With two masterfully designed homes built on the same block of land, you immediately maximise the potential of any block, which is why Duplexes are considered high growth and high yield investments.
If you’re new to property investment, Duplexes are an ideal way to enter the market as they generally attract higher rental rates than apartments. If you decide to build a Duplex, you can live in one of the Duplexes and can easily rent next door to monitor your tenants for more peace of mind.
Renting out both Duplexes will give you a great revenue stream, which you can use to pay off your current mortgage, invest in shares or take a well-earned holiday!
What exactly is a Duplex?
A Duplex is generally defined as two separate homes built on the same title, often connected with a common wall and with separate entrances.
A Duplex maximises the potential or any block of land because rather than just building one home, you now have two without paying additional holding fees, insurance, council rates and other costs.
When you build a Duplex to have both the properties rented, two income streams ultimately achieves positive cash flow and high-interest return over time. People are drawn to the Duplex lifestyle as they provide all the space and liveability of a conventional home (complete with exterior areas) but with much less maintenance.
Allcastle Homes brings the same quality of craftsmanship, expertise and innovative designs to our unique Duplex range. Talk to a specialist Allcastle Homes consultant today and find out more about how you can double your investment opportunities.
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