Although it might cost more to build a duplex than a single freestanding home in the Sutherland Shire, the ability for profit making is nothing to be sniggered at. This is simply because there are two dwellings on one block, and the land will cost you far less than two separate blocks. If you are thinking about building a duplex in the Sutherland Shire, look no further than the Sutherland Shire home builders, Ferntree Homes.
Land owners need to be aware of easements that could travel through the sections that will be constructed upon, as this will incur additional costs to the build. There are also different zoning requirements set out by local councils that you will need to check and comply with depending on the particular area in which you are planning to build.
It’s also important to decide how you will use the duplex; for example, will this build be used for yourself or your family as a forever home, or as an investment property, in which case the design and overall build must be cost-effective. To initiate, the first thing you should do if you want to look at constructing a duplex is to contact a builder who has extensive experience with duplexes and can bring this expertise to your plans. Ferntree Homes has an extensive knowledge and experience with building contemporary and beautiful duplex homes in the Sutherland Shire. Ferntree Homes’ duplex home designs are packed with inspiring design features and clever usage of space. They’re perfect for small and growing families, multi-generational living, first home buyers, down-sizers and savvy investors alike.
General Regulations for Building a Duplex
Not every block is suitable for a duplex development but those that share certain features in common. Council regulations can vary from area to area, but blocks generally need to be at least 500 square metres in area and at least 15 metres wide. Even if a property seems suitable for a duplex build on paper, it will still require a site assessment to ensure the development is feasible.
Reasons for Building a Duplex
Building a duplex on a block of land in the Sutherland Shire instantly increases the value. It can go up enormously once your builder completes construction. This is known as instant equity. Another reason that encourages people to build a duplex is the opportunity to customise it. You can add linen cupboards, ducted air conditioning, pick your stone bench tops and down lights. You can choose your windows and the entire layout of the duplex to suit the demographics of the area you’re building in to maximise the return.
High Growth Potential
Choosing the right location for your duplex project is essential in ensuring you can maximise on capital growth. And the best part is, you will be gaining growth on not just one property, but on two properties by building a duplex. This will assist you to create equity within the properties, which you can then use towards a deposit for your next project or purchase, and continue building your property portfolio.
Have a Solid Introduction to the Property Market
When you jump into the property market for the first time, building a property gives you a nice introduction to the entire process. Working closely with a good home builder will form the experience needed for ensuring a smooth building process is achieved each time. Ferntree Homes’ years of experience results in efficiency, perfection, and innovation, providing immaculate finishes throughout your home or investment.
How long does a building a duplex take?
This varies according to the builder and the specifics of the situation – the weather conditions, holidays and particular difficulty of build. The length of time it takes to build a duplex becomes even more critical when you consider holding costs, which is the cost of owning a site that has not yet been completed. A construction project is a highly collaborative effort, and an experienced builder like Ferntree Homes has an abundance of experience with scheduling tradies and keeping them on task. They should be able to do a proper job of project managing and also guarantee their work. There are also unforeseen circumstances that may arise, like wet weather conditions and delays from authorities and councils.
Is Building a Duplex Worth It?
Generally speaking, building a duplex can be a very worthwhile investment that offers higher return on investment (ROI) for the investor, depending on the market. Before building, make sure you do your deep research on the project and ensure that the cost to develop will be worth it in the end. Choosing an experienced and trusted builder like Ferntree Homes will also assist greatly in ensuring a smooth process and to maximise success when the project is completed.
Ferntree Homes offers you the choice of custom designing your new home in the Sutherland Shire to be tailored to your specific needs. If you can’t find the perfect home for you or your family or just want your home to be different from all the rest, we’re here to help!
Many people believe that a custom home is way out of their budget range. The truth is a Ferntree Homes custom home design in the Sutherland Shire can be priced at a better value than the standard built homes with a one size fits all approach. Whether it’s a renovation to your existing property or a brand new home build, every custom design home is the result of our unique system, which combines innovation and quality design with affordable construction services.
Custom Home Designs are built exclusively for you.
There’s no replacement for designing and building a custom home using your own individual style, decisions and guidelines. With a Ferntree Homes custom home design, you’re not limited to just decorating rooms, your home will have your vision and be a place for you to express yourself in ways you have never imagined. It begins with your vision combined with our Sydney custom home builders, who will professionally process your ideas into a reality. This project may have taken you years to come to fruition, so why should you compromise when the ultimate goal is to create a custom home designed and built around you?
Our Sutherland Shire Custom Home Designs provide superior living & energy efficiency.
Our Sydney custom home builders are trained in the highest standards of energy-efficient home design and have your family’s comfort as a top priority. Our custom home designs are designed for lower energy bills and increased comfort regardless of design style or budget.
Get in touch with Ferntree Homes today because we’re here for all broader Sydney Metropolitan families awaiting a company to securely and confidently build their new dream home. Our primary aim is to provide you with unique and quality built homes, reflecting our motto, “Your Custom Build Specialist”. As a custom builder, we give you a choice to create a unique design suited to your style, budget and block of the land to improve the quality of your and your family’s life. If you’d like to know more about us and our services, we’d love to hear from you. Talk to us today about your new home!