Do you have a large block? Is the house not worth retaining? A duplex is a good way to enter into the property development market and is an affordable alternative that can reap exceptional returns. Depending on the size and shape of your block you may choose to build the units one behind the other or side by side. A duplex development gives you the potential to build two low maintenance dwellings perfect for the rental market, sell both homes and pocket the profits, or move into one of the units and sell, or even rent the other out for some additional income. Or build one simple home to sell and help fund your dream home next door.
Investment opportunities abound with a duplex development.