Dual Occupancy Properties
Jason at Blue Moon Property specialises in Selling, Buying, and Managing Dual occupancy properties in Brisbane North, Brisbane South and the Ipswich region.
If you are considering selling your dual occupancy property, there are 3 key factors we need to implement several months before you are wanting to go on the market if you want to achieve the highest price possible.
These 3 key factors are a big reason we are consistently recording record prices with our Dual Occupancy Property sales. Assisted by our large database of investors throughout Australia that are looking to buy and sell Dual Occupancy properties.
A big percentage of our Dual occupancy property sales are done off market through this database, if you would like exclusive access to pre market and off market high-yielding investment properties, transparent advice, and a sales agent with a proven track record.
Get in touch with Jason today – 0403 623 863
What is a Dual Occupancy Property?
Dual occupancy home are two dwellings on a single title. They are attached with a common wall and sometimes share features such as front yard and car parking access. Dual occupancy properties are similar to duplexes; however, the critical difference is that a dual occupancy can’t be strata-titled.
The perfect location for dual occupancy homes are in suburban neighbourhoods. Residents enjoy similar living arrangements with lower maintenance and housing costs, a perfect living arrangement for multi-generational living.
Why Investors Love Dual Occupancy Properties
- High Rental Yield: Dual occupancy properties typically generate higher rental income compared to single-family homes. With two units to rent out, investors can maximize their cash flow and achieve better overall yields.
- Increased Demand: With a growing population and rising housing demand, dual occupancy properties appeal to a wide range of tenants including families, students, and young professionals seeking affordable housing options, allowing tenants to live in a property that is financially accessible.
- Flexibility in Use: Owners can choose to live in one unit while renting out the other, creating a convenient way to offset mortgage costs. Alternatively, both units can be rented for maximum return on investment.
- Tax Benefits: Investors may benefit from various tax deductions related to property management, maintenance, and depreciation, enhancing overall profitability.
- Reduced Vacancy Rates: The ability to appeal to a broader tenant base often results in lower vacancy rates, ensuring a more stable and reliable income stream.
- Easier Management: With both units under one title, management can be more straightforward, reducing the complexity and costs associated with managing multiple separate properties.