Melbourne House Renovation: $100k Profit in 30 Days
- Authors
- Published on
- Published on
In a daring venture, the Pizza and Property team takes on a decrepit Melbourne house, aiming to turn a $100,000 profit. This bold move involves purchasing the property off-market in late 2024 and embarking on a 30-day renovation blitz. Facing challenges head-on, the team coordinates trades, navigates interstate purchases, and juggles the demands of renovating while caring for a newborn. Melbourne, once overshadowed by Adelaide and Brisbane, emerges as the battleground for this high-stakes property transformation.
With a keen eye for opportunity, the team seizes upon the potential of the Melbourne market, leveraging the property's rental income potential to offset costs. Through strategic communication with agents and building solid relationships, they secure off-market deals and unlock hidden value. As the renovation unfolds, unexpected obstacles like asbestos and structural changes test their resolve, but the team tackles each challenge with precision and determination.
Navigating through the renovation process, the team strategically plans cost-effective upgrades to meet market expectations and maximize the property's value. From removing structural walls to revamping floors, kitchen, and bathroom, every decision is made with the goal of achieving a revaluation in the low 700,000s. By staying within budget and adapting to unforeseen circumstances, they demonstrate resilience and ingenuity in the face of adversity. As the project progresses, meticulous attention to detail, innovative solutions, and efficient problem-solving pave the way for a successful transformation of the Melbourne property.
Image copyright Youtube
Image copyright Youtube
Image copyright Youtube
Image copyright Youtube
Watch Melbourne Reno in 30 days in 2025! Complete behind the scenes - With Todd & Bianca Sloan & Freddy on Youtube
Viewer Reactions for Melbourne Reno in 30 days in 2025! Complete behind the scenes - With Todd & Bianca Sloan & Freddy
Viewers are excited for part 2 of the renovation project and are looking forward to more breakdowns of costs.
Many comments praise Todd for his informative and motivating content, with some mentioning his recent addition to the family.
Some viewers express interest in the specific details of the renovation project, such as bathroom costs and insurance.
Questions are raised about hiring project managers for interstate renovations and dealing with potential issues like load-bearing walls and asbestos.
There are compliments on Todd's skills, the quality of the content, and requests for more information on the location and insurance used for renovations.
Related Articles
Sam Gordon's Secrets to Real Estate Success
Property investor Sam Gordon shares key tips for success: rent your primary residence, focus on good debt like property investments, avoid bad debt, and reject negativity to fuel growth in the real estate game.
Mastering Property Offers: Expert Tips with Simon Luke
Learn expert property offer tips from Simon Luke on Pizza and Property. Discover negotiation strategies, state-specific laws, and the importance of trust in sealing the deal.
Maximizing Rental Property Value: Design Tips from Darren Palmer
Darren Palmer shares expert insights on adding value to rental properties through smart design choices. From optimizing space to understanding market trends, learn how to enhance property appeal and maximize ROI.
Top Rental Property Value-Adding Tips for Increased Rent and Tenant Satisfaction
Learn top rental property value-adding tips from Belinda the Valuer and Todd Sloan. Enhance spaces, add a dishwasher, and install air conditioning for increased rent and tenant satisfaction.