CAN A DUPLEX WORK FOR YOU?
With a price point starting from high $500,000’s duplex builds makes an affordable, cash flow savvy investment decision.
We partner with reputable builders who provide our clients with full turn-key builds on fixed price contracts. The all-inclusive package means window fittings, landscaping, driveways, letterbox and clothesline are all included.
We recommend all investors obtain a depreciation schedule, this, partnered with the builders warranty, makes these newly built properties a reliable investment decision.
The locations we look to build in must pass standard investment criteria that includes, proximity to schools, access to major arterial roads, amenities, public transport and the CBD.
Our clients love the finishes on these builds and they are ready to be rented out efficiently without prolonged build times.
Like dual keys, duplexes are purchased on 2 contracts – one for the land and one for construction, you only pay stamp duty on the land component which often reflects a saving of $10,000.
The 2 incomes provide strong rental returns of around 6-6.5%. Our clients have experienced no extended vacancy periods and market demand on these products has been very strong.