Dual Key House and Land
What is a ‘Dual-Key’ House and Land Package?
The same principles as a traditional 'Turn-Key' house and land package.
Only one, significant difference:
The 'Dual-Key design is two homes under one roof, without the development costs associated with the usual development process and/or strata titles (similar to a duplex).
What are the benefits of Dual Key house and land package?
Dual residencies under one roof
Dual income and cash-flow positive investment
Provides affordable rental accommodation
Great for extended families (seniors)
No body corporate fees
Can potentially be converted to a single residence in the future
The risks of Dual Key house and land packages are:
The banks are still adjusting to this product
Planning conditions apply; each state and even each Council have different rules with this product