There are so many modern housing solutions available today and if you are looking for a personalised home, this is no longer out of your reach. One such popular option is the dual occupancy home design and this will be explained in the article below.
There are two separate dwellings
In one residential slot when it comes to dual occupancy home designs Sydney. These can be attached as you see in townhouses or duplexes or detached like in a standalone house. These will function independently with a separate entrance, utilities, living spaces and amenities. This allows for a higher level of flexibility in how you use the space. You will be able to live in one unit and rent the other out which can earn you an extra stream of income. Also, this is a great concept when it comes to multi-generational living. You will still be able to live close to the family while having a measure of privacy. You can also lease both units to maximise your rental income. You will be able to maximise the use of land with dual occupancy house designs. This will help you increase the potential of your property. If you are an investor, you will be able to general additional rental income as one or both the dwellings can be rented out. This way, you can enjoy a steady stream of income.
Flexible living arrangements
Can be accommodated with dual occupancy house designs. For example, you can have elderly relatives living in one unit where they get to still enjoy their independence while receiving your support. This can also be a good arrangement for adult children. They can start living their own life and experimenting while the parents can still give a helping hand. There is also a potential for higher rates of capital growth when it comes to dual occupancy properties compared to single dwelling units. This is because it allows for versatile use. However, there are certain changes in dual occupancy units as well. For example, these will be subjected to local zoning laws, building codes and planning regulations. This will restrict the size of the building, parking provisions and setback requirements. You need to research these requirements at the beginning of the project to decide whether a dual occupancy is feasible for this plot.
There can also be site constraints
Such as the shape, size, orientation, access and topography of the land. This may not lend itself for a dual occupancy house design especially if the spaces end up being cramped. There is a higher upfront cost involved with dual occupancy developments as two separate dwellings will be constructed requiring additional services and infrastructure. You need to manage the budget for this carefully to ensure that the project is financially viable. It is also more complicated to manage and maintain a dual occupancy property if you are renting out both units. You have to consider maintenance responsibilities, tenant management and potential conflicts between occupants of the units.
