Central Steel Build presently has a stall at the exciting Dressage With The Stars expo. This event consists of 3 days full of different equestrian activities, where the best young ponies and horses in the country compete in dressage, jumping and eventing. International judges decide on whom the crowning title of Champion of Champions is for one horse in each discipline.
Thursday 22nd March is the first of the three days of eventing, of which Central Steel Build will be attending 2 days. We look forward to how this equestrian function will assist us in becoming more knowledgeable and able to serve our EquinaBuild clients. See below the Central Steel Build stall at Dressage With The Stars.
5 Inspiring Design Trends for Australian Homes
Small is convenient and stylish
Minimalism is a trend that has taken over home architecture recently. This trend is driven by the current high prices of land pricing and the environmental cost of large homes. Also, the idea of living more simply without compromising quality of life is promoted by minimalism. In accord with this fad architects are needing to factor in the use of space and ease of living when designing homes.
Welcome back nature
The idea of bringing the garden inside the house has come to life in the last few years in forms of rooftop gardens, fern walls and interior design features that celebrate nature. Indoor garden elements bring in a less structured approach to design with a fresh and natural atmosphere.
The trend has been encouraged by largescale projects such as 2009 New York High Line elevated park and the latest Seoul Sky Garden project in South Korea.
Above ground pools
Above ground pools have become common recently in city houses, often around the same size or slightly larger than an inflatable pool. These pools are more design orientated than practical, with the purpose to provide a view of water from the kitchen or living area. They tend to vary in size, with some being big enough to swim laps in while others being only waist-deep in water.
For a long time now kitchens have been designed to be an open space in the centre of the home, with easy access from any room in the house plan. This is changing as more people are taking on the idea of a hidden kitchen called a ‘prep kitchen’. These small tucked away spaces allow for food preparation, necessary appliances and the mess of cleaning up to be hidden from sight. This idea allows for the ‘on display’ kitchen to follow a minimal design and be more of a social area in the house for when having guests.
Energy efficient homes
The ideas of energy efficiency and ecological design have found their way into modern architecture building and design. These homes do not only have a lighter ecological footprint, but they are trendy and in fashion at the moment.
Building a Warehouse as an Investment
Buying or building commercial property as an investment can be a great strategy, particularly for those looking for a consistent stream of income.
In the article below, we look at the return of investment of commercial and industrial properties and then take a look at how you can start investing.
One of the strengths of commercial properties as investments is their high rental return. While residential properties return only 3.4% of their overall value per year, industrial properties return about 8.1% of their total value yearly.
That’s a huge difference in a reliable stream of income.
So what’s the catch? There are a few. Let’s go through them:
Rental Income Risks
As always, a greater return indicates a greater risk. In regards to industrial properties & buildings, the high rental return relies on finding a reliable renter.
Residential properties are generally filled by tenants extremely quickly, but it can take months to find an appropriate tenant for a warehouse or factory space.
In any town or city, more space is allocated to residential building than industrial building. Finding a property to build on can be more difficult, and the council will likely hold you to tighter regulations before giving you building approval.
However, there is some goods news here. If you’re working with a trusted and experienced builder, they will understand regulations like the back of their hand. A quick phone call will give you an idea of what you can and cannot do. In these situations, your builder is your most important contact.
More good news: fewer people are building industrial properties than residential properties. This means you can often get industrial land for a better price, particularly if you choose your location strategically.
More Specific Needs
When building an industrial property, you’ll need to consider a number of requirements a tenant is likely to have:
- Access to highways.
- Space for heavy machinery.
- Appropriately large access points.
- Access to industrial utilities.
The location of your building is often extremely important, because location often provides value to the business operating out of it.
You need to make business as easy as possible to conduct from your space, so you will ideally find a place close to suppliers and other important networks.
Industrial properties tend to increase in value slower and steadier than residential properties.
Whilst residential properties have greater potential for capital growth, they also have a greater risk of going backwards.
How Much Does It Cost to Build An Industrial Building?
The average cost to build an industrial building is $166,065 AUD for the engineering, fabrication and installation of the building.
Site preparation, civil works, utilities etc are all additional costs.
For large factories over $400m2, the price can range from $100,000 – $400,000.
Rental return of residential vs. industrial properties: Property Observer)