Dual Occupancy on the Gold Coast – A great cash flow positive investment strategy
Adding a dual occupancy property to your investment portfolio is a great way to ‘boost’ your future financial earnings. Basically you have two properties on one title (one set of council rates), with the option to strata title in the future. A Dual Occupancy will give you a higher rental yield than the typical 4 bedroom house. (See comparison below) An attached dwelling (or two freestanding dwellings) will basically halve the land cost for each property which is where the value is.
At QPA; we encourage our clients to look at dual occupancies as a cash flow positive property investment strategy. If you are building when the market is moving up, then you have timed your development well. Currently, the Gold Coast corridor in QLD is regarded as Australia’s best performing up and coming market with high levels of investment activity totaling 2.3 billion in the last 12 months. This represents strong long term growth for the area.
Here’s a beautiful example of a dual occupancy project our client is currently building on the Gold Coast: