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Dual occupancy builders Bayside

You can increase your home EQUITY greatly by developing your block of land into 2 or more lots (STCA).

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.
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Our Dual Occupancy Services in Bayside

TOWN PLANNING PERMIT
DUAL OCCUPANCY HOME DESIGNS
DEVELOPMENT MANAGEMENT SERVICES

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.

Benefits of dual occupancy investment In Bayside

Greater Income
With two tenants in two separate dwellings paying rent, you receive a much greater income from two properties on the one block.
Minimal Outgoings
You have two dwellings but only have one rates bill (if you choose not to subdivide) and no body corporate fees!
Tax Benefits
The tax deductions on a Dual Occupancy home are greater (higher depreciation schedules from the construction of two dwellings), meaning more money back from the tax man!
Positive Cashflow
Higher rental income from two dwellings, larger tax benefits from higher deductions and a lower purchase price (one block of land not two). This means your Dual Occupancy Home may be Cashflow Positive.
Reduced Risk
With two potential rental sources from two different tenants, if one is vacant the other property is still working for you. Risk of no tenants is diversified and reduced.
Affordable Purchase Price
With only one block of land, the total price of owning two income producing properties is reduced.
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Some of our Dual Occupancy & Multi-Unit Developments

If you own an investment property or home and is thinking about building a dual occupancy or duplex, please contact us for a free site assessment and discuss how we can help create your wealth.

free assessment
Managing Your Property Developments To Deliver Superior and Custom Outcomes
  • Project Feasibility
  • Concept Design
  • Town Planning Permit
  • Building Permit
  • Subdivision
  • Tender Documentationc
  • Construction Superintendent
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info@2ormore.com.au +61 418 962 075Brighton, VIC 3186

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