Property Development for Profit
Are you planning to embark on a property development project?
Build wealth for your future and take advantage of negative gearing, capital growth, and make your super work harder for you. Home Innovation Builders can guide you through every step of the property development process and design solutions with a focus on making you profit while delivering exceptional quality for the eventual property buyers.
As an established residential builder and property developer, Julian and Vivian can both give you expert advice on:
- House behind a house;
- Duplex and triplex; as well as...
- Larger multi-unit site developments.
With our years of experience and knowledge, we will help you to determine the best way to realise the most of your development opportunity.
Why not take the first step to make your development plans a reality and call us on 0431 214 972 for an appointment today.
Why House Behind House Or Survey Strata Developments?
This is a good option to turn your existing property into an investment property, by building a brand new home, either behind or on the side of your existing structure.
Home Innovation Builders are knowledgeable property development builders in Perth. If you are seeking advice about your proposed unit development in Perth or if you are ready to start the building process, talk to us as our advice can prove invaluable.
This is a proven way to turn your existing property into an investment property. By building a brand new additional home on your development block you have the option to:
- Generate investment income by renting either the new or the existing home out.
- You can move into the new home with minimal maintenance.
- You have the ability to downsize without moving to another area.
- You can sell one property and live in the other.
- You can likely pay off your mortgage and put cash in the bank.
Can You Do A Triplex Development?
Does your block qualify for a triplex development? Because this gives you many investment opportunities.
Zoning changes to the R codes allow a triplex development (three homes on a single block of land) in many areas across Perth and in the South West of WA.
A triplex development presents many investment options:
- Rent out all three properties for triple the original income.
- Sell the properties off-the-plan before construction starts.
- You can sell two of the properties as individual residences and receive the profits whilst retaining the third as a rental income.
If you would like a free site assessment to discuss your possible triplex development options or to discuss a potential purchase of a triplex block, then please get in touch.
Ready For Multi-Unit Development?
A multi-unit development is for four or more units per block. There is more planning required than for other development types and naturally, profits should be higher.
Multi-Unit sites require substantially more planning than single strata, duplex and triplex developments but can be more profitable.
Benefits could include:
- Receive four or more times the rental income on your block.
- Quadruplex sites are often in highly desirable inner-city locations for faster sales
- Pre-sell off the plan
For a free site assessment and investment meeting to discuss the many investment opportunities with a two unit development or multi-unit development in Perth, contact us today.
Fast Track Your Property Development Today
Wealth through property development is a tried and tested pathway. Nonetheless, there are always examples of developments that go bad. Talk to us on how to go about your property development to minimise risks and maximise your upside.
From planning to profit
Just like our houses, we are fastidiously thorough with any development we undertake. We will help drive the process.
- Feasibility assessment
- Council approval
- Home building
- Landscaping including paving and fencing
- Sale of units (if required)
Call Home Innovation Builders for a no obligation frank discussion on what you can do with your land.