There are so many things to consider when making the decision to develop a block of land. Before considering the number of houses, units, duplex’s or townhouses to build, the developer must identify the capability of the block, including the size and shape.
Should the block suit a duplex it will provide the owner with a number of investment options. It is in fact one of the easier ways to develop a block of land such as simply building side by side or building one behind the other.
The investment benefits of building a duplex do suit most investors. Some of these include selling both properties and receiving all the profits, selling one and moving into the other and/or renting out both for long term gains.
Investors must consider the above before making a decision and identify what their needs are – short term or long-term gains?
Ross North Developments offers free site assessments and assists all clients to make the best decision. The service offering also includes a designer, providing clients with expert advice, which saves money on expensive architecture costs.