Dual Occupancy | Knock Down Rebuild
Whether you are a homeowner or investor, sometimes, the block of land you have is more valuable than the home that sits on top of it. That is to say...are you getting a return on investment from your current property that matches what it’s actually capable of yielding.
Older homes often drain more money than they can give back. Restoration and repair can become a homeowner’s personal money pit, particularly when you start having to look at the electrics or the roof, for example. These homes are also less energy efficient. As a result, they cost more for you to run, and are less desirable on the open market where competition is fierce.
One of the best ways around the problem of a home that’s not delivering is to wipe the slate clean and start again. A knock down rebuild followed by a dual occupancy build doubles the return on investment and clears you from the complexities of not being able to compete with the competition.
The many benefits of the second home include:
● Use as equity
● Generate rental income
● Sell it to pay off/reduce your mortgage
● Provide for your superannuation
● Provide housing or additional assets for family
Whether it’s a duplex or a granny flat, there are great financial gains to be made with the courage and foresight to maximise returns from your land. Throughout Sydney’s western suburbs, our custom home designers are focussed on merging your budget with a high quality, high return on investment build that will both be a thrill to live in and economically viable in even the tightest market.
Sometimes, it's time to start over. Get in touch with our team to discuss how a dual occupancy build might be the best solution for you.
Getting Started
Like any relationship, we want to build from a strong foundation. We’d love to start by talking with you and finding out if your new home build can be turned into a custom dream. In our initial consultation, we’ll work together to find out if the spark is there while we discuss:
The scope of your project.
Your financial goals.
Your lifestyle goals.
Your budget.
Your proposed timeline.
Any unique or niche elements that need to be taken into consideration.
Next steps.
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