Apartment 706 at 6-8 Charles Street, Charlestown, within the Eastside Apartments, exemplifies the strategic advantage of short-stay investment under Garry Braams' stewardship. Acquired for $425,000 in 2017 and sold for $742,000 in 2022, the apartment was artfully prepared and styled by MaxDwell to enhance rental income potential. This approach not only provided a personal holiday retreat but also increased net rental returns through professional management. The flexibility offered meant no lease termination was required for sale, enabling a seamless transition to market readiness. The sale strategy included the option to sell the apartment fully furnished, appealing to investment buyers and potentially commanding a higher price. This case highlights the multifaceted benefits of short-stay property investment.
Benefits are as follows:

• Personal Holiday Retreat: Offers a private vacation spot without additional cost.

• Higher Net Rental Returns: Achieves greater income when managed by professional hosts.

• No Lease Termination for Sale: Eliminates waiting for vacancy to sell the property.

• Market-Ready Post-Guest: The property is ready for listing immediately after the last short stay guest departs, complete with staged images.

• Attractive to Investment Buyers: Can command a higher sale price by including all furnishings in the deal, appealing to those looking for a turnkey investment.