whole block vs individual sale: what’s at stake?
- Single buyer (whole block): Usually an investor, developer, or SMSF syndicate. Simpler handover, single contract, but often priced on yield.
- Multiple buyers (break-up): Potential for higher overall return if units attract individual investors (or owner-occupiers), but more complex and requires strong deal management.
- Title constraints: Only practical if block is strata-titled (or can be, with timeline and cost considered).
When break-up works
- There’s strong investor or downsizer demand for individual units
- Title arrangements allow—or can be implemented quickly
- The agent can coordinate multiple parallel sales (Simon’s Carlton case: 15 buyers in 11 days)
When a whole-block sale is best
- Complex title, urgent timeframe, or all-or-nothing buyer pool
- Rental performance best suits investor buyers
- Vendor wants single contract and simplified settlement
- Asset has development potential best realised by one buyer
Real scenario: Carlton 15-unit block
Simon took a block that failed to sell for two years and matched 15 separate buyers—each securing an individual apartment, most with tenants remaining. The break-up delivered a higher net return than a single bulk sale.
Ask an expert
There’s no one-size-fits-all answer. Simon Abbott assesses each block’s title, buyer interest and potential for efficient multi-sale outcomes, with focus on net result and vendor priorities.
Consult Simon Abbott for a Victoria-wide strategy—block appraisal or buyer-matching assessment.
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