Turning a single block or property into two dwellings on separate titles can significantly increase the value of a property and dramatically fast-track your equity. This instant uplift can then be used to purchase additional property or payoff mortgages far quicker than traditional investment options. Plus, you’ll collect two secure income streams rather than one. At PropertyLab, we find these great results often come in the form of duplexes or dual key builds.
By investing in dual occupancy property you open yourself up to multiple ways to profit. You can sell both properties at completion for a potentially large and immediate profit, sell one and keep one to pay down existing debt and still receive healthy income and capital growth. Or, you can simply hold onto both for the long term for an ultra-high rental yield and positive cash flow.
If this sounds like something you’d like to achieve, speak to our team today and we’ll help determine whether this could be the best property investment option for you.