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House And Land Packages Making You Money – How To Maximise Rent Return On Your Investment Property

Announcement posted by New Generation Homes 31 Jul 2015

If you’re building or renovating a house which you intend to rent out, your choices on colours, carpets and window treatments will have a flow-on effect to your rental return. A rental property which looks clean and fresh not only means happy tenants, but also higher rents. 

There are many things you can do to increase your property’s appeal to prospective tenants and increase the rental return in the process. So, for simple ways you can maximise your property’s rental return – read on! 

Colour

Most of us know that using bold colours is a bold move if you’re trying to give your property a broad appeal. But keeping your colour scheme neutral doesn’t mean you have to paint everything white. Consider soft hues such as beige, rain-cloud grey and khaki which create a calming atmosphere. Paint also comes in a variety of finishes. The flatter and lower the sheen, the more imperfections are hidden. 

Flooring

The market value of the property will dictate the quality of flooring you install. A high-end rental should have equally high-end floors like timber and plush carpets. As for a mid-range rental, consider tiles for high-traffic areas. Think about how long you plan to rent your property out for. For example, will you rent it out for five years then move in yourself? You might want to start with a low-cost option with a shorter life span if you’ll be replacing it in a few years anyway. 

Windows

Most tenants will appreciate even a basic form of window-covering. Curtains are an easy and attractive option. Many of the ready-made curtains available can be washed in warm water, which makes them practical.  Blinds can be another good choice for landlords. Wooden blinds are always in fashion, but your tenant might not bother with wiping them down to reduce dust build-up. As for colour – remember neutral is best. 

Maximise your return on your choice of builder with New Generation Homes!

Choosing a builder is one of the most important investments for new home builders, so it’s important to find one that offers you the best value. New Generation Homes have built an enviable reputation for quality, innovation, trust and value. They offer an exciting collection of house and land packages Perth people love. 

Whether you’re building a home to live in or rent out, you’re sure to find heaps of top-quality, value-packed house and land packages at New Generation Homes. 

New Generation Homes have an enviable range of Perth house and land packages to suit every budget and taste.  Contact New Generation Homes today, and don’t forget to ask how you can build today, and pay nothing along the way !