Join Australia's most dynamic and respected property investment community

My latest reno: Crispy

Discussion in 'Renovation & Home Improvement' started by Truly Exotic, 22nd Sep, 2015.

  1. Truly Exotic

    Truly Exotic Well-Known Member

    Joined:
    21st Aug, 2015
    Posts:
    225
    Location:
    16.4944° S, 151.7364° W
    Havent been posting much since my SS days due to various events and projects,

    However here is my latest project in the Logan Council region,

    Fire damaged, inside is totally charcoalled, roof is half gone, roof cavity is pretty crispy, all electrics gone, carport gone, both switchboards gone (not sure why 2), huge amount of rubbish left behind, previous owner/tenant removed water tank, previous house extension totally burnt out, have to remove rear verandah and swimming pool

    this reno, I will be doing very little work on it due to other comitments so the budget will be higher,

    here are some photos and budget

    https://www.dropbox.com/sc/fzxvf8j0iq2grus/AAB2f__443Zrq6Id3nVwz-uCa

    we are currently at month 2, however due to my schedule, and the tradies schedule, things are going very slowly,

    these are the major tasks to be done, or what we envisage
    - new roof
    - new roof trusses
    - new kitchen
    - new paint job
    - gyprock half the house
    - huge rubbish removal
    - rewire
    - new switchboard
    - new carport
    - reframe two rooms
    - new windws throughout
    - removal of pool and verandah
    - heating/cooling system
    - new flooring (tiles/fbs/carpet)
    - fascias/gutters
    - light fixtures/fittings
    - Huge clean up
    - minor landscaping
    - new doors
    - council to connect cable from the powerpole (cut)

    Going to one of my larger projects, a lot of unknowns, but have a realistic budget, and time frame, plus im doing very little on this one

    edit: who the hell steals a set of bi fold doors that are installed, PLUS rolls the water tank out of the backyard, through the neighbours yard by dismantling a fence (the previous tenants/owners, thats who!!!!!)
     
    Last edited: 22nd Sep, 2015
    D.T. and EN710 like this.
  2. AusMover

    AusMover Well-Known Member

    Joined:
    25th Jul, 2015
    Posts:
    50
    Location:
    Melbourne
    Gosh..... That's probably the worst-starting-state of a house under renovation I've ever seen!! :eek:

    Just wondering.... instead of renovating, wouldn't it be easier/better to knock it all down, and start fresh on a new one.... to achieve the best possible end result? ...
     
    jim1964 likes this.
  3. Fungus

    Fungus Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    102
    Location:
    Sydney
    For the price that you got it for, it's pretty much close to the land value. You've done well. Knocking it down and re-building might not be too bad an idea especially in this neighbourhood.

    I was actually looking at this property, but didn't have the balls to go for it as it would've been my first property, and I think taking this on would have been way too steep a learning curve for me.
     
  4. D.T.

    D.T. Adelaide Property Manager Business Member

    Joined:
    13th Jun, 2015
    Posts:
    5,600
    Location:
    Adelaide, SA
    Wouldn't it be easier and cheaper to just demolish and build a new place?
     
    jim1964 likes this.
  5. TMNT

    TMNT Well-Known Member

    Joined:
    23rd Jul, 2015
    Posts:
    1,397
    Location:
    Melbourne
    How do you guys knoe the address.
    Did op write it down and then edit it???
     
  6. Bayview

    Bayview Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    2,716
    Location:
    Mornington Peninsula
    Looking at the state of that place; is Crispy really secretly NB? :p
     
    jim1964 likes this.
  7. Fungus

    Fungus Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    102
    Location:
    Sydney
    Nah, just that property he bought was one that I was looking at when it first came out. Well, came across it. The photos matches up.
     
  8. Truly Exotic

    Truly Exotic Well-Known Member

    Joined:
    21st Aug, 2015
    Posts:
    225
    Location:
    16.4944° S, 151.7364° W
    Should be able to do it about 1/3 of the price , based on my experiences, provided nothing major goes wrong eg house burning down again.

    a lot of hard work and patience required though ;)
     
  9. BuyersAgent

    BuyersAgent Well-Known Member Business Member

    Joined:
    19th Jun, 2015
    Posts:
    436
    Location:
    Oz
    I'm picturing you being patient on the villa over the water as you "liaise" with tradies over the phone :D
     
  10. Tranquilo

    Tranquilo Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    342
    Location:
    Mascot
    Wow! that's full on. Can't wait to see the end result.