A great way to get into property development is by turning a single piece of land into a duplex development and building two new homes. Subject to council approval, and on the basis of shape and size of your block, you can choose to demolish the existing house and create a side by side duplex development.
You no longer need to take out a construction loan or come up with the cash required to fund the development, once you partner up with Dominion Homes.
We are committed to helping you ensure the numbers stack up and that you feel comfortable with the potential profits the project can deliver.
A triplex development is the creation of three dwellings on one block of land. It can be single storey units or a two storey town houses. These developments offer the best return on the investment and will appeal to Adelaide
rental market and buyers alike.
With a house-behind-house, homeowners can live in comfort of their home while embarking on a development. Providing your existing home is located in such a position that it complies with the residential design codes, building a new house behind an existing house us a great way to get into property development.
To increase the amount of rooms in a dwelling as well as maximising rental returns or resale value, two storey townhouses are the ideal development choice. They represent a huge investment opportunity for property developers. Dominion Homes can design and create double storey townhouse to suit your individual allotment. Considering, the size and shape of your block, we will help you to create an outcome that will present you with the best opportunity to maximise resale value and/or rental returns.
Another benefit in developing two storey townhouses is the façade of the building which allows for more design flare and architectural features that will offer more street appeal and help boost the value of your properties.
The Dominion Homes team will work in conjunction with you to create a product that will impress potential buyers before they have even walked through the front door.
Multi -unit property developments are the projects that comprise of four or more units. Such developments generally become a little bit complicated due to high number of dwellings, but our team will help with your due diligence and provide a full feasibility study before moving ahead with the development project.
Multi-unit development developments have additional factors to be considered as in meeting the local council policies that also includes power, sewerage, driveway and drainage requirements. However, with the additional requirement comes the potential to see a greater return on your investment
In comparison to traditional developments, such as single storey or two storey multi-unit projects, apartment developments are more attractive projects for the potential investors.
At Dominion Homes, we specialise in the construction of two and three storey class 2 buildings accommodating a mix of one, two or three-bedroom apartments.
In apartment developments, the value of the land remains constant, however, the potential profits, rental yields and capital returns will be much greater. In this kind of project, it is very important to run numbers and make sure the development stack up financially. For this, The Dominion Team will help you assess the feasibility and help you understand all the construction costs including any other associated costs. Furthermore, we will also analyse the market and upon the completion of the project, we will assist in what you can expect from the sale of the apartments.
