An exciting investment opportunity to secure a brand-new 3 x 3 duplex to be constructed at Logan Reserve on a 512m² block, with a total purchase price of $1,247,500.
What makes this opportunity particularly attractive is the potential to turn one 6-bedroom duplex property into two individually titled 3-bedroom properties, subject to all necessary approvals and registration.
THE EQUITY OPPORTUNITY
3 bedrooms + 3 bedrooms = 6 bedrooms
Following completion, the duplex may potentially be strata titled or otherwise subdivided to create:
TITLE 1 – 3-bedroom property
TITLE 2 – 3-bedroom property
Instead of having the value concentrated in one 6-bedroom property, you could then own two separate saleable assets.
This can potentially create an immediate increase in equity if the combined market value of the two separately titled properties is greater than your total acquisition and titling costs.
HOW THE EQUITY COULD WORK
For example only, if after separate titling each 3-bedroom property was independently valued at $700,000:
Property 1 – $700,000
Property 2 – $700,000
Combined value – $1,400,000
Less original purchase price of $1,247,500
Potential increase in gross equity – $152,500
If each property achieved a higher individual valuation, the potential equity uplift would increase accordingly.
Individual property values will depend on independent valuations and market conditions. Subdivision/strata titling is subject to the relevant approvals, requirements and costs. No particular valuation or equity increase is guaranteed.
WHY TWO TITLES CAN MAKE A DIFFERENCE
Creating two separate titles can give an investor considerably more flexibility.
You could retain both properties and receive two rental incomes, sell one and keep the other, refinance the properties individually, or sell both separately.
Importantly, each individual 3-bedroom property can appeal to a much broader market of owner-occupiers and investors than a complete 6-bedroom duplex investment.
Construction: Brand new
ONE PURCHASE. TWO PROPERTIES. POTENTIAL INCREASED EQUITY.
This is not simply an opportunity to purchase a duplex. It offers the potential to transform one 6-bedroom investment into two individually titled 3-bedroom properties, creating greater flexibility and the possibility of increased equity.
Contact Rhonda for full plans, inclusions, rental appraisal and Expression of Interest details.
Disclaimer:
All images, renders and floor plans shown are stock or representative material provided for illustrative and marketing purposes only.
They do not depict or represent the actual property, dwelling, land, layout, inclusions, finishes, landscaping, views or surroundings being advertised.
Any floor plans shown are indicative only and are not plans of the advertised property.
Actual plans, images and further information relating to the property will be provided upon buyer enquiry.
Prospective purchasers should rely solely on the relevant contract, plans, specifications and other documentation relating to the actual property and make their own enquiries.
