How to renovate in two months
ARUN Madhoji has built close to 100 homes all over Australia, but he believes his latest project is by far his biggest and best yet.
The experienced property flipper bought what he believed was the worst house in the best street 13 years ago.
He had been looking for his next project in the leafy, up-market suburb of Bulimba when he spotted 26 Cowper Street.
Mr Madhoji subdivided the block and built two houses - one he has since sold and the other, a replica Queenslander, which he rented out.
Fast forward to 2018 and it was time to sell, but Mr Madhoji realised the current home he had built back in 2005 simply would not do.
Prices have risen substantially in the suburb, which has a median house price of $1.3 million - and so have buyers' standards.
"We had initially decided to do a partial renovation, but then we decided the bathrooms and kitchen were too dated, so we did a full demolition," Mr Madhoji said.
"Most buyers expect the house to be done properly - they don't have the time."
Time is something Mr Madhoji is very good at managing, with the entire renovation taking just two months.
"I had a very good team,"he said.
"I brought in subcontractors of my own and the builder had some of his subcontractors.
Mr Madhoji said the key was to schedule tradespeople well in advance and draw up plans for the renovation "so everyone's on the same page".
"The biggest problem is tradies aren't always available when you need them," he said.
"I booked in a painter two months before the renters vacated."
Mr Madhoji undertook the renovation with the help of his daughter, Shoma, who helps run the family business.
"I liked the house beforehand, but we knew if we renovated it, we would potentially get a higher sale price," she said.
Every room in the house was completely gutted and rebuilt.
"Pretty much everything, besides the timber floor and railings, is new," Miss Madhoji said.
"I was more involved in the later stages, picking finishings and fittings."
The brand new kitchen is one example of where the quality of the finishes shines through, from the marble island bench to the Bosch appliances and concealed butler's pantry.
But the framework from the original kitchen was retained and the cupboard panels resurfaced with 2 pac, which saved on costs.
The fifth bedroom in the house was converted to the kitchen's butler's pantry and study.
Two of the four bedrooms are upstairs, including the master suite, which has been reconfigured to accommodate an ensuite, walk-in robe and balcony.
All three bathrooms were demolished and reconfigured, and new light fittings and ceiling fans installed in every room.
A key feature of the house is the covered deck, which overlooks the fully-landscaped backyard featuring a Balinese-style garden.
The 404 sqm block means there's room to put in a pool if the new owners desire.
just to modernise it and get that edge over other properties
always bought as an investment property
Mr Madhoji estimates the total spend came to about $180,000.
"I decided to spend a bit more money than I usually would because houses in this area are selling for a good price," Mr Madhoji said.
"(The house is) in a good location, the house across the road sold for almost $1.5 million and it has a lot of trees - I'm a tree lover."
There's no doubt the property in is in a great location, close to Oxford Street's shopping and dining precinct.
And the best thing for its potential new owners is that all the hard work has been done for them.
The property is for sale through James McKinlay of Place - Woolloongabba.
RENO FACT CHECK:
Time taken: 2 months
Total spend: $180,000
Approximate end valuation: $1.5m-plus