Urban.com.au’s Post

🔢 It was a strong April for new apartment launches in Melbourne, however, it's still far away from what's required amidst Melbourne's rapid growth per Australian Bureau of Statistics recent census The last update from the ABS saw Melbourne's population grow 167,500 people in 2022-23, above Sydney's 146,700. The demand is coming to the Melbourne off-the-plan apartment market, and supply isn't. We've wrapped up the six apartment developments that launched across Melbourne in April. Bensons Property Group | Fender Katsalidis | Sora Interior Architecture & Design | Balmain & Co | Monolith Projects Pty Ltd | Mim Design | Parallel Workshop Pty Ltd | Jack Merlo | Burbank Urban | Genton | Romano Property Group (RPG) | Ewert Leaf | Lendlease | WARREN AND MAHONEY | DCF Property Group | MA+Co ------------ 📣 Was this update of interest to you?🔥 Join 16,000+ of your residential property development colleagues who follow Urban on LinkedIn. We regularly post free insights about: 💡  New project launches and updates 💡  What buyers are searching for on AU’s largest off-the-plan buyer platform 💡  Weekly interviews with industry leaders Follow Urban.com.au or connect with our CEO Mike Bird to keep your finger on the pulse of the apartment and townhouse market.

🏡 Exciting New Affordable Housing Opportunity in Green Cove Springs! We are thrilled to announce the development of a brand-new 6-home subdivision. 🌟 Home Models Offered: • The Haven: 2 bedrooms, 2 baths, 1,204 sq ft, single-story at $200,900. • The Coral: 3 bedrooms, 2 baths, 1,190 sq ft, single-story at $200,900. • The Solstice: 4 bedrooms, 2.5 baths, 2,012 sq ft, two-story at $244,800. 🚗 Premium Features for Modern Living: Each model includes a single car garage, enhancing functionality and value. Crafted with superior materials and contemporary design elements, these homes boast granite countertops and Luxury Vinyl Plank flooring, combining durability with stylish aesthetics. Experience the elegance of finely constructed interiors and the comfort of modern amenities tailored for an upscale living experience. 📞 Get In Touch: Interested in making one of these houses your new home? Contact us at 904-404-9977 or email usda@oplifeline.org for more information and to start your journey toward homeownership. Learn more about the homes and apply directly at https://lnkd.in/e2ycdBVW. Don’t miss this incredible opportunity to own a high-quality, affordable home in a supportive community environment. Act now to secure your spot in this innovative and cost-effective housing project!

Citrus Villa Affordable Apartments for Seniors Set to Open REAL ESTATE: $11.5M Chula Vista Project Designed with Revitalization in Mind By Ray Huard CHULA VISTA – An $11.5 million downtown Chula Vista apartment building for low-income seniors, Citrus Villa, was designed by Studio E Architects with an eye toward the city’s revitalization of Third Avenue. Expected to open by the end of the year, the three-story building, developed by Interfaith Housing at 178 Third Ave., has 58 apartments in a mix of studios, one-bedroom and two-bedroom apartments ranging in size from about 423 square feet to about 835 square feet. An adjacent seven-story apartment building, Congregational Place, also designed by Studio E, is under construction by Retirement Housing Foundation with 56 apartments and is meant to complement Citrus Villa in its appearance, said John Sheehan, a principal with Studio E. “There will be this little senior enclave between these two projects,” Sheehan said. “It will be a very interesting and vibrant corner.” Citrus Villa takes its name from the lemon groves that once grew on the site. “The site is not in, but a block away, from Chula Vista’s historic core on Third Avenue,” Sheehan said. “Part of our design was trying to recognize that we’re that close and we are in walking distance to that and be part of that energy and revitalizing effort.” The design of Citrus Villa does that partly with large storefront windows and an arcaded entrance along the ground floor that mimic the business storefronts along Third Avenue, Sheehan said. At the same time, the shape of the building is a nod to the nearby neighborhood with what Sheehan said were “dingbat buildings,” popularized in the 1950s and 1960s in Southern California and elsewhere. Dingbats, also known as shoebox-style structures, are boxy two-story and three-story apartment buildings with overhangs that cover street-front parking. https://lnkd.in/gtMRaxZe #commercialrealestate #development #housing #apartments #affordablehousing #affordableapartments #design #architecture #chulavista

At Constantinou Bros Properties Plc, we specialize in upscale residential homes focusing on creating high-end, luxury living spaces that cater to a diverse clientele: 1. Premium Design and Architecture: We prioritize exquisite design and architectural excellence in every aspect of our residential projects. This includes attention to detail, innovative features, and elegant aesthetics that reflect luxury living. 2. High-Quality Construction: We ensure that construction materials and craftsmanship meet the highest standards of quality and durability. From fine finishes to superior construction techniques, every element of the home reflects luxury, stress-free living and sophistication.  3. Exclusive Locations: We select prime locations for our upscale residential developments, whether it's prestigious neighborhoods, stunning views, or scenic landscapes. Our locations add value to the homes and offers desirable amenities and surroundings for residents.  4. Customization and Personalization: We offer customization options for our buyers, allowing you to tailor your home to your unique preferences and lifestyles. This may include custom floor plans, high-end fixtures, smart home technology, and luxury amenities. 5. Exceptional Service: We prioritize customer service and strive to exceed the expectations of our buyers at every stage of the homebuying process. From personalized consultations to seamless transactions and post-purchase support, we aim to provide a luxury experience for our clients. 6. Investment Value: Our upscale residential homes are not just places to live but also sound investments. We focus on delivering properties that appreciate in value over time, offering our buyers a solid return on their investment.

#RealEstate : #CarpetArea #BuiltUpArea #SuperBuiltUpArea In real estate, floor area, also known as floor space, refers to the area occupied by a building or a portion of it, typically measured in square feet or square meters. The calculation of floor area for a rectangular plot is straightforward: Floor area in sq units = length (in units) x width (in units). The commonly used units are feet, yards, and meters. Three primary measurements are commonly used to describe floor area, especially in relation to apartments: carpet area, built-up area, and super-built-up area. Among these, the carpet area is particularly significant, as it directly indicates the usable space available to end users. Carpet area signifies the space where a carpet can be laid out, representing the actual usable area within a property, excluding the thickness of walls. Calculating the carpet area involves measuring the internal dimensions of the property. The RERA carpet area, as defined by the Real Estate (Regulation and Development) Act, includes the net usable floor area of an apartment plus the internal walls. It excludes spaces like terraces, verandas, and the size of external walls. On the other hand, the built-up area encompasses the carpet area along with the thickness of the walls. It includes all enclosed spaces within the property, such as rooms, corridors, and balconies. Calculating the built-up area requires taking into account the internal dimensions as well as the thickness of the internal walls, typically resulting in a total area that is 10-15% more than the net carpet area. The super-built-up area extends beyond the built-up area and includes common spaces, amenities, and shared facilities like staircases, lobbies, and gardens. It represents the total area a buyer pays for, including their proportionate share of the common spaces. As per RERA, the super-built-up area should not be more than 1.42 times the built-up area. I hope you will find the above information useful. In the next post, I will try to compare floor area aspects with respect to house, builder floor, and apartment.

Corner blocks offer numerous advantages for building your dream home. 1. Enhanced Street Appeal: With dual street frontage, corner blocks boast superior curb appeal, allowing for impressive landscaping and showcasing your property from multiple angles. 2. Increased Privacy: Enjoy more space between your home and neighbouring properties, especially with strategic positioning and landscaping. 3. Versatile Design Options: Corner blocks offer greater flexibility in home designs and layout, allowing for optimal orientation to capture natural light and breezes, as well as the incorporation of features like side access. 4. Potential for Dual Access: Two street frontages provide opportunities for additional parking and separate driveway access for sheds or carports. 5. Future Development Potential: Corner blocks may offer greater potential for future development or subdivision, providing additional options for capital growth and investment. (STCA)

Renovations increase value. Sure there are changes to your home that you can make that don’t require demos and other extensive work to be done. You could simply add outdoor living space features such as an outdoor TV, firepit, furniture, ceiling fans or go luxury and do an outdoor kitchen. There are other things you can do as well that help to add value to your home without the added stress a big project would be. Plenty were shared in an article I read. Check out the attached picture from Zillow on most common saves for those looking to make some changes to increase their home values without construction. Have you done any of these?

Transform Your Property with Added Value! These two stylish bathrooms are part of a recent renovation in an HMO (House in Multiple Occupation) project, created from just one outdated space. Adding an additional bathroom not only enhances the convenience for residents but also significantly boosts your property's equity. This is so important for property investors and developers, and a landlords. I always aim to include extra bathrooms in my renovation projects because they have such a positive impact on both the property's value and the living experience. I work on high end, and the low budget projects. How do you plan to increase the value of your home and get an equity? #interior_architect_westminster #bathroomrevamp #propertyrenovation #propertyinvestment #lowbudgetdesign #propertyinvestor #propertydeveloper #hmo #landlord

PRICE REDUCTION ALERT! Give us a call for a private showing today 📲 609-834-3121 Welcome to this spacious 5-bedroom, 3-bathroom home on a double lot, boasting multi-level living in a desirable corner location. This property offers a unique opportunity for those looking to put their personal touch and TLC into a home. The main features include an open floor plan, fabulous bar area great for entertaining, large windows throughout, a 2-car garage, and large 130x80 lot. With its ample space and potential, this property is perfect for those seeking a project with great rewards. This home is designed for shore entertaining. Don't miss out on this chance to transform this house into your dream home! Property being sold as is, where is. Buyer responsible for CO. Click to see more: https://ow.ly/H27k50Ro3Qh #RealEstate #realtor #realestateagent #home #property #investment #forsale #realtorlife #househunting #dreamhome #luxury #interiordesign #luxuryrealestate #newhome #architecture #house #homesweethome #realestateinvesting #luxuryhomes #realestatelife #business #design #realestateinvestor #realty #sold #broker #homesforsale #justlisted

How can you make a development profit on a property or build in equity to a property in the faster possible way? I believe this can be done through adding value to a property via development, refurbishment and conversion! But what exactly can you do to add value to a property? This will all depend on the specific circumstances of each property and it all comes down to stacking the numbers accurately to see what can work for each property type in different locations; 1. Change of use – C3 dwelling to C4 HMO but adding in rooms 2. Change of use – Commercial to Residential  3. Cosmetic refurbishment (re-decorate, new flooring etc) – If you buy a property that was advertised and viewed as stinky / cluttery house then a simple cosmetic refurb could add a decent amount of value. 4. Extension to add in extra bedrooms & living spaces  5. Reconfiguration to add in additional bedrooms i.e. 2 bed to a 3 bed property 6. Loft conversion to add in additional bedrooms / living spaces  7. EPC upgrade works to go from D-F to a C 8. Kitchen refurbishment  9. Bathroom refurbishment  10.Etc Get in touch with us now to learn more about our services and how we can assist you in building a thriving property portfolio in Manchester, UK.  Website: https://lnkd.in/evrPzfip  and www.invest-prop.co.uk