Knock down rebuild

Berstan Homes has just been awarded a knock down rebuild project in Rosanna and the clients are cashing in there extra land. The knock down rebuild consists of the demolition of the existing home and the new build of two homes on the same site. estimates for the knock down new build are showing the costs involved for the project are close to being negative once the second home is sold. This is a great way for the clients to
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Many issues need to be considered when doing your budgets for a knock down rebuild I have listed some below: Location Land size  Street setbacks  Cost of land Area growth Tax implications Finance Council Street scape Market These items are all pivotal components in the knock down rebuild process to returning you a profit.
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Last weekend I was at a knock down rebuild site in Lower Plenty and I was surprised by the suburbs natural beauty. The knock down rebuild was overlooking plenty of tree tops and what a view it was. Lower Plenty is certainly a unique way of having a great natural environment to live in and just 16km from the CBD. 
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Interest has increased in the Eltham and Doncaster area for knock down rebuilds of late I believe due to the average of home owning residents looking to retirement. Many are caught up with not as much superannuation as they would like so a knock down rebuild looks very feasible. By building 2 townhouses on their land they can gain a sizeable nest egg to purchase a suitable smaller home. With the build cost of two good size townhouses coming in
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What to look for when buying a knock down rebuild site and costs: The construction of two double storey homes around 25 square each The cost of the two homes would be around $650 to $700k including subdivision, surveying, design, demolition, planning, engineering, soil testing and all fees from start to finish.  Some areas you could be looking at are Doncaster, Blackburn, Vermont, Donvale, Ringwood and Reservoir is also worth a look.  Size of land would need to be a
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Many clients ask about the first steps to a knock down rebuild process. At Berstan Homes we arrange a meeting and site inspection to appraise the site for suitability. The next step is to have a feature survey undertaken which will give a clear outline of the surrounding building setbacks as well as trees and other existing features. Once the survey is completed this will enable a more accurate site appraisal enabling a concept design to be drafted. Some of
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Knock down rebuild Reservoir. Interesting conversation I had with a developer last week he was saying how he was cleaning up doing knock down rebuilds in Reservoir and Preston. He was saying that he couldn’t work out why the home owners weren’t doing the knock down rebuilds themselves. The only reason we could come up with is they don’t realize how much money they could make. Available vacant land in Reservoir and Preston is none existent so the only way
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I had a request from a client for a knock down rebuild in Wantirna today so I did a site visit and i was surprised with the amount of knock down rebuilds in the Wantirna area. Most of the homes in the court where my clients lives have already been had some form of a knock down rebuild solution or another.  Some had 3 homes on the same block and some had had just a new single dwelling constructed at
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We have been seeing strong enquiry of late from clients interested in costings for knock down rebuilds in Templestowe and Templestowe Lower lately. With so many residents getting to retirement age in the area it is little wonder they want to cash in their land investment and down size.  With average price for townhouse around $800k plus for 4 bedroom, 2 bathroom, 2 car townhouses a knock down rebuild is proving to be a real solution heading into retirement. 
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Mrs H from Ringwood has decided to look into a knock down rebuild with her property in Ringwood. Mrs H bought the home in Ringwood for $170k in the 1970's and owes no money on the mortage. The home is situated on a 1200m/2 piece of land and would be able to accommodate 4 home units.  The build cost would be around $995k and Mrs H is going to sell 3 of the homes and retain one home for herself.
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