DUAL LIVING FOR INVESTMENT OR LIVING
The G Developments dual living series is an excellent investment opportunity that combines a great mix of contemporary architectural features. It is designed to be adaptable and useful for both individuals and families.
Dual occupancy homes tend to attract a number of different types of buyers, including people who want to live in one of the dwellings and passively earn income off leasing the second dwelling. They also attract families with older children or elderly parents, so they are able to stay close by while maintaining the independence of their own dwelling.
Whether you’re thinking about becoming a property investor or you’re looking for another property investment, there’s a growing trend you should know about that’s revolutionising the investment into Australian real estate.
Easy conversion to single property
They also have separate power and water systems. Dual living properties are fast growing in Australia, and they’re offering a great new opportunity for property investors with their flexibility and affordability.
INFORMATION FOR INVESTORS
Although the idea of having multiple dwellings on a single property is not new, they typically come at a high cost: If you buy a duplex, you will either have to pay for two properties or a separate granny flat.
Like a duplex, dual occupancy homes are two houses on one block of land, but you only pay for one of them. This is their primary distinction. Due to the fact that they cannot be strata-titled, dual living properties cannot be subdivided. However, they cost $100,000 less than a duplex.
You can still get a better return on your investment by having two rental incomes. Homes designed for two people can have separate entrances and utilities, making them completely separate properties that can be leased separately.
They will have the same roof as a duplex, but because they are not strata-titled, they will be considered one property. This means that they will have lower fees, like council and water rates, and their purchase price will be lower.
Rental income
The potential for positive gearing that dual-living properties provide is one of the most important selling points.The majority of buyers are investors, and it is not difficult to achieve positive cashflow.
Reduced fees
If you still aren’t convinced of the advantages of dual-living homes, you might be sold on the savings on their upkeep. The ever-increasing fees and rates that investors must pay throughout the fiscal year are one of the greatest obstacles to holding onto an investment property. Dual living properties eliminate this problem.
From the outside, dual-living properties resemble typical family homes, with the exception of the multiple letterboxes. You only pay one set of council and water rates because the property has a single freehold title, unlike apartments or duplexes, which have body corporate fees.
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Why You Need to Choose Us
One of the things that sets G Developments apart is our amazing range of unique, eye-catching designs that suit your needs, budget and block.
What Makes G Developments Different
G Developments offers points of solution and convenience that are unsurpassed by other businesses in the same industry.
Affordable New Homes
We offer excellent value with our affordable house and land packages.
Cost effective investment homes
We source products and build investment properties with capital growth being the main objective.
Excellent quality inclusions
Full turn key
You can relax knowing your home truly will be a 'move-in ready' solution.
Quality Assurance
G Developments strict quality control methodology enables our team to evaluate and identify construction standards that best satisfy.
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Split Level Construction
Take a look at our split level designs, our builders can also tailor other designs to suit sloping blocks.
A 6 year structural Warranty
For defective work claims, structural defects are covered for six years.*
Engineering, Council and Certifiers inspections
Our in-house team of certifiers inspect and approve building work to make sure it complies. Saving you time and money!