Knockdown and Rebuild
Supply and demand is the key driving force in the property industry linked intrinsically with location; not surprisingly, the strongest demand tends to be in inner city areas, with buyers attracted to proximity to major amenities including the CBD, entertainment precincts, historical and geographical landmarks.
Vacant land in the inner city suburbs of Brisbane is virtually non-existent; it is this scarcity combined with the strong demand for property in these suburbs, that has seen the emergence of the ‘knockdown and rebuild’ phenomenon.
Brisbane based building company, McCarthy Homes have solutions and designs to suit any shape or size block, as well as a range of facades which consider council character codes (former DCP requirements); giving you the flexibility to still live in a modern home without building something that is out of synchronicity with the integrity of the neighbourhood.
Benefits of Knocking Down and Rebuilding
The rebuilding taking place across the city has many advantages including employment growth in the construction sector, reinvigorating and revitalising established areas, and providing investors with increased opportunities to purchase property close to the CBD or Inner City suburbs.
There is exceptional capital growth potential generated for savvy investors in the inner city development business, by replacing ‘run-down’ properties in quality areas with something more appealing to the market. In the absence of available land throughout large portions of Brisbane, ‘knockdown and rebuild’ is evolving into an increasing part of our landscape. Talk to McCarthy Homes about your vision; we can take the journey with you.