Join Australia's most dynamic and respected property investment community

Caboolture duplex builder

Discussion in 'Development' started by Onion Knight, 29th Aug, 2016.

  1. Onion Knight

    Onion Knight Member

    Joined:
    17th Mar, 2016
    Posts:
    7
    Location:
    Qld
    I'm looking for recommendations for a builder to build a two storey duplex on 600sm duplex block near Caboolture. Would appreciate any suggestions. Development will be for investment.
     
  2. Onion Knight

    Onion Knight Member

    Joined:
    17th Mar, 2016
    Posts:
    7
    Location:
    Qld
    I meant to say it is a corner block.
     
  3. Agent30yrs.

    Agent30yrs. Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    156
    Location:
    Brisbane
    HI Onion

    I might have someone for you , I am just waiting to confirm it's ok to pass on is details
     
  4. RetireRich101

    RetireRich101 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,312
    Location:
    Sydney
    Instead of attached duplex Is there an option for a 'detached' duplex if it's permissible with the council. Since you're going up a floor then GFA is not a concern? Maybe each facing different street, and see if council permits you getting an address where the house is fronting....
     
  5. ej89

    ej89 Well-Known Member

    Joined:
    21st Jun, 2015
    Posts:
    688
    Location:
    Sydney.
    Can you post your block here? I know a couple people building duplexes in Morayfield so not far from where you are..
     
  6. Onion Knight

    Onion Knight Member

    Joined:
    17th Mar, 2016
    Posts:
    7
    Location:
    Qld
    Ej89

    Sorry, I'd prefer not to reveal at this stage.

    RetireRich101

    Yes I have concept drawings with units facing different ways, driveways on separate streets etc. Haven't really looked at the detached option.

    30yrAgent

    I obtained a construction estimate yesterday of $500,000 which was more than I was hoping and too much of a risk of overcapitalizing for Caboolture area. Wouln't mind getting a few more quotes.
     
  7. gach2

    gach2 Well-Known Member

    Joined:
    30th Jun, 2015
    Posts:
    213
    Location:
    sydney
    Seems to be the problem developing in those areas

    is it possible to retain the exist dwelling and build a detached dual occ?

    how many m2 is the proposed dwelling?
     
  8. RetireRich101

    RetireRich101 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,312
    Location:
    Sydney
    $500k for a duplex construction is too expensive and over cap for the area...IMO
     
    Leo2413 and ej89 like this.
  9. ej89

    ej89 Well-Known Member

    Joined:
    21st Jun, 2015
    Posts:
    688
    Location:
    Sydney.
    Way too expensive. Better off getting two blocks of land and build each individually. In saying that there's duplexes low to mid 300s
     
  10. Azazel

    Azazel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,113
    Location:
    Brisbane
    Good that you're aware of overcapitalising. Good to do your research and make the product meet the demand.
    I haven't looked at Caboolture for a while, what's the market doing lately?
     
  11. Leo2413

    Leo2413 Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    5,781
    Location:
    Sydney
    Determine what internal size you need and level of spec for the area and then do a brief for the builders you ask quotes from. It should increase the accuracy of your quotes and after you get 3-5 you will know whether its feasible or not. Also don't forget to take into account site works if the block is sloping or presents any obvious challenges that will increase the costs eg retaining walls, problem soil. It may also be worth doing a soil test at some point.
     
    Last edited: 19th Sep, 2016
  12. Onion Knight

    Onion Knight Member

    Joined:
    17th Mar, 2016
    Posts:
    7
    Location:
    Qld
    Thanks everyone, have decided to turn my attention to another area.