Wayne and Nicole Greenstreet are renovating their fourth removable house. Their latest project is at Deagon. Pic Annette Dew
Experienced renovators Nicole and Wayne Greenstreet know how much fun and lucrative it is to rejuvenate a preloved removable home and flip it.
The dedicated couple is now sprucing up their fourth removable home, a workers cottage they intend to place at the front of a large block at Deagon on Brisbane’s northside.
Previously they had flipped established houses but in more recent times they have turned their attention to giving makeovers to relocatable ones.
Ms Greenstreet said it was more economical to bring to life a ‘character home’ than build or renovate an established house given the cost of materials and the rising cost of house prices.
“We’re on to our fourth one now, but we have flipped a lot of houses and owned properties outright,” Ms Greenstreet said.
Wayne and Nicole Greenstreet at the ‘removable house” they are renovating at Deagon house. Pic Annette Dew
“We have a house on a block in Deagon already and we are sliding that back and putting the worker’s cottage up the front.”
Removable homes can be as cheap as $65,000 for a two-bedroom cottage and up to $200,000 for a large Queenslander.
The cost of low-set restumping and plaster repairs are included in the sale price as well as transporting the house within 100km from where it stands.
However, services must be connected before it becomes habitable.
Ms Greenstreet said anyone wanting to renovate or even just a paint a removable home was able to do so before it was moved.
“You don’t have to wait weeks or months for it to be moved before you start renovating,” Ms Greenstreet said.
The demand for relocatable houses has dramatically increased following a rise in building costs and property price rises. Picture: Mackay & Sons
“The good thing about removable homes is that you are allowed to do work on them before they move, so you can paint it and have it ready for when it arrives.”
Ms Greenstreet, who also works for Mackay & Sons who relocate houses, said one of their clients had flipped several houses on south Moreton Bay islands.
“You don’t get a lot of people flipping them, but we have one owner who has flipped seven homes on the Redland Bay Islands,” she said.
She said anyone looking to renovate or flip a relocatable home should keep a few things in mind and not rush into it.
“We recommend a soil test and a bush fire report and make sure there is sewerage that it can be connected to,” she said.
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