Multi-Unit Property Development
Multi-unit property developments are generally projects which comprise of 4 or more units or townhouses, although a 4 dwelling site can also be called a quadruplex development.
As a specialist in the Perth property development market we can design and construct projects from 4 – 10 units. For more than 10 units on one block it is worth considering a low rise apartment development.
It will come as no surprise that property development projects generally become more complicated as the number of dwellings increase. For multi-unit developments in Perth there are additional factors to consider to meet the local council policies as well as the R-Codes. For example extra consideration must be given to power, sewerage and driveway drainage requirements. Solar orientation for each dwelling is also a major consideration.
However, with the additional requirements comes the potential to see a greater return on your investment. As a rule of thumb the more units you can construct as part of your multi-unit property development the more opportunity there is to see a positive return on investment.
The best approach is to talk to an expert, who can help with your due diligence and provide a full feasibility before moving ahead with the development project.
At Vision One Projects our in-house design team will work with you to create a design solution that is perfectly suited to your unique lot. We look at the size and shape of your block of land and we discuss with you what you are looking for in terms of room configuration – for example do you want 2x2, 3x2 or 4x2 units. Once we have had these important conversations we present a project design that is aimed at delivering you the best chance of achieving your financial goals.
Our property development experts will run you through the numbers and present a full feasibility that outlines your total costs and potential resale value for your multi-unit development, giving you peace of mind that the project will stack up and offer you a rewarding return on investment.