Frequently asked questions

Can you do this yourself?

Yes – you can purchase and renovate your own residential apartment. However, purchasing a Fiducia property enables you to:

1. Generate value through the renovation of the interior and exterior of the building as well as all common areas including landscaping of the grounds. If you were to purchase yourself you can only renovate the interior.
2. All units in the block are renovated to the same high standard at the same time. This overall improvement of the building makes it more appealing to prospective tenants and will improve the overall appeal and quality of these tenants for all purchasers.
3. We are very experienced in project managing the renovations to ensure that the tradespeople deliver good quality finishes on time and on budget. This is next to impossible for an individual working full time.

1. Generate value through the renovation of the interior and exterior of the building as well as all common areas including landscaping of the grounds. If you were to purchase yourself you can only renovate the interior.
2. All units in the block are renovated to the same high standard at the same time. This overall improvement of the building makes it more appealing to prospective tenants and will improve the overall appeal and quality of these tenants for all purchasers.
3. We are very experienced in project managing the renovations to ensure that the tradespeople deliver good quality finishes on time and on budget. This is next to impossible for an individual working full time.

Why wouldn’t I buy a brand new apartment?

You could buy a new apartment however:

1. A new property in the same area will be typically MUCH more expensive. Usually there is a substantial difference in price.
2. Many new developments are in very large projects and the units are identical to one another. This means that at any one point in time there may be a number of similar properties on the market. A poor or urgent sale can adversely affect the value of your property. This is far less likely to occur in a boutique, smaller block.
3. When the larger properties come up to settlement, there is generally an over-supply of rental properties hitting the market at the same time as well as a number of investors trying to sell to realise potential profits immediately. This will add to the volatility of the properties prices and make renting more difficult.
4. The Fiducia blocks are in great locations and established suburbs. Our properties, in smaller blocks, always rent the fastest. Just ask any local property manager!
5. Because of the renovation process there are substantial depreciation allowances available. There is even depreciable value in the old items that are discarded! Fiducia Group supplies a depreciation allowance through BMT & Associates on all properties sold (at our expense).
6. Value (capital gain) is realised in the transformation process from old to new. It is usually impossible to do this in a new apartment because they are already sold and marketed at full value!

1. A new property in the same area will be typically MUCH more expensive. Usually there is a substantial difference in price.
2. Many new developments are in very large projects and the units are identical to one another. This means that at any one point in time there may be a number of similar properties on the market. A poor or urgent sale can adversely affect the value of your property. This is far less likely to occur in a boutique, smaller block.
3. When the larger properties come up to settlement, there is generally an over-supply of rental properties hitting the market at the same time as well as a number of investors trying to sell to realise potential profits immediately. This will add to the volatility of the properties prices and make renting more difficult.
4. The Fiducia blocks are in great locations and established suburbs. Our properties, in smaller blocks, always rent the fastest. Just ask any local property manager!
5. Because of the renovation process there are substantial depreciation allowances available. There is even depreciable value in the old items that are discarded! Fiducia Group supplies a depreciation allowance through BMT & Associates on all properties sold (at our expense).
6. Value (capital gain) is realised in the transformation process from old to new. It is usually impossible to do this in a new apartment because they are already sold and marketed at full value!