New venture for former league star
Former Australian rugby league international player Craig Salvatori is offering Byron Shire residents the chance to add a second dwelling on their property without the cost and inconvenience that often comes with traditional forms of building.
Parlaying a construction method developed for the mining industry into a residential housing option for locals, Craig’s Bangalow Building Co erects 80% to 90% of each home in its Bangalow Industrial Estate factory before completing the rest of it on-site.
“I sympathise with people having to share their home with builders for months on end, and having to live with the noise, dust and general upheaval that comes with building or renovating,” Craig, who has been a resident of the Byron Shire for nine years, said.
“With our system, we’re in and out of your life within a week.”
Thanks to Byron Shire Council recently scrapping Section 94 (developer) fees for granny flat developments, Craig says it is now affordable for homeowners to build a secondary dwelling “without having to fork out an extra $20,000-25,000”.
“It just provides that extra incentive for people who want to earn further income or add some more living space to their property,” he said.
Echoing the opinions of most locals, Craig says finding a suitable place to rent “can take months”.
“We really do have a problem in this area with affordable housing and it’s not uncommon for something to be advertised for, say, $450 per week before it goes into a Dutch auction where someone offers a hundred dollars more,” Craig said
With 90% of the work taking place at Craig’s factory, all that’s left is to put down the foundations, crane the building and sort out the plumbing and electricity.
“We build them here in less than 10 days, whack them on a truck and after a week or so they’re ready to be moved into,” Craig said.
“The all-steel construction is fast, easy and doesn’t move when it’s being transported.
“You also don’t get any cracks in the structure, so there’s no issue with repairs like you often find when relocating old Queenslanders.
“For someone spending a hundred thousand, they can expect to get back $350 a week in rent which, if you do the sums, is an 18% return on investment.”
While the floor plan will remain within council’s 60sq m eligibility guidelines, Craig’s factory-built homes will be tailor-made to suit the shape of the block and the homeowner needs.
“The great thing about this is you can add an extra 20 square metre deck around the dwelling, as long as you meet a number of criteria,” Craig said.
Injecting more than $200,000 into the local economy each week Bangalow Building sources 90% of its materials locally and the company employs up to 40 tradespeople.
“Everyone who works here lives within the shire, with most of the boys living within a two-kilometre radius of Bangalow,” Craig said.
For more information about building an affordable dwelling on your block, call Craig on 6687 0767 or visit www.bangalowbuilding.com.