NewsPronto

 

Real Estate

  • Written by NewsServices.com


Dual occupancy homes are when you build two similar or identical homes on the single block of land, ensuring property owners across have the flexibility and freedom to do what they want with their land. 

They have become incredibly popular throughout the Brisbane region and for good reason. They have the potential to double your investment through building a similar dwelling on the same block of land. 

This, of course, is the ultimate benefit of having such a property, but it doesn’t end there, as the best dual occupancy homes Brisbane has provide endless value for savvy investors looking to maximise the return on the one-time investment. 

Let’s take a look at some of the other reasons why you should seriously consider one of these awesome money-making investments: 

  1. They increase your property value 

But first, that big main point: these types of dwellings have the potential to exponentially increase your land value. If you ever consider selling your home, there can be some seriously beneficial returns on your investment as you can split the property and sell the dwellings individually. 

  1. Multiple people can live together but with privacy 

Dual occupancy homes are perfect for families who have older children or elderly loved ones living at the property. This is because you can occupy one of the dwellings whilst your loved one lives in the other, ensuring you can be nearby but with the space and privacy you may need from time to time (as we all do, right?). 

What’s more, this type of dwelling increases your property’s security, as your neighbours are your relatives and will be there to watch out for your home. 

  1. You can sell one and still live in the original 

These outstanding investments are renowned for their versatility, meaning you can also sell one of the dwellings whilst continuing to live in your own. Naturally, you may not have the specific need for that second house, and therefore you may instead want to downsize a little whilst getting an amazing return on your investment. 

Well, this is why the dual occupancy home is the ultimate way to go. 

  1. You can lease out both homes 

Or, if you don’t feel the need to live there at all, you can even rent out both properties, making it an incredible investment if you prefer to live elsewhere or in a different state/country etc. 

You will simply receive the ongoing income from the property as you would leasing out any other form of property, making it perfect for people looking for some flexibility in their homes. 

  1. … Or you can sell one & lease the other 

Okay, so we’re really seeing an ongoing theme here, and that is that these types of properties are an amazing investment in financial and real estate flexibility. 

You have the freedom to do what you want with both houses, after all, they’re your houses, and so you can sell one and lease out the other if you want to get rid of one of the properties whilst maintaining a passive income from the other - what’s not to love about that! 

So, is this investment what you’ve been looking for? 

As you can see, these types of properties come with some pretty amazing advantages. With so much freedom to what you want with the one property, it’s easy to see why Brisbane homeowners are making the switch to multi-house residencies. 

So, if this investment is perfect for your block of land, perhaps it’s time to contact one of the best builders Brissy has available?