The positives of Dual Key there are so many positives
No Strata fee
Two income producing properties on one title (unlike some duplexes, townhouses and attached dwellings that may require separate titles).
As the property unit owner will typically only need to pay strata for one property, not two.
Maximum return
Each portion can still be let separately, offering investors great scope for maximum rental return and if one property is vacant whilst finding a new tenant the other side would still be producing an income.
Ageing population
Arguably, in an ageing population that is also downsizing and urbanising, dual-key could be a smart play to reach into the urban dwellers who require extra space for a parent or elderly relative to live close-by (but still with some privacy and separation).
Lower maintenance costs
Dual key homes tend to have lower maintenance costs and residents may only face one set of council fees and water rates due to being on one single lot. If you buy a brand a near new dual key property then your appliances are less likely to require repairs in the next few years.
More privacy
A dual key property can also offer you with more privacy. If your children are growing up, but want their own space, they can live in one section of the home and you can live in the other.
This Dual Key home is separated into a 3 bedroom a two bedroom apartment.
Both have open plan tiled living spaces and their own yard space and outdoor entertaining.
So these property are completely separate. The properties are fully air-conditioned with all the modern features you would expect in a home only a few years old. Each with its own remote control garage as well.
# Ceiling fans
# Air-conditioned
# Dish Washer
# Over head cupboards
# Walk in Wardrobe
# Tiled living areas
# Entertaining patios
# Remote control garage
# Current rental 3×2 $340PW and 2×1 $300PW