News Archive
News Archive
Our latest renovation adds value for our clients
A picture says a thousand words and you can see the added value a complete renovation can make.
Suddenly everyone wants to rent the fresh new home and they are not afraid of paying a little bit extra for a clean, relaxing space.
Find below just some of the work done to this inner city Dunedin home.
The kitchen that can now boast lovely contemporary style with clean lines and the addition of extra bench space to work culinary magic.
The bathroom has come up great and the modern look is easier to keep clean.
Smart Investment equal positive returns
Buildsmart managed the construction of two new 2 bedrooms in place of two old one bedrooms in Royal Cresent in St Kilda.
The project was completed in 2008 on time and on budget and is renting now for a healthy $300 per week each giving some good positive cash flow to its owner.
Contact the team at BuildSmart today to see how we can help you maximize your current or proposed future investment projects.
Our Latest Investment Renovation
When trying to maximize your investments bathrooms and kitchens are a great place to start as generally they both translate to extra rent, extra rent translates to extra value!!
If properties are selling for 9% return in your investments area and you increase the rent with a renovation by lets say $40 per week, then at this 9% return your property has increased in value by $23,111.
Your renovation may have only cost you $10,000 meaning you have made a profit of $13,111.
Before and After
Before and After