Hi Guys,
I was wondering if anyone had experience/advice on building units? Do you just go to your everyday builder (Homestead/Fairmont/etc) or are there specialists.
My brother in law is throwing round the idea of buying a run down house for the land, knocking the house down and building up to 6 units (2 stories). I’ve looked on the web a bit but can’t find unit builders as readily as home builders.
Any advice would be appreciated.
Cheers
Mikeif you want a Duplex built use a normal everyday builder.
If you want something like a 3-story walk up complex look for a commercial builder…
Stuart Milne
Non-Conforming Specialist
READY Mortgages
http://www.readymortgages.com.au
[email protected]
Mob: 0404 056 055Having a partner who is a builder and does all of our projects i am spoilt. I stay in air-conditioned confort and he is outside doing all the work.
In saying that finding a builder who will want to first quote on the project and then complete the project is easier said than done.
Your standard house builder who sub-contracts everything will not be interested so it is finding a more specilised builder who is up for the work.
Tender prices will vary considerably and you really want to go get 2/3 to see how the prices differ. Rule of thumb expect to pay around $1300 / SqM for your basic block and more if you are looking for something special.
Get you prices in first before you settle on the block as the building costs could make the project unviable.
Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 6.89%**
Licensed Financial Planner
http://www.yourstatefinance.com
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Ph: 07-3720 1888Richard Taylor | Australia's leading private lender
Hi mate
We just took our plans to builders in the area and basically said ‘how much to build this’ and then we got detailed quotes based on their inclusions etc. After that we just thrashed out a deal that cut out stuff in the quote we didnt need to come to an ending we were happy with. Must admit it helped a bloody lot that my father in law is a builder and he drew up architect-quality plans for us.
Cheers
Tim
Hi All
I am registered residential builders involves building ,ulti unit projects across Melbourne.To built a multi- unit project first of all you will need to see an architect /drafting designer to come up with the set of Town planning drawings to get approved by relevant local council authorities,then from here you can look for a builder (I recommend ask friends and relatives and get recommendations)who is an expert in the field and get 2/3 written fixes price contract with all details and specifications.making sure all costs are included beside the actual construction cost.For example,storm water,driveway,landscaping and all services to the property like electricity ,gas,phone,water,ect.
Builder charges are varies depending on the size of the units ,normally the bigger the cheaper will be.At the moments as year 2011 we are building around $11,500.00 per building square for medium quality project and ofcourse it will cost more if you wants very high quality fixing and fixtures.
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Good luck all
Michael ImaniI am currently building Units.
4 units, Perth, Western australia.
It was a long process of research and many meetings with builders… But i think none of this is ever a waste as you learn something new via almost every person you talk too.
Anyway we had a ‘building broker’ on the job too…….WASTE OF MONEY GUYS…. I also got my own quotes and i ended up coming in ALOT cheaper than the best price the broker got. not bad for a first timer i reckon lol.I have gone with a well known housing builder, but they were more than happy to accomodate to do units.
i think the proof is in the pudding……. two teams are on site now and things are moving along at a rapid pace.I think its as simple as you just ASKING each of the builders if they are prepared to do your units…. it also helps to remind them that they may also get future work from you.
I also would not listen to builders that on first meeting just start b#tching about other builders. I found alot out there like that,,,,, yep they didnt get my job.
Oh and another thing i found was that alot of the builders wanted a small deposit (about $1000) to do the quote. I refused (in a nice manner of course) to pay this. Its pretty much to secure that you will end up building with them, and if it is the house of your dreams than this may be fine, however the development world is different. I do understand that a fair bit of time goes into them doing the quote, but I think if they want the job and possibly more work from you down the track then the $1000 can be waived…… and believe me they can waive it.
GOODLUCK
Well done Vonny
Sounds like you are a natural! Yes I have heard of the $1K to quote trick, and can’t believe they think they can get away with it!
Can I ask how long your time frame from purchase has been? (just to compare to Vic at the moment)
Holly
THANKS HOLLY…. nice little confidence booster to start my day
TIMEFRAME……
Well the land was settled in July last year. However i did a 3 month settlement. This gave me a change to get a head start on the development…. research, meetings etc etc.It is now 1 year later…. The roofs are going on as we speak
Exciting stuff….. when you start to see all your hard work in actual bricks and mortar.
HAVE A GREAT DAY
vonny wrote:I am currently building Units.
4 units, Perth, Western australia.
It was a long process of research and many meetings with builders… But i think none of this is ever a waste as you learn something new via almost every person you talk too.
Anyway we had a ‘building broker’ on the job too…….WASTE OF MONEY GUYS…. I also got my own quotes and i ended up coming in ALOT cheaper than the best price the broker got. not bad for a first timer i reckon lol.I have gone with a well known housing builder, but they were more than happy to accomodate to do units.
i think the proof is in the pudding……. two teams are on site now and things are moving along at a rapid pace.I think its as simple as you just ASKING each of the builders if they are prepared to do your units…. it also helps to remind them that they may also get future work from you.
I also would not listen to builders that on first meeting just start b#tching about other builders. I found alot out there like that,,,,, yep they didnt get my job.
Oh and another thing i found was that alot of the builders wanted a small deposit (about $1000) to do the quote. I refused (in a nice manner of course) to pay this. Its pretty much to secure that you will end up building with them, and if it is the house of your dreams than this may be fine, however the development world is different. I do understand that a fair bit of time goes into them doing the quote, but I think if they want the job and possibly more work from you down the track then the $1000 can be waived…… and believe me they can waive it.
GOODLUCK
Well Done Vonny, I’m doing some research about units as well and I think that most of the time it’s better to learn from your own mistakes, then you never forget that. You only need common sense and some understanding of basic business to get a project done. I think that this and the motivation are the main keys to success. I know it’s difficult and takes a lot of time, but looking after your own money it’s always more effective.
Mosqui
Mosqui,
YEP YEP YEP…. i couldnt agree with you more
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