Seeing double

For an increasing number of families, building a duplex is both a lifestyle choice and an investment in their future

For those seeking the ultimate multigenerational living solution, building a duplex has become a popular choice. This way, each generation lives side by side but with total independence. Building a duplex can also be a very canny investment, increasing the property’s eventual resale value or providing the opportunity to earn some rental income. It was the investment potential that appealed to the co-owners of this duplex in Doncaster East, a popular suburb in Melbourne’s north-east. “This was a development in which two couples invested — one couple has two children, the others are newlyweds,” explains Peter Fanous, Managing Director of Perpetual Projects. “The clients wanted to generate wealth through property development but did not have the time or the expertise to get this underway so they came to us. “The…

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BuildHome Victoria (Digital) - 1 Issue, Issue #57

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