PropertyInvesting.com Homepage

Unit Reno's

Submitted by tuggerwaugh on May 17, 2008 - 4:19pm.

Joined: 15/09/2007

Can anyone give me a rough guide as to what it might cost to do a basic reno (carpet, paint, kitchen/bathroom tile & Cupboard) on a 2 bedroom 1 bathroom unit of about 9 squares? Living on an island and hard to get quotes. Any help would be much appreciated. Cheers
tuggerwaugh



Scott No Mates's picture

May 17, 2008 - 11:35pm

Joined: 04/05/2005

Where? On an island? Syd/Melb/Perth? Bourke?  It varies. Bottom of the range or Exec?


May 18, 2008 - 7:57am

Joined: 15/09/2007

sorry for the lack of info.... unit in hobart, basic reno (no more than 10k).... maybe enough to bump the rent up by 30-50 dollars...cheers


May 19, 2008 - 2:26pm

Joined: 27/06/2004

Paint $500
Floating floor $1500
Blinds $1000
Kitchen tops $1500
New appliances $1500
Lights $500
New sliding door and window $2000
Bits and bobs $500

So for $10k I did a unit reno and then had it valued at $40k more. I did it all myself, but I have found unit renos to give more return on the $$. Just remember if it is a rental keep it cheap and cheerful.


May 19, 2008 - 5:06pm

Joined: 13/05/2008

I would only use commercial type carpets and fittings. Don't use that flimsy Bunnings cheap junk. Remembers renters will never care as much about the place as you the owner will. Go to an auction to get all the general stufff. Retailers like Bunnings ('we never have sales', Harvey Norman ('Hardly Normal prices') are all rip offs!!!! You HAVE TO SHOP Around!


Previous Topic

What are the rough costs to develop a small set of units?

Next Topic

Add Kitchenette

User login

Best Seller

Interested in making large sums of money from developing property?

In The News

Today's Tip

Who's Online

Take The Test

This article reproduced from http://www.propertyinvesting.com/ with permission.
© 2001 - 2008 PropertyInvesting.com Pty Ltd, All Rights Reserved