At Lifetime Realty we believe that holding land in the most profitable way is a great foundation for building wealth. While commercial property promises great returns, it comes with some risk and generally requires a greater level of due diligence when selecting the right opportunity and tenant. Investing in residential property has always been a simpler process for the average investor.
We have developed an innovative 6 Income Strategy that allows for multiple streams of income on residential investment property. It involves two rental incomes on one title, solar power and generous tax free payments funds by both state and federal governments.
Here is a short video explain the dual dwelling concept
While it is possible to retrofit aspects of the strategy to existing property, we find that it is best to start with a brand new property to maximise depreciation benefits.
Chat to us now to find out how you can be enjoying additional income streams on your investment property. (link to candely link for property consultation)
As a general rule we don’t believe the apartments are a good investment due to their limited land size and high strata fees. The best investment is in land. So ideally a multidwelling site such as a duplex or triplex.
Multi-Dwelling Development
A duplex is where you have two properties on one block of land that have the ability to be separately titled in the future and then potentially sold separately. The process of creating two properties from one block of land will generally create a nice equity uplift along with providing two income streams for the owners. Depending on available capital it is possible to do up to four townhouses on standard residential finance.
Dual Dwelling
A dual dwelling is a modified floor plan that allows for an additional auxillary dwelling. In most circumstances this dwelling will not attract additional council contributions or fees. Essenitally it is creating two incomes on one title. Rental yields using this strategy alone are pushing up towards 7% per annum which is getting close to commercial property income (generally 8-12% p/a) on a piece of residential property.
Often investors with existing properties will consider the installation of a granny flat to increase their returns on existing property. This is an effective way to boost an already existing house and land asset and increase the investment yield.
House and Land
This is the simplest and well known property investment. The typical 3 and 4 bedroom home with a single or double garage. It is a good option for investors whom have a limited borrowing capacity. Often it is possible to secure a small house and land package on an individual title without the need to downgrade to a Townhouse. While townhouses are better than apartments (due to the increase in land content), they still have strata fees that tend to reduce the yield of the investment.