Townhouses are a great solution to the challenges of inner-suburb living. If you want to build a home but don’t have a large block and you need to maximise space, developing a two storey townhouse is a great choice. The team at Developments by Impressions are experienced townhouse builders who are dedicated to getting your new home or investment property built efficiently and with attention to detail.
Townhouses are a great investment opportunity for those looking to subdivide a block (either new or existing) or build an investment property as this style of development could potentially offer some fantastic rewards on your path to financial freedom.
Advantages of a townhouse development may include:
- Adding an additional income stream for your family by renting out the second property (if it is an investment property)
- Sell one of the properties and continue to live in the other (if the townhouse was built on the same block as your primary place of residence). This option will give you the freedom to downsize whilst still living in your neighbourhood.
- An opportunity for a potential profit that could be utilised to pay off your mortgage or simply to save some extra cash in the bank.
Although it is a very similar process to a duplex development, a townhouse development will need to incorporate several other aspects to allow sufficient vehicle movement/parking areas and to ensure that the existing house meets current planning regulations.
Developments by Impressions will ensure site meetings are held to accurately assess the opportunities and constraints in each and every project with a focus on maximising your returns.