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At times, Milk Chocolate will present properties that require cosmetic or structural renovations. There are a few reasons for this, being:
- Higher rent can be achieved with some modifications
- To add instant equity to the property
- To simply modify the home so it’s better suited to our client's needs.
Purchasing a property and undertaking a structural or cosmetic renovation can be a daunting experience for some. Most people are unsure where to start, what process to follow, how to negotiate costs and what tradesmen to trust.
If Milk Chocolate recommends a property that requires a cosmetic or structural renovation we offer full-service Project Management. Removing all the stress, so you can enjoy the process from afar.
To give you an idea, we manage the following on our client's behalf:
- Planning and design
- Budget and timeline control
- Council submission (if required)
- Contractor management
- The build process
- Required insurances
- Occupation certificate
For the full list of our services, check our website here.
On our client's bespoke website, we include a full renovation feasibility study when presenting properties. They know the amount of money the renovation will cost, how long it will take and what the expected yield and capital growth will be due to the renovation.
As part of the bespoke website our clients also have their own renovation portal. The portal details real-time budget and time trackers and keeps our clients updated on how their renovation is progressing and houses all the required paperwork.
In summary, we take away the uncertainty of engaging someone to do your building projects and we give you options to fit your budget and expectations – collaborating with our team of experienced experts and tradespeople. Doing all of this whilst maintaining your personal sanity!
To find out more about this service and our Project Management fees, get in touch here.
Milk Chocolate was founded seven years ago by Richie Ragel and Michael Cleary, to purchase residential and commercial property in Australia on behalf of our clients, looking for a home or investment property. To see how we can help you get in touch here.
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