Apartment developments are often more attractive projects for potential investors than traditional developments such as duplex or triplex projects. When you choose to build apartments as opposed to units or townhouses, the land value of course remains constant, but the potential profits, capital returns and rental yield may be much greater.
If you drive around the Perth metropolitan area you will see 2 storey townhouse developments are becoming more commonplace where easy access to public transport is available. Two storey townhouses are the ideal development choice to increase the amount of rooms in a dwelling as well as maximising rental returns or resale value.
Multi-unit sites (including quadruplex sites) are generally a more complex project than a duplex or triplex development because the local council is required to consider a range of additional factors. Choosing the right building partner for your project is essential. You need a property development specialist for a job of this magnitude.
More suburbs in Perth are now allowing you to build 3 investment properties on 1 site. While there are a few other factors to consider, you can usually undertake a triplex subdivision with R30 zoning providing your block is 900 square metres or larger.
Split your block down the middle to build two quality investment properties. Choose to build one behind the other or add value to your investment by giving both properties street frontage. Our designer elevations will ensure your homes offer genuine street appeal.
If you have a suitable block with the right zoning, we can build either in front of, or behind, the existing home. Let us help you through the subdivision process and unlock the profit in your backyard!