All Topics / Help Needed! / Shipping Container IP Viability

Viewing 8 posts - 1 through 8 (of 8 total)
  • Profile photo of ConnollyConnolly
    Participant
    @connolly
    Join Date: 2012
    Post Count: 49

    hey all,

    Anyone out there ever entertained or looked into the viability of building an IP using shipping containers?

    Not sure the stance of local councils however have seen some pretty decent designs done overseas that would make interesting concept as far as an IP   goes especially with construction and fit out outlay.

    Wonder how they would stack up with valuations and the like.

    Anyone have any gems of information and thoughts on this one?

     

    Profile photo of JpcashflowJpcashflow
    Participant
    @jpcashflow
    Join Date: 2007
    Post Count: 575

    Hi,

    This idea, is out in the market place allready, in Christhcurch buildings are being made out of containers and so wil some properties in the future.

    Recently a building in melbourne was extended by using containers. By the way it was to extended the QV building.

    Keep an I out on this!!!

    Jpcashflow | JP Financial Group
    http://www.jpfinancialgroup.com.au
    Email Me | Phone Me

    Your first port of call in finance :)

    Profile photo of carlrsullivancarlrsullivan
    Participant
    @carlrsullivan
    Join Date: 2007
    Post Count: 25

    I love the idea ad have done some research on how it would hold up. Overall the best designs seem to be shipping containers incorporated into a more holistic design.

     

    Check out: http://www.pinterest.com/carlrsullivan/shipping-container/

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    The idea has been around for more than a few years now and is very popular in the mining areas of Western Qld.

    We had a few on a site of ours other side of Roma which we did nicely out of.

    Not sure how you would go trying to one an empty block in Balmain as the locals might object but ideal for the Country areas where accomadation is needed and needed fast.

    Cheers

     

    Yours in Finance

    Richard Taylor | Australia's leading private lender

    Profile photo of ConnollyConnolly
    Participant
    @connolly
    Join Date: 2012
    Post Count: 49

    Hey Richard,

    how much did they cost you to put on site, fit out, hook up to services, etc?

    have you sold or do you still have? if you have sold how did resale go compared to similar properties?

     

    Cheers

     

    Profile photo of Long JohnLong John
    Blocked
    @longjohnsback
    Join Date: 2014
    Post Count: 32

    Last time I talked to Royal Wolf  they had a gazilion of these things floating around. They aren’t the only mob into converted shipping containers for all sorts of purposes. As mining construction has come off the boil all the equipment used in construction (incl containers) has been progressively backloaded to holding areas for disposal.

    Royal Wolf commercial for containers

    Container buildings may seem sexy but they’re a specialised (very small) niche market. I and a mate experimented with niche construction projects over 25 years ago. The theory was great. The practical outcomes where a disaster.

    Container accommodation is associated with short term, cramped, worker style living quarters. There is no market looking to buy these things other than emergency or worker quarters.

    My advice would be to find out if there is any demand and if that demand is being met. off the cuff I would say at this point the market is over supplied and there are sophisticated players like Royal Wolf who pushing their own surplus stocks. For the life of me I can’t see why anyone would want to try and make a go of it in that market.

    Don’t make the mistake of thinking “If I build it they will come”.

    • This reply was modified 10 years, 8 months ago by Profile photo of Long John Long John.
    Profile photo of andy28andy28
    Participant
    @andy28
    Join Date: 2003
    Post Count: 14

    I have looked into it a bit. The refrigerated ones seem to be the go, as they have good insulation. They cost more though. I could see them being used as granny flats in big back yards of existing rental properties. Or as a hobby off-the-grid project/cubby house/man cave for personal use.

    I wonder if some second-hand ones could be gotten cheaply post-mining boom.

    There are quite a few resources online about this.

     

    Profile photo of BrazenBrazen
    Participant
    @brazen
    Join Date: 2010
    Post Count: 47

    I have looked into it a bit. The refrigerated ones seem to be the go, as they have good insulation. They cost more though. I could see them being used as granny flats in big back yards of existing rental properties. Or as a hobby off-the-grid project/cubby house/man cave for personal use.

    I wonder if some second-hand ones could be gotten cheaply post-mining boom.

    There are quite a few resources online about this.

    Be careful of getting Council approvals for these types of buildings Andy. Many Councils go by the EP&A Act definition of a building which defines transportable and modular structures as not being buildings; thus they won’t approve them as granny flats. Just make sure you check with Council before hitting the ‘buy-it-now’ button.

    Here’s the NSW Planning Circular on the matter: http://www.planning.nsw.gov.au/planningsystem/pdf/circulars/ps06_018_transportablehomes.pdf

    I’ve had an application rejected by a Sydney Council and the client already bought the container from eBay! EEEEEEK!

    Serge.

    Brazen | Granny Flat Approvals Sydney
    http://www.grannyflatapprovals.com.au
    Email Me | Phone Me

    Granny Flat Approvals Guru

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