Join Australia's most dynamic and respected property investment community

My latest mini renovation under $3k

Discussion in 'Renovation & Home Improvement' started by Tony Fleming, 6th Jan, 2016.

  1. Tony Fleming

    Tony Fleming Well-Known Member Business Member

    Joined:
    18th Jun, 2015
    Posts:
    529
    Location:
    Sydney
    Thought I would share my mini renovation. Wasn't able to get a kitchen in time before the silly season started so decided I would do my best to "restore" it. As its in a high vacancy regional town I decided to put a shower screen/new oven to make it more appealing to lower vacancy periods. They took the biggest chunk out the funds unfortunately. .

    Shower screen $450
    Oven $600
    Floating floorboards/including installation/tiling $1600
    Kitchen cupboard door knobs $65

    Materials I already had left over from other Renos that I reused
    Laminate paint/Primer $165
    Tiles $200 approximately
    Grout $20

    Minimum rent increase was $10 could have pushed for $20 but coming out of Christmas without a tenant I don't want to risk a longer vacancy period.
     

    Attached Files:

  2. Tony Fleming

    Tony Fleming Well-Known Member Business Member

    Joined:
    18th Jun, 2015
    Posts:
    529
    Location:
    Sydney
    Sorry here are some more pre reno shots
     

    Attached Files:

  3. WattleIdo

    WattleIdo renovating Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    1,809
    Location:
    Central West NSW
    Looks better!
     
    Tony Fleming likes this.
  4. neK

    neK Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,253
    Location:
    Sydney
    Why do people install an AC in the kitchen?
     
    Tony Fleming likes this.
  5. Tony Fleming

    Tony Fleming Well-Known Member Business Member

    Joined:
    18th Jun, 2015
    Posts:
    529
    Location:
    Sydney
    haha I have no idea there is plenty of space elsewhere on the wall as well
     
  6. Fitzy1903

    Fitzy1903 Well-Known Member

    Joined:
    27th Jun, 2015
    Posts:
    82
    Location:
    Perth
    Did you get laminate flooring? Can I also ask how many sqm?
    I spent last weekend with two mates doing 50sqm of laminate flooring on my Ppor..not overly difficult but time consuming especially with the angles! And still haven't done the skirting.
    $1,600 seems like a good price for flooring/skirting with the install. We paid $700 for the materials..maybe I should have just got ours installed too! Haha
     
    Tony Fleming likes this.
  7. D.T.

    D.T. Adelaide Property Manager Business Member

    Joined:
    13th Jun, 2015
    Posts:
    5,566
    Location:
    Adelaide, SA
    I like cheap renos :)
     
    Tony Fleming likes this.
  8. Xenia

    Xenia Adelaide Property Manager Business Member

    Joined:
    21st Jun, 2015
    Posts:
    2,342
    Location:
    4/136 The Parade Norwood, South Australia
    Because it gets hot when you're cooking.
     
    Tony Fleming likes this.
  9. LifesGood

    LifesGood Home Building & Development Consultant Business Member

    Joined:
    26th Jun, 2015
    Posts:
    639
    Location:
    Perth WA
    and some people just cant handle the heat in the Kitchen!
     
  10. neK

    neK Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,253
    Location:
    Sydney
    And wouldn't the Ac filter be filled with grease as a result? And we all know most tenants don't clean Ac filters (heck the same can be said about owner occupiers)
     
    freyja and Tony Fleming like this.
  11. Tony Fleming

    Tony Fleming Well-Known Member Business Member

    Joined:
    18th Jun, 2015
    Posts:
    529
    Location:
    Sydney
    I think it was about 30sqm from memory. They finished of the tiling and grouting as well because my tile cutter broke. I was happy with the price I got to go home and veg out on here instead :)
     
    Fitzy1903 likes this.
  12. Moist

    Moist Well-Known Member

    Joined:
    24th Jun, 2015
    Posts:
    93
    Location:
    Melbourne
    Did you make any significant equity on a reval?
     
    Tony Fleming likes this.
  13. Tony Fleming

    Tony Fleming Well-Known Member Business Member

    Joined:
    18th Jun, 2015
    Posts:
    529
    Location:
    Sydney
    Haven't had it revalued but its hard to say without comparable sales, no renovated units have sold recently in the complex or the general area. I'd say it probably added about 10 to 13k. If the kitchen was able to get replaced instead of "improved" I think it would have been over 20k equity gain after the renovations costs.
     
    Paterson00 likes this.
  14. Moist

    Moist Well-Known Member

    Joined:
    24th Jun, 2015
    Posts:
    93
    Location:
    Melbourne
    Good stuff. where did you buy?
     
    Tony Fleming likes this.
  15. Tony Fleming

    Tony Fleming Well-Known Member Business Member

    Joined:
    18th Jun, 2015
    Posts:
    529
    Location:
    Sydney
    I've had this one for almost two years now it just became vacant so thought a spruce up was in order :)