Dual Occupancy Homes - Talk to the Experts
Experts in Dual Occupancy Development
With the price of land continuing to rise in Melbourne, dual occupancy homes are becoming a popular option.
If you live in the established suburbs of Melbourne you will find that block sizes can be quite large. If you are considering a knock down and rebuild you should seriously consider dual occupancy homes as an option and take advantage of a larger block.
Dual occupancy homes have filled a niche in the Melbourne new home market. All to often people that are looking to downsize only have townhouse or apartments as a new home option. These are often to small, have more than two dwellings on the one block and most importantly are governed by a stringent and expensive body corporate.
With dual occupancy homes you get to downsize your land but still have a spacious new dwelling located in the street and suburb you love. With the majority of dual occupancy homes built in Melbourne being side by side they are treated as a single home on a single block. This means that you avoid the body corporate, have individual services and a title free of any common property. With dual occupancy homes you will still enjoy a small front yard and a comfortable private court yard.
Remmark Homes is an experienced dual occupancy developer. More recently we have seen a big shift to dual occupancy homes to take advantage of the benefits offered by these types of buildings.
So you are seriously thinking of of building dual occupancy homes. What do you do with the second property?. This is where such development truly stands out with the numerous options available.
For some, building dual occupancy homes is a way of building two, selling one property to eliminate or substantially reduce the mortgage on the one you keep.
In other cases dual occupancy homes are a way of using the second property as an investment and generating an income stream immediately and into retirement.
For others its a clever way of using the equity built in their up by ever increasing land values to build wealth for the future.
For most however dual occupancy homes are a clever way of downsizing to a smaller home without having to leave the street you love and without substantially increasing debt.
For more information read our article http://www.renmarkhomes.com.au//unlock-your-propertys-potential-with-a-dual-occupancy-development/