Hi Everyone
We are in the process of buying a house and land package in Gladstone in Emmadale Gardens. The house is a turn-key package but I have a couple of queries re: potential Variations.
The IP includes split system A/C and ceiling fans to each of the main bedroom and family room. The 3 minor bedrooms and media room all have ceiling fans. What do tenants expect in Gladstone, including the mining companies that look to rent IP's for their workers? From a longer term perspective (for both growth, rentability and potential future resale) would it be economically sound to consider a variation to replace the 2 split system A/C's with whole house ducted air? If so, what would be a reasonable price to expect as a variation quote to supply and install ducted air (noting that we would first have a credit for the current A/C included in the purchase price and the vary would just represent the residual value)?
Also the current floor plan does not include any 'extra' storage at all. There are the usual BIR's and WIR to the bedrooms, but there are no additional linen cupboards, broom cupboards or similiar. The laundry will have a 42L S/S tub with metal cabinet unit but no other cupboards. Again with the longer term in mind, is it a smart move now to try and vary the floor plan to allow for some extra storage? Also there appears to be enough room in the laundry to accomodate a broom/vacuum cupboard or similiar, OR a bench could be put in place that includes the S/S sink and extra cupboards under? Again what would be a reasonable price to expect as a variation quote?
This is our first ever new build and whilst we don't want to spend money unnecessarily, we are mindful of supplying what the general market demands if we can ultimately get a return on that initial outlay. REA's have suggested that whole house A/C is demanded by the mining companies and that storage is important, as most tenants in this area are families. I really appreciate any feedback from those experienced in this area and especially from members who currently hold IP's in Gladstone giving them firsthand experience in that market. Thanks heaps!
Angela
We are in the process of buying a house and land package in Gladstone in Emmadale Gardens. The house is a turn-key package but I have a couple of queries re: potential Variations.
The IP includes split system A/C and ceiling fans to each of the main bedroom and family room. The 3 minor bedrooms and media room all have ceiling fans. What do tenants expect in Gladstone, including the mining companies that look to rent IP's for their workers? From a longer term perspective (for both growth, rentability and potential future resale) would it be economically sound to consider a variation to replace the 2 split system A/C's with whole house ducted air? If so, what would be a reasonable price to expect as a variation quote to supply and install ducted air (noting that we would first have a credit for the current A/C included in the purchase price and the vary would just represent the residual value)?
Also the current floor plan does not include any 'extra' storage at all. There are the usual BIR's and WIR to the bedrooms, but there are no additional linen cupboards, broom cupboards or similiar. The laundry will have a 42L S/S tub with metal cabinet unit but no other cupboards. Again with the longer term in mind, is it a smart move now to try and vary the floor plan to allow for some extra storage? Also there appears to be enough room in the laundry to accomodate a broom/vacuum cupboard or similiar, OR a bench could be put in place that includes the S/S sink and extra cupboards under? Again what would be a reasonable price to expect as a variation quote?
This is our first ever new build and whilst we don't want to spend money unnecessarily, we are mindful of supplying what the general market demands if we can ultimately get a return on that initial outlay. REA's have suggested that whole house A/C is demanded by the mining companies and that storage is important, as most tenants in this area are families. I really appreciate any feedback from those experienced in this area and especially from members who currently hold IP's in Gladstone giving them firsthand experience in that market. Thanks heaps!
Angela