Dual Occupancy projects create new housing opportunities through infill development, enabling more people to live within existing communities. However, unlike Granny Flats, Dual Occupancy Approvals have clear advantages with greater long term financial gains. Not only can they provide a steady stream of rental income with positive cash flow, if approved for subdivision, the option is also available to sell off one of the properties to reduce debt levels, a clear financial advantage over Granny Flats which cannot be sold individually.
However, the best benefit of a Dual Occupancy Approval is that it enables you to manufacture growth independent of current market conditions.
As the owners of Council Approval Group, we’ve done a lot of these projects for both our clients and ourselves personally. We’ve seen the returns that can be created from this strategy; It’s changed our lifestyle, and it can change yours too!
In this new video series, we follow one of our most recent builds and share some of the key principles for achieving success with Dual Occupancy Subdivision Developments.