Looking For A High Yielding Investment Property?
Affordable living opportunities are a strong focus of Asset Property Partners and dual living homes offer various opportunities for our buyers. What appears to be one dwelling is two separate homes. Added benefits include separate water and electric meters, no body corporate fees and managed as two completely separate tenancies. You can even live in one and rent out the other.
Why Consider A Dual Living Property.
- Investors can have a new house built, two income producing properties on one title and have a higher rental yield, along with the low outgoings. This usually means that the property will be positively geared from day one. A dual living Home will continue to outperform standard investment properties that offer accommodation for one tenant.
- Large families requiring four plus bedrooms as well as extra family living, this arrangement could be perfect. If the kids can’t afford to move out on their own or if aged parents need looking after, dual living homes are the answer.
- First home buyers could be eligible for the Queensland Government First Home Buyers Grant. Dual living homes can relieve their mortgage stress by having an additional source of income from renting one of the dwellings.
The below example shows what it would look like to build a typical 3 bed, 2 bath, single garage plus 2 bed, 1 bath, single garage dual key property.