Dual Occupancy Homes are the new trend
If you are thinking of investing in new property then you might consider dual occupancy.
A dual occupancy property is where a property has two separate dwellings located on a single title. Generally both residences will have separated internal entrances and each side can be leased out to different parties (different Council rules vary).
Quick Dual Occupancy Advantages:
- Yield: Due to being able to let out two properties, dual occupancy’s are able to collect two rents and increase the yield available.
- Cost: Dual Occupancy properties are a cheaper option in most instances than a duplex, as there generally are less Council fees and town planning costs, no strata fees, only one set of rates, and lower land costs.
- Attractive designs and facades: We have worked with a number of developers and architects to refine the look of our dual occupancy designs. We have been able to achieve a smart and attractive look to our designs.
- High Depreciation: Due to the additional fixtures and fittings, and second kitchen and bathroom; there are higher amounts of deprecation claimable for dual occupancy properties than standard house and land packages.
- Good Rentals: Our experience has shown that the auxiliary dwellings and also the larger dwellings have proved very attractive as rental properties. Particularly due to the areas in which we have chosen for our investments, the smaller one and two bedroom accommodation is in high demand.
Doubleincome.com.au came to us to seek assistance with their on line performance for terms such at Dual Occupancy.
We are pleased to assist Capital Wealth Property with their needs to assist them to find more clients for their dual occupancy homes online on search.