Work Partner Series: 6 Property Renovation

Property renovation is a great way to make a profit on your property purchase or to upgrade your home.

We have been working with AIT Building Constructions, based in Roseville Chase on Sydney’s North Shore, for the past 6 years.

They have provided handyman and carpenter services for many of our clients as well as property renovation.

Case Study: Property Renovation Naremburn

The property is 35 Mitchell Street in Naremburn, which was purchased in 2014.

Before the renovation:

Source: Core Logic

Back then it was run down and in need of renovation.

It was bought when the market was down and in a climate not too dissimilar to now.

AIT project managed the entire build from seeking council approval to finalising the finishing touches such as the landscaping.

The project took around a year from start to finish.

The property’s land value was good so it was a great opportunity to renovate the property to add further value.

AIT renovated the property by adding:

  • A new floor
  • Bathroom
  • Bedroom
  • Carport

By installing a carport, they took a car off the street which was an improvement to the local area and an added convenience for the buyer.

The exterior walls were also updated and the garden landscaped which has dramatically changed the look and feel of the property.

After the renovation:

Following the successful renovation, the property was sold by Location Property Group in 2016.

Renovating a property is a great opportunity to on-sell at a profit, providing you work with the right team.

If you are looking for a highly competent builder that can deliver a great result, contact AIT Building Constructions for a quote on 0400 141 414.

Selling Property Work Partner Series
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Work Partner Series: 6 Property Renovation