Duplex Property Development – turn one block into two!
Turning a single piece of land into a duplex development and building 1 or 2 new homes is a great way to get into property development.
Depending on the shape and size of your block and the location of the existing home on the land you may choose to either build one new home behind the other, or demolish the existing house and subdivide the land down the middle to create a side by side duplex development. This of course is subject to council approval.
Both options for building a duplex have their advantages, the main reason to build a side by side duplex is that you may add value to your investment by giving both properties street frontage.