Kymbal Dunne
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Trusted Property Advisor Sydney, Australia
Being Coached
Kim Dunlop and Kymbal Dunne share their insights into a topic which they have extensive experience in, Kim as a professional business coach and Kymbal as an amateur sporting coach and corporate mentor.
How are Family Offices responding to the pandemic?
We expect 79% of private wealth will increase their weighting in property. Why? Because yields are about 8%, historically comprising a stable income and a visible yield. Also attractive are the long-term yield, capital gains, ability to manage the property, allows for diversification and an opportunity to be an entrepreneur.
Lockdown Impact on the Office Vacancy Factor
One of the most asked questions I am getting is: What will the impact on the vacancy factor be, as a result of the national ‘shutdown’ and beyond?
Clock Tower, GPO - KnowWhere
It’s interesting what we don’t see about the landmarks we might pass everyday. Some times you just need to KNOW WHERE to look.
Living by the Park
How valuable has the local park become as a result and not just because of the views? Access or park adjacency as we call it in the Living by the Park Knight Frank report, examines the premiums paid in five of the global cities.
The Importance of Home
Quality investments power on even in the worst conditions, like global pandemics. The home, a source of great wealth but more recently maligned for its unaffordability has just rebounded to the top of the asset pile, again.
Harry's - KnowWhere
Harry’s Café de Wheels is a “quintessential Sydney icon” according to National Trust of Australia (NSW), who classified it for its contribution to cultural experiences in Australia. Harry’s started in 1938 as a pie cart, before becoming a caravan. It sold pies n’ peas and crumbed sausages outside the entrance to the Woolloomooloo naval dockyards.
Update on me
Since leaving Knight Frank Australia, at the end of 2021, last year was both testing and exciting. I’m no stranger to building businesses from scratch but there’s always that belief (sometimes blind faith) you need to initiate your plan. I needed it again but this time the belief was already there from creating Client Solutions with CEO, Stephen Ellis’ support at Knight Frank and then building the Australian version of the international label, Private Office with Sarah Harding under CEO, Rod Leaver.
Home Ownership – Dream or Burden?
Home ownership has gone from the concept of building wealth slowly to a “get rich quick” scheme, simply because the stakes are now very high. What’s worse is that we have bestowed this, apparently foolproof “forced savings” concept on younger generations and encouraged them to continue the tradition. Whilst everyone in the game is now a lot richer there are more questions about how long this will last.
Central Park or Sydney Harbour
If you want to pick one city to understand property then, for me it has to be New York with London next in line. Both are the leading international cities which attract the big business, state of the art property development and the highest paid jobs. Knight Frank rates these cities as 1 and 2 most important global cities in its annual Wealth Report
Sydney Apartments Finally Appeal to The Ultras
When I talk with knowledge & pride about what our Knight Frank Prestige Residential team are achieving many of my Ultra High Net Wealth individual (UHNWI) clients are flabbergasted. No one thinks that sales over these prices are real. Sure Sydney harbour-fronted, Fairwater sold for $100m but how can a unit be worth anything like that?
New Forces in Office Space
Office premises have never been more serious than they are now as the place for attracting worker talent. In fact, with low growth in salaries and wages globally, this variable is in hyper mode. This is resulting in the transfer of power from traditional landlords to occupants regardless of the historic indicators, like low vacancy and increasing rents which always favour the landlord.
What Do Sydney-siders Really Want?
When it comes to answering the aged old question, “want do you really want?” anyone over the age of nine does not expect to find the answer in a vending machine. But, thanks to Mark Starmach and Elizabeth Commandeur, you can now buy intangible things like Connection, Imagination, Spontaneity, Bravery and Structure for just $2, from a good old chip dispenser in Sydney’s busiest city locations.
St James Station
Preservation of past buildings is wonderful when the building is attractively designed and the structure is sound. St James Station is a good example. The conveniently located St James Station on Hyde Park in Sydney’s Midtown is heritage listed. It was built in 1926 and is an example of Inter War Stripped Classical architecture.
Sydney Turns On The Lights To Beat The Winter Chill
Encouraging 2.3 million people to step outdoors in Winter is no mean feat. Few do it better than Sydney’s Vivid light festival. For 23 days in June, when daylight hours are shorter and nights colder, Sydney-siders and tourists are encouraged to view popular parts of the harbour and iconic public buildings to witness an audio visual spectacle.
Property Advisory
Broken Arrow
Kymbal always took the time necessary to fully understand the needs of an international company. Despite the time difference between our countries, he always found the time to connect live by telephone and made great efforts to keep me updated and apprised of the status and situations needing our feedback or intervention. He works diligently to make the deal that not only meets our corporate needs but is also a well negotiated economic transaction. For me, working with Kymbal goes well beyond just having “trust” and confidence in your agent. I am very pleased to have Kymbal as my agent and also very proud to call him a friend. I consider Kymbal as one of the top five (5) real estate representatives in the World that I have had the pleasure to work with and would be very pleased to elaborate on his strengths and character.
Matt Rickett
Director – Viacom Realty Corporation
Commitment and perseverance summarise the effort of Kymbal Dunne, Andrew Palmer and John Swanson of Knight Frank to market our commercial property and sell it. They formulated a clear marketing strategy and followed through on all purchasing interest. The market wasn’t as deep at the point we wanted to sell but they did not give up and tried different approaches so that we could achieve our goal. We were pleased with their energy and advice and the successful result.
Coral and Richard Champion de Crespigny
“The Commercial Salesperson award is a great testament to Kymbal’s dedication and experience as one of Sydney’s leading agents. This recognition, being judged as a finalist in six categories, signifies the growing strength and determination of the overall Knight Frank business in NSW.”
Richard Horne, Knight Frank Managing Director NSW
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