Building a duplex is one of the best cost-effective strategies if you are looking to add more value to the property. Yes, a duplex house helps to reduce building costs, stamp duty, holding fees, council rates, insurance costs, strata fees, and more importantly, increase tax depreciation. In fact, duplex houses have a high return on investments as once built and subdivided, they could be sold for about $350,000 each, making you a profit of $100,000 within 18months. Also, each property could be rented out that gives a high ROI.
As good as its benefits sound, building a duplex for additional income doesnâ€™t work if you donâ€™t build it properly. This is because there are certain differences in building a duplex as opposed to a single-family home. If you are keen about building a duplex house, there are certain factors you need to consider, and here are they:-
Location of the land
This is one of the first things you need to consider when it comes to building a duplex house. Unlike family homes, duplexes are multi-family structures, and each town has its own rules and regulations regarding how the land can be used. So, when you are deciding on the location for building a duplex, ensure that you select the plot that allows for multi-family structures.
Infrastructure and utilities
Once you decide on the location, the next thing you need to consider is the infrastructure. You should consider things, including sewer, water, gas, and roadway development. The difference with duplex houses is that you are working with a large structure, so it is essential to consider the utilities and infrastructure.
Elements of the building
According to the local zoning laws, you are required to form the basic building form and elements that dictate the structure of the building, including roof, exterior wall cladding, dormers and gables, driveways, garages, and window treatments.
Landscaping in the front yard is essential for enhancing the beauty of sizeable building structures such as duplexes. Like the building design itself, the landscaping for either side of the duplex should emphasise the difference between the two units. Use the landscaping design in such a way it blocks the view into the parking areas.
Work with a reputed duplex home builders Sydney
A duplex house is a great investment that gives you promising rental income that you can save for your future. So, it makes sense to work with the duplex builders Sydney to make the most of your investment.
If you have any questions or concerns regarding duplex design, construction, and duplex builders Sydney prices, get in touch with our team.
|About Author Norm Doumit :|
The author is one of the best duplex builders Sydney. Along with the team of professionals, he assists you with architectural plans and government approvals to construction, completion and hand-over of the magical key. Visit https://quantumbuilt.com.au/ for more details.
Article Source: https://www.bharatbhasha.com
Article Url: https://www.bharatbhasha.com/home_improvement.php/495575
Article Added on Sunday, December 20, 2020
|Other Articles by Norm Doumit|
Tips for Designing a Custom Home Floor Plan
Congratulations on taking steps towards building your new home. From the living room to bedroom and kitchen to backyard and everything in-between, the house design you choose will help form a lifestyle for you and your family to make long-lasting memories which can be cherished forever.
If you have begun your research on floor plans and designs, it can be overwhelming to know the right plan as the design plays a significant role in your future experiences. Where should the rooms be located?...
Perks of Eco Friendly Home Designs
Letâ€™s admit it; we all have taken Mother Nature for granted. We have lost all the treasures which nature has given us. But, itâ€™s never too late. If you want to bring some changes, be the change! Eco-friendly practices are trending everywhere, and no wonder it has set its foot in home construction as well.
Everybody is talking about â€˜eco-friendly home designs and sustainable construction. But, not everyone knows what it means to be eco-friendly home construction and designs....
Tips for Designing Granny Flat
Adding a granny flat to your house is one of the smart investments as it offers a plethora of benefits. Whether you rent out the granny flat or rent it out along with your home, the extra income can help you pay down your mortgage quickly and can get your towards financial freedom faster.
What is a granny flat?
Granny flats Northern Beaches are one or two-bedroom hall kitchen tiny flats that could be used to accommodate family members, including parents who want to stay close to their...