Thought I might post on here what Ive been up to. Bought the property in South Guildford 7 years ago and have been renting it out the whole time, its a 3 bedroom 1 bath, the block is 1689sqm zoned r20.
Started talking to builder in 2011 got plans designed and wapc but had issues with sewerage as the connection isnt on the property, the sewerage main is next door. Long story short big issues trying to get sewerage to property and it took us aproxx 1.5 years of stuffing around with water corp, engineer and contrator to get the sewerage line in.
The Build was 2 x houses behind the front house, both houses 4 x 2 approx 300sqm each, block sizes 480sqm each for back blocks, front block 630sqm Cost about $560k for houses plus headworks etc. Large cost of 30k for sewerage to front house. 14k for tree and site clean, had 5 large gums on the property.
Start building last year and we are about 7 weeks away from handover.
The figures are good because of the time frame of hold then build only paid 350k for the house,
Front house is valued at 400k back houses valued around 550k each.
Started talking to builder in 2011 got plans designed and wapc but had issues with sewerage as the connection isnt on the property, the sewerage main is next door. Long story short big issues trying to get sewerage to property and it took us aproxx 1.5 years of stuffing around with water corp, engineer and contrator to get the sewerage line in.
The Build was 2 x houses behind the front house, both houses 4 x 2 approx 300sqm each, block sizes 480sqm each for back blocks, front block 630sqm Cost about $560k for houses plus headworks etc. Large cost of 30k for sewerage to front house. 14k for tree and site clean, had 5 large gums on the property.
Start building last year and we are about 7 weeks away from handover.
The figures are good because of the time frame of hold then build only paid 350k for the house,
Front house is valued at 400k back houses valued around 550k each.
