If you are looking to build a dual occupancy there are some fundamental things you need to know before you hire a dual occupancy builder in Sydney.
The distinction between going through a Dual Occupancy Builder in Sydney where you’re paying retail, compared to when you’re doing it yourself, and doing it wholesale, can be not just tens of thousands of dollars, but hundreds of thousands of dollars.
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Or for those that prefer to read, here is a transcript of the video…
Colin Fragar here. Welcome to another discussion on Dual Occupancy. I’m from Council Approval Group. We’re talking about one of my favorite topics and it’s actually my favorite property investment strategy, which I talked about in Secrets of Property Millionaires Exposed, and that is Dual Occupancy.
Now, if you’re in Sydney, you may be thinking a Google search and you say, “Okay, I’m looking for a Dual Occupancy Builder”. And the question that we want to help you with today is what you need to know about Dual Occupancy builders in Sydney?
There are two ways that you can build a Dual Occupancy.
One is to go to a builder who will provide you with the land. It’s usually a greenfield site. It’s in a land release area, you’re buying probably away from infrastructure, and you effectively are paying retail for that development.
A limited number of Dual Occupancy builders in Sydney will do what they call an infill site, which is an existing suburb where there needs to be a knockdown.
Now if you knockdown, you’re effectively paying not only for the knockdown (of say $50,000), but you’re also paying to rebuild what would otherwise be a good property, a good house.
So what I really love doing and the numbers. If you do your sums and you work out, “okay, what’s the cost of me knocking down a house and building two new ones, compared to finding one where I can keep an existing house and build a second one on the side, either attached or detached or behind?”
I highly recommend that if you are thinking of a dual occupancy in sydney, that you don’t get your approval through a builder, but rather you organise your own council approval though us. Some people are unnecessarily afraid of the council approval process.
Own The Council Approval.
There are two fundamental reasons why it’s important for you to not jump into hiring a dual occupancy builder without talking to the Council Approval Group.
First of all, its important that you ‘own’ the council approval process and not delegate it to a builder who will then control the approval. If you use Council Approval Group to achieve the council approval you need, you will then be able to tender out to any one of a hundred builders. We do everything, even the acquisition of the site, through to buying the property in your name, through to getting the council approval and getting it built. We have town planners, architects and all the consultants through to actually getting it built or if you go through that avenue of doing it yourself.
Second, you will be able to get an overall lower cost of construction by going with Council Approval Group. The distinction between going through a Dual Occupancy Builder in Sydney where you’re paying retail, compared to when you’re doing it yourself, and doing it wholesale, can be not just tens of thousands of dollars, but hundreds of thousands of dollars.
How do I know this? Because I’ve done it myself. I’ve probably done 10 of these projects myself. We’ve done thousands of these for clients and we’d love to help you as well.
So if you haven’t already, make sure you get your free guide on getting council approval. If you haven’t got that already, make sure you go to this website councilapproval.com.au and go ahead and get that free guide.
Or if you do have a site in mind and you are ready to have a bit of a discussion about your project, please book in for a free consultation with one of our council approval consultants.
My name is Colin Fragar and thanks for watching.