Are you a fan of the block?
A cosmetic makeover could increase your property investment rental value. If your property has been vacant for some time it might be a little tired and in need of some TLC.
Every day that your property sits vacant on the market you are losing potential rental income. By making a commitment to adding value to your investment property you could gain equity and potentially increase your rent. Remember these updates are tax deductible too!
Apmashere have put together their most budget-friendly makeover and styling tips and tricks for you.
- Our miracle worker: a coat or two of paint
Changing from a dark to light colour can dramatically lift the mood of a room and make it seem bigger and brighter.
- Let there be light!
If you have a window that looks out onto a fence or wall paint it white or another pale colour. You will get more reflected light inside.
Skylights and light tubes are a cost-effective option and generally do not require planning approval, although always check with your local council first.
- Polish those floorboards
The simple task of polishing your floorboards can definitely send a positive feeling of warmth in any property and also brings you some extra protection from day-to-day wear and tear. Plus, they look fab!
- Switch your door handles and knobs
It’s amazing the difference a new door can make to some tired out cabinets. This is a cost effective way of bringing new life to a tired kitchen. Make sure you give the cupboards a good clean and a coat of paint to go with them.
- First impressions last
An inexpensive way to dress up your property is to paint the front door. Often a simple, fresh, natural colour will do the trick, but if you looking to have some fun and make a bold statement, go a colourful front door!
- Gardens and lawns
Often, prospective tenants will drive by a property before they schedule an inspection so it’s important to have the gardens and lawn well maintained. If your property is in a strata managed complex this will help ensure you are part of the decision making team with the body corporate for any periodic maintenance or upgrades to be done on the block.
Brought to you by Apmashere, leading the way in Property Management.
Whilst every effort has been made to ensure the accuracy and completeness of the information, no guarantee is given nor responsibility taken by Apmasphere.Tags: investment property, makeover, renovation, rental value, the block, vancacy