Supply and demand is the key driving fore 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 ‘knock down and rebuild’ phenomenon.
Brisbane based building company, Abbott Builders have solutions and designs to suite any shaped 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.
The rebuilding taking place across Brisbane 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.
There is exceptional capital growth potential generated for savvy investors 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, ‘knock down and rebuild’ is evolving into an increasing part of our landscape. Talk to Abbott Builders Qld about your vision; we can take the journey with you.
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