Dual occupancy homes offer several benefits and are an attractive proposition. They offer a great way to unlock the value of a property and make the most of the space. Dual occupancy homes consist of two dwellings in one property. Whether you are an investor or a homeowner, the versatility of dual occupancy homes makes them a popular choice. If you are considering the idea of building a dual occupancy home, read further to know the benefits.
Offers a Higher Return
With a dual occupancy home, you have two separate dwelling areas. This implies that you can rent out both the spaces and almost double the rent potential of the property. The return on investment is higher while the cost of maintenance is low.
Repay Your Mortgage Sooner
With a dual occupancy home, you can use the rental income to repay your loan. Moreover, you can avail certain tax deductions with dual occupancy homes.
More Space For The Family
Dual occupancy homes give you the opportunity to have more space within your home to comfortably accommodate an extended family. It also opens the possibility of having parents stay closer while having sufficient space.
If you plan to build a dual occupancy home, the cost of construction might be almost the same as that of a larger house. However, the cost of land for each dwelling is almost half. While you get to build your dream home, the additional home opens amazing possibilities. The financial rewards offered are amazing and you can add design features like an independent entry to suit your plans and needs.
Increase the Value of Your Site
The flexibility offered by dual occupancy homes make them an appealing option. By building more than one home in a single plot, you can generate extra income. Moreover, by subdividing the dwelling, you can increase the value of the site and reap rich returns in future.
There are wide design possibilities and you can consider building the dwelling behind each other or side by side. Based on your preferences, you can hire the service of renowned builders to consider the options. of renowned builders to consider the options.
Dual Occupancy Builders in Melbourne
Looking for trusted dual occupancy builders in Melbourne to increase the investment potential of your property?
At Transformer Homes, we have wide experience in designing dual occupancy homes for our clients across Melbourne. Our custom-designed solutions enable you to create functional and stylish spaces to precisely suit your lifestyle requirements. Our professionals are brimming with ideas and will be happy to help you at every step of the process. No matter the complexity or scale of the project, we possess the expertise to offer an outcome that will be admired. Our skill lies in offering tailored solutions and we take utmost care to make it a seamless experience for you. Let’s connect to discuss your ideas ad we will be happy to take you through the design possibilities.