Tuesday, December 30, 2014
We are currently pricing many knock down rebuild sites in Eltham and I believe Eltham to be a suburb to keep on the radar for the future.
Most lots are of good size and the homes are ageing with maintenance being a large burden for their owners. The clients we are currently working for have seen an opportunity with a knock down rebuild in Eltham to capitalize on the location.
Eltham is located between St Helena and Viewbank just 20kmread more
Friday, December 19, 2014
We are currently selling our Berstan Homes Astoria35 too many of our knock down rebuild clients.
Clients are finding the Astoria35 suits their needs perfectly with a four very generous bedrooms on the first floor and a grand living area between the bedrooms. The ground floor offers an office/study, theatre and living dining area with easy walk through to the alfresco living space. The kitchen is very well appointed with a walk in pantry space and bench space a plentyread more
Wednesday, December 17, 2014
Last weekend I was at a knock down rebuild site in Montmorency. This quiet little suburb nestled between Eltham and Templestowe is definitely an area to keep an eye on the future.
Montmorency is well positioned being close to the major arterials for easy city access and full of treed landscapes.
Homes in this area are prime targets for knock down rebuilds and will be great investment in the years to come being only 18km from the CBD.
Wednesday, December 17, 2014
Interest has increased in the Eltham and Doncaster area for knock down rebuilds of late I believe due to the average of home owning residents looking to retirement. Many are caught up with not as much superannuation as they would like so a knock down rebuild looks very feasible.
By building 2 townhouses on their land they can gain a sizeable nest egg to purchase a suitable smaller home. With the build cost of two good size townhouses coming inread more
Monday, December 15, 2014
We are currently working on a project in Templestowe which is a knock down rebuild and the bank in this case Westpac required the existing home to be standing before they would clear the project for approval. Another client asked if it was necessary to have the home standing for loan approval and from our experience the answer is definitely yes.
Friday, December 12, 2014
Inner Melbourne suburban streetscapes are being slowly renovated with a large uptake of knock down rebuilds. With the changing lifestyles of Melbournians many don't want to make do with an old home in a great location and many are now opting for custom designed homes with their own style inputs.
The cost of renovating these old homes is not only expensive but in most cases far out the cost of a knock down rebuilds solution. A knock down rebuild isread more
Wednesday, December 10, 2014
What to look for when buying a knock down rebuild site and costs:
The construction of two double storey homes around 25 square each
The cost of the two homes would be around $650 to $700k including subdivision, surveying, design, demolition, planning, engineering, soil testing and all fees from start to finish.
Some areas you could be looking at are Doncaster, Blackburn, Vermont, Donvale, Ringwood and Reservoir is also worth a look.
Size of land would need to be aread more
Monday, December 08, 2014
Looking for a new home with a knock down rebuild, thought should be put into the positioning of the home on the lot. There are many reasons why thought should be put into location of your new home on your lot I have listed a couple.
Orientation to benefit from the winter sun and summer shade.
Views and aspect.
If future sub-division is part of your vision then care needs to be taken to provideread more
Friday, December 05, 2014
We are currently doing several knock down new builds in the Manningham city council area. With the cost of land with an old home around $600-$700k and the new homes around $850k, it makes financial sense to knock down rebuild.
Most of our enquiry is for dual occupancy dwelling or two stand alone homes. With construction at around $800k for the two that equates to a gross profit of $200k. Some choose to build two homes, sell one and liveread more
Wednesday, December 03, 2014
Pre-sell your knock down rebuild new home to secure your construction finance. Many of our knock down rebuild clients are pre selling their developments prior to construction for ease of mind.