

DUPLEXES & BLOCK OF FLATS

Overview
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We team up with property owners of current non-strata duplexes or flats. We renovate the internal units as well as the building exterior and outdoor area/s. We then strata title these in to individual units with their own separate titles which can be sold individually for much higher profits than having all those units on a single title.
Common Questions We Will Research and Answer
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How many units is the property currently set up with
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Are the units side-by-side or on top of one another
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What is the zoning of the property and maximum strata unit allowance
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What value add potential through renovation exists
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What potential issues may exist
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How feasible is a conversion
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CASE STUDY
“I just want to thank Brendan and Nigel for their assistance over these projects. The rental income has allowed me to retire earlier than I had planned. They were excellent, handling everything of what was a complicated process, but I felt at ease throughout regardless.”
Maree owned 2 properties in Palm Beach and was able to increase her net cashflow by $37,000 p.a. plus an additional $315,000 gain in equity.
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Maree approached us with a goal to increase her cashflows from 2 properties which she had held for a long time and needed work.
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This project was somewhat complex in that it involved a single house, a duplex pair and a sub-division and sale of a vacant portion of land.
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Over an intensive 12-month process, we were able to complete a variety of works across those properties which resulted in a massive boost in both cashflow and equity for Maree. She still holds those properties today.