Dual Occupancy property subdivision costsYour new dual occupancy home can be as modest or as luxurious as you wish.
If you intend moving into this new dream dual occupancy home with its new kitchen and dream master bedroom with a superb ensuite and a juliette balcony to enjoy views then your costs are going to be in the high $1800sqm plus- depending on number of floors. If its a dual occupancy you just want build to sell then a range between $1400-$1500 should work for middle of the range double storey dual occupancy home. Dual Occupancy success Avery basic single level investment dual occupancy could cost to build as low as $1000 a sqm and if its in Toorak you would like marble bathrooms and luxurious kitchen which will set you upwards of $2500 sqm. Of course all these numbers are just numbers to play with for now. To get a better idea, let usdesign and draw the construction drawings for your builder to price. Your builder will add extras as per your specifications. Site costs, subdivision costs (cost of driveways, services, connections,fees etc) can be in the $15,000 mark and more depending on number of units and location and run of services. Your professional fees for the architect or designer, land surveyor,building surveyor,structural and drainage engineer,energy and soil reports, landscape consultant will be upwards of $10,000 depending on level of detail and site challenges. I recently heard of companies charging upwards of $25,000 per unit! One went as high as $70,000. Ask us for a turnkey fee package for your dual occupancy home which will be well thought out, well designed and detailed. But before you go all the way to cost, find out if you can actually dual occupancy your home. We can help you with a free opinion. Welcome to the world of property development. And the best way to build wealth is on the backyard you own but don’t use as much. Dual occupancy your backyard to build a property portfolio or to pay down your mortgage or earn rental income or to invest in other dual and triple occupancy properties ready for subdivision. We find sites and obtain all the planning and building permits. AuArchitecture– invest in our experience.
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