Underwood Project: Converting property from 3br 1 ba, to 5br 3ba. Dual living potential. Estimated Rental: $460+
Expected Completion date: 17th August 2020.
This property was begging for some TLC to bring its potential to the surface. With 3br, and 1 bathroom. A 5 year old Pool, large outdoor double car garage at the rear, side access. Large 736m2 block. We opted to keep the kitchen due to it only being a few years old and still in great condition. We had plenty of room to add a new Master Bedrrom, plus and Ensuite and seperate Laundry. Applying hard surface driveway instead of the dirt/mud originally at the driveway. Whilst also erecting outdoor entertaining and finishing the un-finished pool works, by paving and completing around the pool.
All, in all a n enjoyable and rewarding project. With the previous owners ecstatic about the outcome and our ability to offer them higher than market value on our purchase in addition to their sentimental reqard for seeing their properties potential realised.
Rental Appraisal $440-450 p/w
Project duration for acquisition to sold: 8 weeks, 4 days.
We found a diamond in the rough here. With the previous owners occupying the property from 1978. This virtually un-touched property had potential through the roof. A 3 Bedroom, 1 bathroom property, ran down and lacking any maintenance for years. The property was heavily sloped which we typically avoid, however at $225k it was hard to say no. We gutted the property, opened up the living and kitchen areas previously all walled in. And built in Duel living beneath with shared laundry.
Converting this property from 3br, 1 bath, into a 5Br, 3 Bathroom property. Including private ensuite. With the sloped driveway we reinforced this with a retaining wall, building the driveway up and making it safer for occupants, and more importantly diverting water which had been flowing down the driveway from the street, now around the entire side of the house. Maintaining the foundations longevity and integrity.
Rental Appraisal $430-440 p/w
Property Duration: 16 weeks from access to Sold
This property was an eye opener. With the original property modified to a single bedroom property, absolutely run to the ground, with hoarders occupying the residence. We gutted all of the old, mould filled and damaged surfaces. Framed everything in and hit the ground running. We modified this house and updated its finishes from a single bedroom, 2 bathroom house, into a 5 bedroom, 3 bathroom property.
Taking advantage of the 900+m2 block, flat land with wonderful outlook to the rear of the property, overlooking council parkland. Future opportunity to expand or develop the property further. Finishing the property with new floor surfaces throughout including polished timber flooring upstairs and tiled flooring downstairs. On top of adding the ensuite upstairs we upgraded the bathrooms, and separated the laundry, lockable from both directions for opportunity of duel living now available. updated kitchen upstairs and new kitchen downstairs.
We also brought more natural light in downstairs with the addition of three more windows. opening up and brightening up the downstairs massively.
Rental Appraisal: $530-540 pw
Project Duration: 15 weeks from acquisition to sold
We acquired this project as our first since moving up to QLD. With no team and limited contacts this was going to be our tester for this pocket of QLD we researched extensively.
This property was a mess when we walked in, with a rabbit warren downstairs with a single room, laundry, make-shift bathroom and kitchenette, not to mention the excuse for a staircase internally. And upstairs what an only be described as an afterthought of a kitchen and 20-30 year old bathroom with three bedrooms. All with a street frontage that hid the house from its true street beauty.
This property needed some love and it fitted our ideal project perfectly.
We dived straight in, we modified this project to have 5 bedrooms, all upstairs with a bathroom with walk in open shower and ensuite upstairs. Whilst removing the front and rear stairwells and re-building the internal stairwell to be a wrap around to meet building code. re-surfacing the floors, painting and new finishes throughout. Downstairs we included featuresque study/office, custom concrete bench-tops, new cabinetry, downlights throughout, open floor plan with laundry and bathroom also included downstairs. And the property frontage cut back and opened up for a beautiful view of the property and it new 1 meter wide door to greet its new owners.
Rental Appraisal: $500-510
Project Duration: 14 Weeks from Acquisition, till sold.
Before & after Images: https://www.realestate.com.au/property/14-crinum-st-crestmead-qld-4132
This project is much closer to Werribee CBD than the previous project at Mississippi place. Within 1 km from the train station and main street of Werribee. With original finishes this property had tremendous uplift potential. We modified this property from a 3br 1 bath in o a 4 bedroom 2 bath. Including a master with ensuite.
Project Duration: 12 Weeks from acquisition until sold.
Before & After Images: https://www.realestate.com.au/property/3-high-st-werribee-vic-3030
Our first flipper, we went in with 120 days settlement. planned and executed the renovation, converting the property from a 3br 1 bath in to a 3br 2 bath fully renovated home. This home is within 1 km of the major western suburbs shopping precinct in Werribee, in which the local council was in the process of investing $550Million dollars upgrading. The timing was perfect for this project.
Project Duration: 7 Weeks from acquisition until sold
Before & after Photos: https://www.realestate.com.au/property/8-mississippi-pl-werribee-vic-3030
With only 1 hour from Melbourne CBD, Geelong West is fast becoming a hotspot.
Our 4 unit development consist’s of high end units all with a modern colour schemes & finishes.
Each unit presents a spacious floor plan with two generous bedrooms, both with built in robes, a central bathroom and main bedroom with ensuite.
The open plan living /dining / kitchen, truly is the heart of the home filled with natural light. The kitchens were fully equip with stone bench tops and stainless steel appliances.
The outdoor entertaining space and single car space really completed this ultimate package.