YOU DO THE MATHS.
When comparing properties, the purchase price is only the beginning.
Let's say you purchase a property for $850,000.
It has older flooring, timber windows need replacing, two outdated bathrooms, damaged cladding, an original kitchen, piers requiring work, no solar and a list of improvements you'd eventually want to make.
What would it cost you to bring that property up to the standard you actually want?
Start adding it up:
A new kitchen.
Two new bathrooms.
Flooring.
Painting inside and out.
Electrical upgrades, lighting and ceiling fans.
Built-in wardrobes.
Blinds.
Solar.
Decking and outdoor improvements.
Structural work.
Landscaping.
Then add the labour. With qualified trades commonly costing approx $100 an hour, how many hours would it take to complete an extensive renovation?
And don't forget the costs you can't put neatly on a spreadsheet - sourcing trades, materials, organising quotes, delays, unexpected problems and living through the work.
Does that $850,000 property still cost $850,000?
Or, by the time you've created the finished home you wanted, are you well over $950,000 anyway?
Now compare that opportunity with 29 Cobby Street.
The extensive work has already been completed. The kitchen is done. Both bathrooms are done. The flooring, painting, electrical updates, built-ins, blinds, solar, deck and numerous improvements throughout the property are already there for you to enjoy.
And you don't have to simply take our word for it.
A pest and building report has already been completed and is available for you to review, helping you understand exactly what this opportunity has to offer.
Sometimes the cheaper house isn't the cheaper option.
Do the maths. Compare the finished product. Then come and experience 29 Cobby Street for yourself.
Property Highlights:
Extensively renovated by quality tradespeople
New Estini natural marble kitchen with new integrated dishwasher and induction cooktop
Three bedrooms with New built-in wardrobes plus separate study
Two New renovated bathrooms with stone-top vanities
Double garage, side access and additional off-street parking. Updated electrical box.
New Split-system air conditioning, solar power, Cypress pine flooring and new carpet.
New Entertaining deck and easy-care yard with room for kids and pets
Opposite a leafy reserve, close to schools, the University of Newcastle, shops and transport.
If you're looking for a home where the renovations have already been completed, this is an opportunity to simply move in and enjoy everything Shortland has to offer.
Contact Kelly Rosser 0468 594 773
Disclaimer: All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and accept no liability for errors or omissions. (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.