The Top 6 Tips for Building Dual Occupancy Designs

Dual Occupancy designs in Melbourne may be an excellent option for first-time developers or even if you just want to make money from your own property. Building separate homes on one block of property is known as a dual occupancy home, and it allows you to maximise your land expenses and revenues. However, there are some vital elements to bear in mind before diving into your new builds in order to get the most out of them.

Read on for six tips for a stress-free dual occupancy construction:

1. Know your objective
   Duplexes and townhouses dual-occupancy designs may be tailored to meet a myriad of demands and purposes, but it's crucial to know what you want to achieve before you start. Do you want to build one house and live in it while renting or selling the other? Maybe you want to split the cost of a piece of property with a family member or a friend? Or will the auctioneer's hammer fall on both dwellings?
   
   Dual Occupancy' is ideal for anybody looking to maximise the equity in their land without leaving the place they call home, from new and seasoned investors to downsizers.
   
   
2. Budget well
   Many building designers in Melbourne advertise a low base price that conceals a slew of additional expenses. Ascertain that your development partner provides true upfront pricing that incorporates all related costs and takes into account any design revisions that may necessitate further investment. Your initial pick should be a builder who includes premium features as standard. It's also critical to plan ahead of time and bring in a financier early on.
   
   
3. Research before buying
   The most common mistake dual occupancy investors make is purchasing a block without conducting thorough research. Every site will have its unique set of challenges, such as slope, inclination, and council limits, so it's important to get expert assistance early on. Don't acquire a block until you're sure it'll be suitable for redevelopment with several dwellings. Make use of your builder's site evaluation service and have them inspect the property before you make a decision.
   
   
4. Find a builder that handles all the hassles
   Dual Occupancy construction is widely recognised for its financial benefits, however, with many units comes the possibility of extra time and stress. Find a builder who can handle the entire procedure for you and is familiar with the complicated dual occupancy permissions and planning process to ensure a stress-free build.
   
   
5. Choose a design that represents you yet trendy
   As the popularity of Dual Occupancy subdivisions grows, so does the competition for tenants. Finding a house design and layout that fits the nature of the neighbourhood and target market is critical if you want to rent or sell one or both units. When selling to an increasingly picky and informed customer, quality fixtures and fittings, features such as double glazing, and a distinct roof form are a must.
   
   
6. Ensure you know your point of contact
   Knowing how easy it is to acquire quick, well-informed assistance is crucial while working on a dual occupancy project. Before you sign a contract with a builder, find out who will be your point of contact. Most industrial design firms in Melbourne assign you an expert Project Manager who will be your exclusive point of contact during the whole construction process.
   
   
   You'll always know who you should be speaking with, and you'll have peace of mind knowing that they'll be up to date on your unique project.

To wrap up

Among intelligent investors and families alike, dual occupancy developments are increasingly gaining appeal. Who wouldn't want to increase their property worth by doubling the number of residences they can build on a single block?

While you may assume that having two homes would entail double the worry, it's actually rather simple when you have a professional team on your side, industrial design firms in Melbourne.