Sell one and rent the other...

Mrs C is in her late 40s has inherited this property and wants to develop the property by selling one of the new homes and rent out the other for a passive income.

Location: Forest Hill
Owners: Mrs C
Property size: 1100 M/2
Valued: $650,000
Knockdown old home cost: $13,000
Subdivision and planning: $20,000
Rebuild description: Rebuild two double story new homes 25 S/Q
Rebuild cost: $625,000
Total cost of the knockdown rebuild: $658,000

Outcome: New homes valued at $750,000 each with the sale of one leaving gross profit $92,000. Leaving one new home valued at $750,000 with rental of $520p/w

Some real life knockdown rebuild scenarios.

Cash in and retire...

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Free up your equity by downsizing...

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Knockdown and rebuild your dream...

Mr & Mrs V are in their early 40s have three children in a smallish home and are looking for a tree change so a knockdown rebuild solution would give them enough to purchase that new dream home in the country. read more...

Retire without money worries...

Mr H is in his late 60s and wanting to retire and travel around Australia after his knockdown rebuild and not wanting to have any money worries. read more...

Sell one and rent the other...

Mrs C is in her late 40s has inherited this property and wants to develop the property by selling one of the new homes and rent out the other for a passive income. read more...