What is Dual Occupancy Housing

Author: Victoria

Date: 20/09/2020

Have you heard the term Duplex floating around but don’t really know much about it? 🤔

Well, we’re here to shed some light on the subject so you can make a concise choice when looking to build your first home, invest in the housing market for the first time or expand your existing portfolio ✅

👉 Cost

Duplexes have the added benefit of being two homes on a singular block of land. This is extremely valuable if investing, as it unlocks the potential to make double the return on investment.

👉 Valuable Learning

Building a duplex is a great introduction to the property market. Not only does it allow you to earn an additional income, if you also choose to live in one of the homes, you can keep a close eye on your investment, your tenants, and the condition it’s kept in.

👉 Maximized Potential

Duplex house designs and plans maximize the use of space on your land. Filling your land with two houses means very little to no waste, directly resulting in a reduction of landscaping and maintenance required, therefore cutting costs and time.

👉 Option friendly

The ways your duplex can be utilized are virtually endless, If choosing not to rent it out you could let friends and family stay when needed, or you could use the duplex as a location for small business or practice.