Are you looking to renovate your rental property? Often with tenants vacating, owners will look to make necessary house improvements. These may be near impossible while tenants are in the home. For each day your rental property is vacant, you are losing potential rental income. So planning an efficient and well-sequenced changeover is critical.
There may be several aesthetic changes that can be considered from painting, blinds, flooring etc. However, there’s a reason why kitchens are one of the most popular rental property projects. A smart fresh kitchen can give a smart return on your investment when re-leasing and attracting stable tenants.
Two obvious rules to note when upgrading your Rental Property:
Rule 1: Don’t renovate your property kitchen as if you are living in it – it is and should be an investment decision.
Rule 2: Your kitchen design should be fit for purpose – choose materials and finishes that are hard wearing and neutral taste for widest appeal.
If your kitchen is old and tired then start by considering the budget you might need for a kitchen renovation. Don’t forget to consider additional trades and associated costs so you have a realistic outlook and timeline for the overall project. If you can commence planning 1-2 months out from your existing tenants leaving than you will have the best opportunity to minimise any vacancy. Your property manager may also be able to attract interest when advertising a new kitchen.
To minimise the time before tenants can move back into your rental property, look for suppliers that can work to agreed deadlines and allow you to sequence tight timeframes. Another smart tip is design some tolerance and simplicity into your design.
This is a simple idea that simply means keeping the design simple to avoid costly issues BUT note: this doesn’t mean your design has to be plain?
If you really want to maximise the whole process you will be looking to ‘turn’ the property as fast as possible and minimise the time that your property is vacant. You will need to plan ahead and think about trade sequencing to achieve the smoothest result. There are a couple of simple strategies to assist in this:
Sounds easy! Focus on maximising your layout and aesthetics for maximum impact and minimal budget…If you think its time to take the plunge but need more information? Try these simple design tips to get you moving. You’ll also find plenty more information on our site with regard to designing a Semble kitchen.
If you didn’t previously associate rental properties with warm inviting kitchen spaces, you will now, because this dramatic new kitchen renovation in this rental property is as stylish as it comes. If you are looking to achieve a positive result in realising a property this is the drawcard you are after!
This recent renovation is a great example of a well thought out and executed renovation. A practical design and well-coordinated installation ensured this rental property was back on the market in no time.
What we really like in this rental property, is the neutral palette. The use of polytec’s Sheen finish with its smooth shiny melamine surface and a medium level of gloss throws light around and is very effective at making this room look both roomy and attractive.
Having a clean well-presented kitchen will make your rental property all the more attractive to future tenants, giving you every opportunity to seek the best possible weekly rent.
If you are looking for a hand with your next project we would love to be involved. Please email us at firstname.lastname@example.org. Alternatively, use our online Kitchen Planner and get your project off to an instant start. By creating a design you can immediately see a quote and start gathering a budget together!
We are also very happy to offer advice on any project or design. If you want some inside tips on smart design for your rental property.
Can’t find what you’re looking for? We’re happy to provide advice and guidance on your new kitchen, chat about your favourite kitchens, or read you a recipe.
Do you have any questions? We’re here and waiting. Shoot us an email for a prompt reply.
1300 851 221.
Prefer a chat? Our friendly staff are always available to talk kitchens (and sinks).
Check out our Frequently Asked Questions to see if another master designer had the same question.
This free course is delivered by 12 weekly emails and will give you the basic tools & concepts to successfully plan your own kitchen renovation. We cover everything from start to finish!Take The Course