2 Incomes from one property is an investors dream – & pay stamp duty on the land only…
These highly sought after Duplex type builds are rare in this estate. Less than 5% of lots released are allowed to build Duplex style units making these unique and desirable.
An investor after completion can:
- Strata title them and sell them both making a quick tidy profit
- Keep both as rentals achieving above 5% rental yield
- Benefit from this regions capital growth above 8%
- OR sell one and keep one….
Land price direct from developer $480,000
Construction contract with Dwyer Quality Homes $835,000
Total package price $1,315,000
