The Benefits of dual occupancy homes
Higher Yields
A dual-key investment generally provides far higher yields when compared to normal residential rental properties in the same suburb.
Save on Stamp Duty
Every penny counts when it comes to property investment. When you enter into a contract to build a Tempo Living dual key home, you won’t be paying stamp duty on the total value of house and land. There can be 2 contracts and the Stamp Duty is only payable on the land content. Plus, if you are a First Home Buyer, the Stamp Duty can be removed subject to Government approvals.
Proportionately lower risk
As the saying goes – the higher the risk, the higher the reward. Dual-key investments often buck that trend. When considering other options with the similar yields such as commercial or industrial properties, a dual-key investment generally carries lower levels of investment risk due to the traditional security and consistency of the residential property market.
No Extra Costs
Depending on where you build, other investment types – such as a duplex – can burden you with extra fees and charges, such as strata levies. You can save yourself from these headaches and accounting nightmares. A dual occupancy investment property achieves CDC (Complying Development Certificate) approval as a single dwelling.
