Sunday, February 7, 2010

Metricon Liberty for sale; Mont Albert. Redevelopment for fun & profit!

Of particular interest to us is the building of a volume builder's house (eg Metricon, PD, Henley etc) in established suburbs. While their houses are more often seen in estates (simply because... well, that's where people tend to build more houses!) there are certainly plenty of redevelopments going on in established suburbs.

Just drive around any established suburb for half an hour and you can pretty much bank on seeing some vacant land with temp fence, or 3 townhouses going up where one house used to exist, or one huge new place being built up. For us, we chose to sell our old house, buy a crappy house on a good street, and redevelop the site with our dream house. Doing this ourselves saved literally hundreds of thousands compared to buying a new house that some else developed (for more info check the Dec 09 blog entries about the Nolan auction in Lawford St).

Of course, it's not an easy process if you've never redeveloped a property before - weve both learned a lot about the redevelopment process, that's for sure! And by doing this blog, hopefully giving some help to others who are going through the same process.

So anyway, getting back on topic, we like to see new houses by project builders go on sale, because we all get a chance to stickybeak, but also to see how other redevelop projects have gone.

We were driving down Whitehorse rd the other day, and there was a house that I always thought could be a Metricon design, as it looked very similar to some of the facades on the website. Yesterday, driving past, we saw it had a "For Sale" sign up - so of course, after a bit of investigating, we were able to find it on Domain!

A "double balcony" is an interesting look - not sure how often it'd be used on a busy road like Whitehorse Rd though! Bricks could be Austral Nougat, quite light. Nice big flat eaves complement the wide balconies too.

The kitchen displays the typical Metricon L-shaped island bench layout. Additional cupboards over the fridge recess, and banks of 2 pot drawers either side of the stand-alone 900mm cooker (be interesting to see whether it's Baumatic or something else). Looks like a cavity door to the butlers pantry too. I'm not sold on the floor tiles - the ones in Lawford St were much better (though probably much more expensive). The white stools with the backs look nice but maybe a little too high? Also note the microwave perched on the bench near the cooker; you can option a microwave recess in the island bench which hides the microwave nicely - we got it included in our promo deal, its a pretty standard inclusion now.

(And by the way, this house is a Liberty 42 floorplan)

Main bathroom. Actually, it's similar to our tile selection, except we went with a lighter grey floor tile. Get rid of tha upright cabinet taking up all the floor space and it'd look much better!

Rear; outdoor room with lots of decking. Look over the rear ground floor windows for standard infills; we upgraded to brick infills - I just don't like the look of the stuff over the windows!

Of course, there's no price provded on Domain. The important details are that it's in Mont Albert, on a huge block of about 1000m with right-of-way access to the backyard, and the house is maybe a couple of years old and (should be!) in great condition still. Though it's on busy Whitehorse Rd, opposite a bunch of fairly unattractive shops (no cafes or newsagents), I'd reckon this would go for at least $1.7m - what are your thoughts?

Anyway, I'll be at the first open for inspection next Saturday 13th and at the auction on Saturday 27th, maybe I'll see some of you there. Say "Hi" if you run into me - asian guy with glasses [yeah that narrows it down!], probably clutching a detailed set of construction plans for our Nolan. Renee & Tom I expect to run into you again! :). Details and more pictures are here on Domain

evie & ian: Welcome to our blog! What stage are you up to in construction of your house? We are planning to get an inspection done at preplaster and final handover. We got a slab invoice on Friday and I'll pay it on Monday.

Phew, what a massive blog entry, hope you guys like it! And by the way, there's a new feature under this post where you can click on a Reaction to give us some quick feedback. For example if this blog post was Helpful, click on the relevant button and we'll know to continue posts like this. Of course, if you want to leave a specific comment (which we will reply to in a following entry) click on the Comments link and type away there. The more feedback and comments we get, the more we feel our blog is useful to people!



  1. Hi Tim & Tina,

    Think your blog is fantastic & enjoy reading all the information you provide.

    We are building the Stanton with Metricon and received our building permit the same time you did. We are currently approaching lock-up so it is very exciting.

    Your info regarding cabling for the cinema was very helpful.

    Looking forward to seeing your progress.

    Ben & Dana

  2. Hi Tim & Tina

    How do you find these Metricon builds? (you are AMAZING!)

    Wait until I tell you about the slab we are getting (will blog towards the end of the week after our M appointment Wednesdsay). All I can say is that it will be bomb proof!!

    Might see you on Sat, thanks again.

  3. It is helpful, interesting. Can't wait to read more and the pictures are lovely. More the merrier!!!

    M building with metricon too..

  4. We love your blog. We're building Lindrum52. We have just paid an initial deposit so there is a long road ahead of us. Keep writing please.



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