DUPLEXES


DUPLEXES

DUPLEX IMAGE

Duplexes have been a popular type of property for many years. As a result, many LGAs allow them, although not all.

The main advantage of Duplexes is that they can be Strata Titled (split into two titles) after the construction is complete. Strata Titling is not compulsory, and some buyers choose not to, so they only incur one set of Council rates charges. If the decision to Strata Title has been made, a body corporate is formed to manage the common property and public liability insurance.

The common property areas can often be minimized thus reducing some management issues, etc. Even after a property is Strata-Titled, in some situations, it can be possible to have the Body Corporate dissolved if each owner agrees.

Duplexes are generally single-story or two-story. However, depending on zoning and density allowances, they could be 3 or 4 stories, with a lift and even a basement car park.

A Duplex commonly has the same floor plan (mirror-reversed) on both sides; However, this is not mandatory, as they are often different, particularly on corners or unusually shaped blocks of land. Some LGAs have rules whereby a set number of bedrooms are allowed if a site is below the standard size required by the Council. This could be an uneven number; thus, a three-bedroom + two-bedroom two-bedroom could be necessary.


It can now and then be possible to build a Duplex as two separate buildings; this depends on the LGA and site size, shape, and allowable site coverage.
A firewall is required when the two units are joined.


Each of the units is allowed to have its driveway crossover (egress), so there isn't a requirement for the garages to be joined, and they could be located on different streets for a corner block.

DUPLEX FLOOR PLAN
Duplex

Benefits:

Ideal for investors who wish to:

  • Generate capital uplift from an investment - after Strata Titling
  • Sell one of the units to reduce debt on the one they are keeping
  • Keep both of the units to generate income
  • Use gearing benefits to assist in the investment cash-flow
  • Use the cash flow to pay down the debt
  • Generate two rents from the one block of land

Ideal for owner occupiers who want:

  • Keep one of the units and sell one of the units
  • Keep one of the units and rent one of the units to tenants
  • Provide accommodation for other family members

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