I am just finalising quotes/fit out on my IP build and was hoping to get a few thoughts on the appropriate (ie best return) level of spec for an IP. The property will be a 4x2 in Bayswater WA with a build cost of around $230k turnkey (+/- depending on the call I make on these items). Hopeful rental value around $500-$550pw. I am aiming for a 'slightly better than average' fit out and build. In terms of target demographic I am anticipating it will be either a mid-size family or multiple young professionals (I.e group of friends).
So the aspects I am tossing up are:
FLOORING:
I am thinking tile throughout apart from the bedrooms, which would have hard-wearing carpet (which I'm sure will divide opinions).
AIR CONDITIONING
I have been advised that a split system in the (large and open) living/dining/kitchen and fans to the bedrooms is the most standard option, however I am wondering if tenants will pay more for AC in the rooms (and if so should I duct the whole place or go split system in each room).
CEILING HEIGHT
The builders standard spec is 30C, but I feel going 31C adds value that will be there for the life of the dwelling.
Dishwasher?
I know I value on in a rental, but will ppl pay more for a place with one (and/or stay longer etc)?
BATHROOM BENCHTOPS
I am inclined to upgrade the post form laminate to essastone in the bathrooms, or is this excessive?
Thoughts on any of the above will be greatly appreciated.
Cheers guys!
So the aspects I am tossing up are:
FLOORING:
I am thinking tile throughout apart from the bedrooms, which would have hard-wearing carpet (which I'm sure will divide opinions).
AIR CONDITIONING
I have been advised that a split system in the (large and open) living/dining/kitchen and fans to the bedrooms is the most standard option, however I am wondering if tenants will pay more for AC in the rooms (and if so should I duct the whole place or go split system in each room).
CEILING HEIGHT
The builders standard spec is 30C, but I feel going 31C adds value that will be there for the life of the dwelling.
Dishwasher?
I know I value on in a rental, but will ppl pay more for a place with one (and/or stay longer etc)?
BATHROOM BENCHTOPS
I am inclined to upgrade the post form laminate to essastone in the bathrooms, or is this excessive?
Thoughts on any of the above will be greatly appreciated.
Cheers guys!