Owner occupiers: This group can generally be divided into 2categories; first home buyers, and those who need to buy or sell to secure a property which lends itself to a secondary residence, because It may not be possible to build a secondary residence on their current property because of planning rules.
Investors: Recently (January 2019), a property manager rang us to tell us that they had around 200 enquiries for a 1980s-built granny flat in Kaleen they were advertising for rent. We feel that this is an indictment on the failure of the market and government to solve the housing crisis.
Our take on the housing crisis is that it isn’t only about the difficulty in buying a home, but also about being able to rent a home, and helping a person or family find security in having an affordable home to live in.
This, and our experience of the demand for the properties we have built for customers, has prompted us to create this section of the website.
We feel that you can feel good about helping people and profiting at the same time. One of the rare investments that can enable you to profit whilst helping people at the same time is to acquire a home and build a secondary residence to offer for rent.
The reason why you can rent out a 3-bedroom 2-bathroom home (secondary residence) for $500 a week based on a $200,000 investment is because you own the earth, and there is a main residence meeting the bulk of the land taxes and rates.
The reason why you can opt to rent a 2-bedroom house to students for $350 ($18,200 per year plus depreciation) is because you can build it for $140,000, and you don't have to contend with body corporate charges.
Our commitment is to build our clients world-class, highly energy efficient and comfortable secondary residences - backed by our guarantees and warranties.
To save you time, we have committed to short-list 2 properties each week which we feel represent great land value and ideal for secondary residences.
We receive no rebates or incentives to promote specific properties however there is a preference for level blocks between 600-800 sqm priced less between $475,000 and $700,000.