Thanks everyone.
I've done this sort of reno multiple times now. Only problem is this reno is interstate and from past experience, always get ripped about 30% more than renos I do locally, specifically if I start messing with plumbing, walls, bathrooms and kitchens. I can 'control' painters and floor sanders, even handymen...but the moment the gig involves carpenters/plumbers/tilers/electricians, when not managed locally, is when the costs spiral. We're only talking about a $40pw difference in rent between a fullish reno (circa $25K) vs a cursory cosmetic reno (circa $11K). My gut is telling me go cheap - I've more than often regretted 'doing it right' after the fact.
OK have thought about it a bit. Despite the (very) sensible advice given by everyone re: the kitchen, I'm leaning towards spraying the cabinets and tiles, getting the handyman to put up a couple of sets of overhead cabinetry and a pantry, and trying to get a freestanding island with/without cabinets on the cheap via gumtree/ebay. That should add bulk to the kitchen. Once I paint the house and polish the boards and remove the lino, it will look better. The crap looking kitchen will look almost presentable.
It'll probably look something like this once I finish. Still a crap, under equipped kitchen but somehow passable.