Dual occupancy homes
Building a dual occupancy home – also called a dual-key home – can double your investment return, or make the most of intergenerational living. We have uniquely designed dual occupancy homes that can provide you with two rental streams from the one property, or make sure elderly family members can be close by yet still have their independence.
What is dual occupancy and how does it work?
Effectively, our dual occupancy range looks just like a normal home from the street (which helps your re-sale) while inside there are actually two homes. On one side you will find a four-bedroom family home, with spacious living areas and bedrooms with built-ins and walk-ins to the main. The other side of your home will feature a well appointed two-bedroom secondary dwelling which includes a spacious bathroom, full kitchen, open plan living and dining area with a large backyard. Our clever design means you will only require 450sqm of land.
Tempo Living dual occupancy investment
We understand that investors are always looking for the most efficient methods to leverage their investment and increase their yields. Typically, in areas such as Sydney (and most other metropolitan areas) investment yields tend to hover around the 1-2% mark with 5% returns usually being the standard for commercial or industrial properties. A dual key investment property can provide a higher yield investment opportunity and the ability to pay off your investment loan faster due to the increased cash flow from your investment.
Our dual occupancy design: The Jazz
Jazz I
- 4 + 2 Bedrooms
- 2 + 1 Bathrooms
- 1 + 1 Living
- 1 + 1 Car Space
- Designed to suit 15m x 30m lots
- Dual key design
- Suits investors or astute buyer providing additional income
- Well proportioned bedrooms with generous storage
- Lock up garage to both dwellings
- Open plan kitchen, living & dining
Jazz II
- 4 + 2 Bedrooms
- 2 + 1 Bathrooms
- 1 + 1 Living
- 2 Car Spaces
- Designed to suit 15m x 30m lots
- Dual key design
- Suits investors or astute buyer providing additional income
- Well proportioned bedrooms with generous storage
- Double garage to main dwelling
- Open plan kitchen, living & dining
The Benefits of dual occupancy homes
A dual-key investment generally provides far higher yields when compared to normal residential rental properties in the same suburb.
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.
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.
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.
Start making an income from your home, quickly
Our easy, eight-step building process means you’ll get the keys to your new home faster. Guaranteed. Hello, holiday fund…