Dual occupancy builders Bayside
Are you looking to develop a dual occupancy property in Bayside?
Many home owners are looking to build a new home and may consider developing a dual occupancy or duplex
Dual occupancy is a popular option because they are a high-yielding and high-growth investments. However they require a higher upfront financial commitment than if you were building a single freestanding home. It is usually cheaper and make more sense to build a dual occupancy than it is to build two separate freestanding homes because both dwellings are on the same block of land.
create great equity buy building a Dual Occupancy
Home owners can create great equity by developing 2 or more lots on their block with the potential to increase $250,000+ (depending on location) instant equity in about 18 months’ time period.
So why build a dual occupancy or duplex, and how do you go about it? Firstly a duplex is a residential building that has two units under a single roof and dual occupancy is two separate units under two separate roofs. In a dual occupancy, each unit acts as a totally separate home with its own amenities, entrance and yard. Both units can be on a single title if you have not subdivided the units, which would mean you would have to sell both units together.
Often, people wonder why you would build a dual occupancy home and take on such a project. There are dozens of benefits that come with building a duplex, especially if you use a specialist development manager like 2ORMORE that will manage the whole project for you, from start to finish.
So why build a dual occupancy or duplex, and how do you go about it? Firstly a duplex is a residential building that has two units under a single roof and dual occupancy is two separate units under two separate roofs. In a dual occupancy, each unit acts as a totally separate home with its own amenities, entrance and yard. Both units can be on a single title if you have not subdivided the units, which would mean you would have to sell both units together.
Often, people wonder why you would build a dual occupancy home and take on such a project. There are dozens of benefits that come with building a duplex, especially if you use a specialist development manager like 2ORMORE that will manage the whole project for you, from start to finish.
Some of our Dual Occupancy & Multi-Unit Developments
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