Investors should focus on undertaking cost effective renovations but should think twice before purchasing the cheapest possible fittings, says Smart Property Investment editor Phillip Tarrant.
When choosing the fittings for Smart Property Investment’s Cambridge Park renovation project, careful consideration was given to the cost and longevity of important fittings and fixtures to not only keep costs down but save money in the long term.
One example of this is with fittings for both the master and ensuite bathrooms, Mr Tarrant said.
“It’s important to buy reasonably good quality tap wear that will stand the test of time,” Mr Tarrant said.
“You’ve got to be careful where you spend your money,” he said, “Sometimes you’ve got to spend your money in the right places in order to make sure you save money in the long term.”
For more information on how Smart Property Investment tackled the renovation project, or to speak with Mr Tarrant, make sure you attend the free Smart Property Investment ‘Investment in Action’ open house on Saturday, May 19 at Cambridge Park, Sydney.
Click here for full details on the open house and to RSVP your place – and potentially win a $15,000 prize pack.