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09 May 2024

Selling Houses Australia: Season 16, Mermaid Waters

SELLING HOUSES AUSTRALIA

Turning an investment property from a liability into an asset

When Bec and Jared Wiseman decided to purchase an investment property in the Gold Coast suburb of Mermaid Waters, they had absolutely no idea things wouldn’t go to plan. However, shortly after the purchase their builder quit, Bec lost her job and interest rates soared – putting the couple under considerable and unexpected financial strain. 

Unfortunately, Bec and Jared couldn’t even recoup the money they spent on the home – with attempts at a sale coming in around $300,000 less than they had originally invested. While the home was in a great location and on a good-sized block, it had a strange layout and an 80s aesthetic that was very much in need of an update.  

Facing a grim financial situation, the couple turned to the Selling Houses Australia team for help. 

An interior re-structure

The main problem with this house was its layout. Even though it had four bedrooms, three of them were located at the rear of the home – blocking the flow to the outside entertaining space. 

The kitchen and dining area was located at the front of the home, and the kitchen was considerably under-size for the scale of the property. 

A major priority for the Selling Houses team was therefore to address this layout. They knocked out several walls, and moved two of the bedrooms to the front of the home, creating a generous open-plan living, kitchen and dining area that flowed seamlessly to the outdoors. 

From concrete carport to tropical oasis

For a Gold Coast home, a large entertaining area is a key priority. This home already had a decent-sized garden and pool – yet the flow of the house, and the state of the outdoor space, meant it wasn’t fully utilised. 

The previous outdoor area was also heavy on the concrete. Dennis and team focused on pulling this up and laying turf, as well as a timber-stone paved area with seating and a BBQ. 

A smart new Luxaflex® Folding Arm Awning was also installed, to enhance the usability of the outdoor area, year round.  

Here on the Gold Coast, it’s never long before the sun comes back out, so this awning is perfect for keeping things cool and adding a touch of Mediterranean flair.
Dennis

New French doors which open onto the patio were also installed, creating a seamless connection between the indoor and outdoor spaces.  

Managing the flow of light with window coverings

The orientation of this home was, previously, somewhat skewed, and the natural flow of light was obscured. Wendy and the team were careful to position the new windows to ensure the interiors were bright and light-filled. 

A range of new Luxaflex® window coverings played a key role in helping Wendy both manage this flow of light, and create a sophisticated feel throughout the home. 

This included Luxaflex® Duette Shades, which were installed in the bedrooms. As well as helping create peaceful sanctuaries for sleep, these luxurious shades also trap air within their honeycomb-shaped cells – providing a layer of insulation that keeps interiors cooler in summer and warmer in winter. 

They also chose Luxaflex® Pirouette Shades for several of the windows. Exclusive to Luxaflex, these shades feature softly contoured, front-facing fabric vanes which are attached to a sheer backing. During opening and closing, the vanes move in tandem – creating a fluid and graceful effect. These shades also create a soft interior look that filters sunlight and ensures optimal privacy. Luxaflex® Curtains were also used to add a sense of elegance and softness – gently filtering light while also ensuring optimal privacy.

Back on the market

Bec and Jared were eager to put their home on the market – hoping desperately for a sale price above the $1.55 million they initially paid. They were thrilled to sell for $1.65 million, especially after finding out they would soon be welcoming a fourth child into their family. 

If you’re interested in finding out more about the window coverings used in this renovation, please get in touch with the team at Luxaflex today. 

Duette® Shades

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Pirouette® Shadings

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Folding Arm Awnings

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