Join Australia's most dynamic and respected property investment community

renovation ideas..

Discussion in 'Renovation & Home Improvement' started by samiam, 29th Sep, 2015.

  1. samiam

    samiam Well-Known Member

    Joined:
    5th Sep, 2015
    Posts:
    527
    Location:
    on my way
    I just come across this adv today. I am not planning to buy this one because it is likely out of my price range, I am a time poor person and sadly not a tradie but wondering how people might renovate this one and how it would turn out…I am imagining a beautiful house restored back to former glory..I guess I am now hooked to "before and after" renovation photos from here!

    http://www.domain.com.au/for-sale/30-swan-street-hamilton-nsw-2303-2012296524?sp=3
     
    Last edited: 29th Sep, 2015
  2. wylie

    wylie Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    2,951
    Location:
    Brisbane
    That is amazing. I'd love to have a go at that one.
     
    Esh likes this.
  3. Jess Peletier

    Jess Peletier Mortgage Broker - Australia Wide Business Member

    Joined:
    18th Jun, 2015
    Posts:
    2,781
    Location:
    Perth WA
    Beautiful - that would come up stunning with the right person at the helm.
     
    Esh likes this.
  4. Esh

    Esh Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    192
    Location:
    Sydney NSW
    Yeah that would be amazing, seems that this house has been through a lot!
     
  5. wylie

    wylie Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    2,951
    Location:
    Brisbane
    I don't know about others but I get a little tingle up my spine looking at photos like that.
     
    Esh likes this.
  6. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,507
    Location:
    Sydney
    @samiam you might get a bargain this Saturday. Get your cheque book ready. I reckon $200K to fix this up? As long as it's good bones. My little reno in Carrington will start next week.
     
  7. JacM

    JacM VIC Buyer's Agent Business Member

    Joined:
    12th Jul, 2015
    Posts:
    1,116
    Location:
    Melbourne, Australia
    It looks super fun. Whoever buys it will get to see an amazing transformation, as long as those pockets are deep !
     
  8. MIZBUF

    MIZBUF Member

    Joined:
    4th Jul, 2015
    Posts:
    14
    Location:
    North Sydney
    It's the thrill of the chase,Whylie. The smell of paint when I open a new can gives me a terrific "lift" - anticipating the result & the thrill of achieving a new project- ah does not take much to make me happy!
     
    WattleIdo likes this.
  9. AndrewTDP

    AndrewTDP Urban Planning Consultant Business Member

    Joined:
    1st Jul, 2015
    Posts:
    765
    Location:
    Newcastle
    The stack of coffins in one photo is interesting.

    Bit too full on for my tastes, but it could come up a treat.

    Unfortunately I look at it and go, hmmm, Medium density zone, 0.9:1 FSR, but only 320 odd sqm. Might get a couple on there...
     
  10. Azazel

    Azazel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,113
    Location:
    Brisbane
    Jesus, well spotted.
    Looks like a child size one on top.
    Creepy.
     
    Esh likes this.
  11. inertia

    inertia Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    289
    Location:
    Newcastle, NSW
    Yeah, I hadn't noticed that. Sent a little chill down my spine.

    Would I be right in saying this would be more of an owner occupier project than for an investor? The land there will drive up the price, and the amount you would have to spend on a reno would take the expense fairly high. If you are making your dream home and not strictly basing it on financial return, maybe, but otherwise too much work?

    Might have to go and watch the auction anyway. When we were first looking to buy, we went to an auction in Hamilton South on a place in original condition. I loved it, and was prepared to spend some serious coin on renovating, but we missed out. Only went for $100k over my limit o_O

    Inertia.
     
  12. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,507
    Location:
    Sydney
    Who's going to remove the coffins? Or are they props.
     
  13. Leo2413

    Leo2413 Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    5,826
    Location:
    Sydney
    I thought you were joking.. so I had a second look......:eek:
     
  14. samiam

    samiam Well-Known Member

    Joined:
    5th Sep, 2015
    Posts:
    527
    Location:
    on my way
    well spotted!!
    I am so interested to see how much it would sell and what it turned out to be.
    @larrylarry - loan hasn't approved yet ( little hiccup as partner is working only casual although we have reasonable equity :(), but hopefully sorted out soon. all the best for your reno.
     
  15. wylie

    wylie Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    2,951
    Location:
    Brisbane
    I didn't notice them either :eek:.
     
    Leo2413 likes this.
  16. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,507
    Location:
    Sydney
    @AndrewTDP I might have a look at this property on Friday. What did you mean by "might get a couple on there"?
     
  17. samiam

    samiam Well-Known Member

    Joined:
    5th Sep, 2015
    Posts:
    527
    Location:
    on my way
    duplex?
     
  18. Mumbai

    Mumbai Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    763
    Location:
    Sydney
    Owner was a coffin/casket maker probably?
     
  19. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,507
    Location:
    Sydney
    could be props.
     
  20. AndrewTDP

    AndrewTDP Urban Planning Consultant Business Member

    Joined:
    1st Jul, 2015
    Posts:
    765
    Location:
    Newcastle
    Townhouses.

    From a heritage point of view sad outcome, but I think there is going to be severe structural issues that will necessitate a near rebuild in any case. Could well be wrong on that.