Complete transformation of façade to increase street appeal and uplift value.

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1 BEFORE AFTER This week, Top Renovator Cherie Barber lends her expert skills to a couple who are planning a complete internal and external renovation on their newly purchased investment property. What this couple lack is the funds for a complete overhaul and with cash running low, they re in need of a quick uplift in value. Stage 1 is a front façade makeover. Will Cherie and her team be able to create a small lump sum profit from a front façade makeover that can be used to complete the internal renovation? Once the property is fully finished, they plan to get a bank revaluation done on the property with the hope that the increased equity will help fund construction of a new dwelling to the rear. Can Stage 1 of these grand plans be bought to fruition? Cherie Barber is a professional renovator, highly sought after public speaker, educator and media contributor. In 2001, Cherie threw in her full-time marketing job at the end of her first renovation, which saw her earn more money on the weekends renovating than her full-time employment. In 2009, she established Renovating For Profit, a company designed to teach everyday Australian s the nuts and bolts of renovation as a profession. She now juggles renovating with her national public speaking, media & business commitments and believes that once you have the right knowledge, anyone can do it!

2 Complete transformation of façade to increase street appeal and uplift value. Disguise brick work with render to create clean lines with modern twist. Create bulk and scale with the addition of a new front fence and timber entrance screen. Simplify landscaping by removal of excess foliage and addition of smaller garden beds. Addition of driveway to provide dedicated space for two car off street parking. Property Value Before Renovation: $ 325, Renovation Spend: $ 5, Renovation Timeframe: 3 Days Property Breakeven Point: $ 330, Property Value Post Renovation: $ 345, Profit Margin (After Reno Costs): $ 14, Please Note: Profit Margin does not account for owners other costs prior to the renovation (eg: stamp duty, legal fee s & holding costs estimated to be $20,000 approximately). This is a staged renovation with the front façade makeover as Stage 1.

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4 CEMENT RENDER Rockcote Textured Render Tinted to: Dulux Woodland Grey Phone: DRIVEWAY Road Base compacted with 10mm Metal Aggregrate on Top With Stoneset Pour On Gravel Binder Phone: CUSTOM MADE LETTERBOX: Made from old iron sheets from rear shed of property Letterbox insert purchased from Bunnings. GARDEN BED SLEEPERS: Treated Pine Garden Sleepers PLANTS Recycled clippings from back yard free

5 TRADIES USED CEMENT RENDER: Drastic Improvements Pty. Ltd. Contact: Virgil Phone: ROOF SPRAYER: Austek Group Pty. Ltd. Contact: Roger Abourjaily Phone: DRIVEWAY Stoneset Installer in conjunction with Cherie. Please Note: Labour & product donated free of charge however this is a D.I.Y. (Do It Yourself) product that does not require an installer. DIY TRADE LABOUR: All other DIY works were performed by the home owners (Jacqui & Murray) in conjunction with Cherie and her Renovating For Profit Trade Team (Mick, Hilly & Monty).