Almost there...
Getting closer to finishing - Kwik kerb around gardens was laid yesterday, hubby is building back boundary fence today, just need turf to be delivered so it can be laid, hoping for turf to be cut & delivered this week.
Security screens nearly all installed - garage wrong size as we had changed window size & notified manufacturer but somehow it didn't get changed on their end.
Hubby has ordered Sir Walter Buffulo turf @ $7.50 per metre compared to couch at $4.40 per metre. We have never had Buffulo so wanted to try.
Costs so far...
Holding costs $33,272 (this includes about 5K of costs which belongs to IP2 as I used money from LOC to finance 20% deposit).
Building $324,36 (does not include Painter, electrician, lights, turf, fence or gates)
Land & fees $145,237
Total
Land & Building 469,573 so far without interest & above bills to come
So far all up costs = $502,845 REA appraisal was $720,000 or $360K per unit.
Hard to value hubby's labour content as some days he has trouble getting his work done due to friends & neighbours dropping into chat and my hubby loves a chat.
Duplex is over budget a little because hubby added in extra's he wanted eg. built in shelves in all bedrooms, paths all around building, extra brick wall in garden, fence, extended back patio area, storage shelf under units, solar powered fans to vent void areas, buffulo grass.
Today is sunny so hopefully project finished this week as tenants move in on 29th. Funnily enough we had 6 lots of applicants for the units so PM had plenty to choose from.
On another note we live across the road from a 2x2 bedroom duplex which had an open on Saturday for prospective new tenants to look at one unit. Ten cars were waiting for PM when I left.
The market demand locally is now 2 bedroom duplex units to rent and 2 -3 duplex bedroom units to buy. There is a Supplier Spectacular on tomorrow and Rockstar and I are booked into to attend, I went to one early in the year and a rep gave me a big discount on some products so was worth attending.
Driveway is peeling - this was due to a few factors we may have to grind back later on.
Cheers
Sheryn
Getting closer to finishing - Kwik kerb around gardens was laid yesterday, hubby is building back boundary fence today, just need turf to be delivered so it can be laid, hoping for turf to be cut & delivered this week.
Security screens nearly all installed - garage wrong size as we had changed window size & notified manufacturer but somehow it didn't get changed on their end.
Hubby has ordered Sir Walter Buffulo turf @ $7.50 per metre compared to couch at $4.40 per metre. We have never had Buffulo so wanted to try.
Costs so far...
Holding costs $33,272 (this includes about 5K of costs which belongs to IP2 as I used money from LOC to finance 20% deposit).
Building $324,36 (does not include Painter, electrician, lights, turf, fence or gates)
Land & fees $145,237
Total
Land & Building 469,573 so far without interest & above bills to come
So far all up costs = $502,845 REA appraisal was $720,000 or $360K per unit.
Hard to value hubby's labour content as some days he has trouble getting his work done due to friends & neighbours dropping into chat and my hubby loves a chat.
Duplex is over budget a little because hubby added in extra's he wanted eg. built in shelves in all bedrooms, paths all around building, extra brick wall in garden, fence, extended back patio area, storage shelf under units, solar powered fans to vent void areas, buffulo grass.
Today is sunny so hopefully project finished this week as tenants move in on 29th. Funnily enough we had 6 lots of applicants for the units so PM had plenty to choose from.
On another note we live across the road from a 2x2 bedroom duplex which had an open on Saturday for prospective new tenants to look at one unit. Ten cars were waiting for PM when I left.
The market demand locally is now 2 bedroom duplex units to rent and 2 -3 duplex bedroom units to buy. There is a Supplier Spectacular on tomorrow and Rockstar and I are booked into to attend, I went to one early in the year and a rep gave me a big discount on some products so was worth attending.
Driveway is peeling - this was due to a few factors we may have to grind back later on.
Cheers
Sheryn