What are the telltale signs that a house was built as a forever home rather than cheapie investment?

Discussion in 'What to buy' started by Foxy Moron, 19th Apr, 2018.

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  1. Foxy Moron

    Foxy Moron Well-Known Member

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    Ever walked through a home for sale that you are considering as an IP, only to be gobsmacked at some of the quality inclusions ? Your tenants will certainly appreciate a bit of extra luxury, and it could keep the property in demand for years as a rental prospect.

    I’ll go first. Expensive Crimsafe security on doors and windows.
     
    Foxy Moron, 19th Apr, 2018
    #1
  2. Jamie_

    Jamie_ Well-Known Member

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    It has overheads.

    :p
     
    Jamie_, 19th Apr, 2018
    #2
    Foxy Moron likes this.
  3. freddy

    freddy Well-Known Member

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    9 foot ceilings
    All rooms master bedroom size
    Double sink ensuite
    Gourmet kitchen with a walk-in pantry
     
    freddy, 19th Apr, 2018
    #3
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  4. Gockie

    Gockie Life is good ☺️ Premium Member

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    Screenshot_2016-02-29-08-44-44.png

    Forever home, I can't get enough of it. :)
    I have the ownership history of the place since it was built... it was never an IP. The original owners built it themselves from sandstone sourced from the site. It stayed in the original owners family for 86 years.

    One interesting thing to note... 11K was spent for 3 skylights.... they open up with a remote control and they will close by themselves if it starts raining....
     
    Last edited: 19th Apr, 2018
    Gockie, 19th Apr, 2018
    #4
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  5. WattleIdo

    WattleIdo midas touch

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    Some builders may be better these days but old homes were built to last.
    High skirting boards
    inticate door frames
    nice light fittings / chandeliers
    stained glass windows
    a garden rather than a yard
    quiet street.
     
    WattleIdo, 19th Apr, 2018
    #5
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  6. Scott No Mates

    Scott No Mates Well-Known Member

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    • Solid core doors
    • Ceramic cisterns (not plastic)
    • Ceramic disc tapware
    • Insulation
    • solar (anything)
    • Faraday cage
    • rainwater tank
    • ducted vacuum
    • lapped & capped fencing
    • network cabling
    • electric gates
    • B2B alarm
    • Extensive TV cabling
    • Concrete paths/extensive paving
    • Mancave/huge shed/extensive storage
    • Video intercom
    • Solid timber flooring
    • LED lighting
    • Veridian Glass/Double Glazing
    • Ducted Air-conditioning
     
    Scott No Mates, 19th Apr, 2018
    #6
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  7. Eric Wu

    Eric Wu Well-Known Member

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    wow, nice list there.
     
    Eric Wu, 19th Apr, 2018
    #7
  8. Gockie

    Gockie Life is good ☺️ Premium Member

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    You should see @kierank's home too... it has these lights that go on when you walk down the hallway... it has a huge ass theatre room.... lots of options for lights in the rooms....
    Blinds that open or close without touching... etc.... house is bigger than most people's suburban land blocks....
    Definitely not built with an IP in mind.
     
    Gockie, 19th Apr, 2018
    #8
  9. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    Bidet :p
    Shag pile carpet in ensuite
    Gold taps to offset the full height orange tile and shag carpet

    [​IMG]
     
    Westminster, 19th Apr, 2018
    #9
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  10. Gockie

    Gockie Life is good ☺️ Premium Member

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    Oh no! its a reminder of my parents PPOR... "I like a pink bath tub better than a white one"...:rolleyes:o_O:confused:
     
    Gockie, 19th Apr, 2018
    #10
  11. kierank

    kierank Well-Known Member

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    We have upgraded from that place to this:

    [​IMG]
     
    Last edited: 19th Apr, 2018
    kierank, 19th Apr, 2018
    #11
  12. Gockie

    Gockie Life is good ☺️ Premium Member

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    Just a beauty! :)
    Ps.... that's a great property for an airbnb. People are on the lookout for unique stays....
     
    Gockie, 19th Apr, 2018
    #12
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  13. neK

    neK Well-Known Member

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    neK, 19th Apr, 2018
    #13
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  14. Scott No Mates

    Scott No Mates Well-Known Member

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    Good to see someone finds the little gems I hide. :confused:

    (I deleted the references to the moat and razor wire fencing)
     
    Scott No Mates, 20th Apr, 2018
    #14
    au contraire, hammer and neK like this.
  15. Ed Barton

    Ed Barton Well-Known Member

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    Isn't that the normal height?
     
    Ed Barton, 20th Apr, 2018
    #15
  16. chylld

    chylld Well-Known Member

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    A fancy kitchen that costs more than any amount of value it could possibly add to the property :oops:

    i.e. general over-capitalisation
     
    chylld, 20th Apr, 2018
    #16
    au contraire, Foxy Moron, Westminster and 2 others like this.
  17. Scott No Mates

    Scott No Mates Well-Known Member

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    Only from 1940's - 1960's. It then dropped to 8' when Ordinance 70 came into force in NSW.
     
    Scott No Mates, 20th Apr, 2018
    #17
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  18. Marg4000

    Marg4000 Well-Known Member

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    It’s all down to the design. Built to best orientation for summer and winter sun, big rooms and good layout. And on a bigger block of land.

    Not simply cramming in as many poky rooms as possible on a tiny block of land to maximise advertising benefits.
    Marg
     
    Marg4000, 20th Apr, 2018
    #18
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  19. EN710

    EN710 Well-Known Member

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    I was wondering who has faraday cage in their PPOR. Piccy please
     
    EN710, 20th Apr, 2018
    #19
  20. kierank

    kierank Well-Known Member

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    Underground wine cellar is a bit of a clue :eek:
     
    kierank, 20th Apr, 2018
    #20
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