Recently Sourced Duplex Investment Opportunities
Expected Uplift $1.3m+
Estimated cost: $2.7m
Estimated value: $4m+
Expected Uplift $700k
Estimated cost: $1.6m
Estimated value: $2.2m – $2.4m
How It All Works
As Seen On
Creating uplift, yield and growth in property
Why wait for perfect market conditions when you can create uplift now? Take the guesswork out of investing in property and stack the odds in your favour. See which option below may best suit your needs!
Duplex projects provide high short-term returns. It is true uplift can be generated in single dwellings or dual occupancy properties but constructing and developing 2 dwellings, on 2 separate titles, can increase the value of the property significantly. In just 12-15 months! Short-term profits and flexibility are highlights of developing duplexes. These are the options at your disposal at completion:
- Hold both properties for ongoing positive cash flow, capital growth and tax benefits
- Sell both at completion for an immediate profit
- Sell one keep one. For the best of both worlds and to reduce debt
How we create uplift
Uplift can be created in a number of ways. While duplexes are often most effective in creating maximum short-term uplift, it can still be done with single dwellings on a tighter budget. Here’s how:
- Sometimes, starting small with a single dwelling or dual key can be the best way to get started and to build your equity, as well as your experience. It all depends on you and your goals!
- Finding sites below market value (though this is difficult in a hot market)
- Finding off market sites through our network to minimise competition
- Buying in the right location at the right time of the cycle to experience short-term capital growth
For single dwellings, or dual key properties, it is possible to get $50k – $100k uplift and positive cash flow by completion. But it is more difficult to achieve. Duplexes can leverage these benefits and take short-term profits to the next level.
When you buy land, construct 2 dwellings and subdivide onto 2 separate titles, you have added value and created development profit. Essentially buying 2 properties at wholesale prices and ending up with retail values at completion. It is possible to achieve over $250k+ instant equity by completion. Plus potential growth!
Sometimes starting small, with a single dwelling or dual key, can be best to get you started and to build your equity and experience. It all depends on you and your goals!
Our Research Process
WolfeSmiths has a 2-pronged research approach. We lean heavily on data whilst also keeping an ear to the ground. Gaining a feel from local professionals such as agents, builders and developers. When you are assessing a project, WolfeSmiths can provide:
- Analysis of the local market and demographics
- Information about current and future infrastructure that may lead to increased demand
- Multiple sales and rental appraisals to confidently assess uplift and cash flow
- Research reports
- Build plans, pricing and inclusions
- Local agent perspectives and contact details
We’ve researched hundreds of areas, filtering the opportunities we feel provide the best investment prospects. Mitigating risks and maximising returns.
Is this right for you?
The L.O.O.T. Method (Life On Our Terms) for creating life on your terms!
The reason people invest is to build wealth and to create passive income so they may live life on their terms. But the old way doesn’t work anymore. You may have heard it before? Buy multiple properties, hold them for 20-30 years and sell enough to clear the debt and live off the remaining rental income and savings.
This takes a long time and many investors won’t have the borrowing capacity to purchase enough property. On top of that, you’re relying exclusively on capital growth.
Plus, who wants to work until 65-70 anymore? What is lacking for most property investors is a method to create enough wealth and passive income to quit the day job in 10-20 years. Most investors can buy a property, or 2. But how do you use your portfolio to live the life you want?
We’ve met many experienced property investors that don’t have an answer to this.
At WolfeSmiths we help investors to solve these challenges using our unique method. The LOOT Method – (Life On Our Terms)
So how does it work?
There are 2 strategies that make up the LOOT Method
CASE STUDY EXAMPLE
Names: John and Lisa
Age: 38 and 35
Finances: Own their own home with a mortgage. Have $20k in savings and $120k of useable equity. Have a combined income of $180k
Goals: $100k passive income in 15 years, own 4 investment properties, have the flexibility to live life while investing but eventually give up their jobs and start their own small business. They also want a secure retirement by 55 and be able to help others. Travel and living life along the way is very important to them.
The LOOT Method Explained
John and Lisa buy 1 investment property in year 1. They are a little conservative but their budget also meant a high-growth single dwelling was best for them. A 4 bedroom family home that is cash flow positive (after tax). Over a 3-year period this property, and their own, have increased in value by around 15%. Rental income has increased by around 10% and they have also worked hard to reduce their home loan. They now have the equity and the confidence they need to get into something bigger.
Do properties really grow at that rate?
The capital gain over the past 25 years equates to an annual growth rate of 6.8% pa for houses and 5.9% pa for units according to CoreLogic.
At 6.8% for houses that equates to approximately 10.5 years to double in value. This is the Australia-wide average.
Will they always grow at that rate? Maybe not. Which is why we don’t rely on growth alone.
But don’t just take it from us...
Really prompt and professional service. The team are really knowledgeable and good at breaking down complex financial terms so it’s easy to understand and make decisions about.
Was so scared to enter the market having no prior knowledge or understanding with the ins and outs of property investment but talking with nick setting up plans and timeline goals was amazing and makes the process and fear of it all so much easier
Nick has a wealth of knowledgeand eagerness to help tune up your financial situation. His work ethic and dedication to serving clients is inspirational.
After working with Nick for a few years it’s evident to me how exceptional his industry knowledge is and more importantly his willingness to put the customer’s needs first really stood out for me.
Highly recommend the Wolfesmith team!
I enquired with WolfeSmiths about 3 months ago and have to say we’ve been really impressed so far. We weren’t very confident in finding a viable investment given all the uncertainty in the market. However, the duplex opportunity that was presented to us completely exceeded our expectations. The extensive due diligence that was carried out made it evident that a lot of time had been dedicated to helping us get the best deal possible and really put our minds at ease. Would definitely recommend!
Luke & Sarah
Nick was extremely helpful and knowledgeable about the processes and important information needed. He went above and beyond for us and always took into account our needs and wants. We loved his enthusiasm and well informed assistance he offered. Thank you very much WolfeSmiths, we really appreciate all your tile and efforts! Can’t recommend them enough!!
Have dealt with Daniel and Nick on many business dealings over the last 5 years – clear, concise communication and very straight forward to deal with.
Highly recommend both these guys to deal with on all levels
I have known Nick and his partner for over 7years now, originally through a mutual friend of ours. Since then I am hard pressed to think of a harder worker or a more real person that I know. Not only has he helped me with crucial business decisions but he’s also been there to have a laugh along the way, making processes that can be arduous and stressful, light fun and exciting. If you are on the edge of making a decision for your family, I wholeheartedly ask that you to let Nick and the team at Wolfesmiths to help you make that step.
Caring For Our Community
WolfeSmiths is proud to partner with Children’s Ground and Elevate Residential.
Children’s Ground – Committed to making real and lasting changes, Children’s Ground works with children in communities that are devastated by intergenerational poverty and inequity. Having developed an innovative, 25-year strategy, Children’s Ground is being recognised as the first of its kind in Australia. Their unique strategy aims to tackle entrenched disadvantage through a long-term, holistic, and community-based approach that is supported by a robust global evidence base.
Elevate Residential – Real estate agents with a real social conscience. Elevate Residential offers Brisbane property owners the highest standard of sales service and property management, while distributing 100% of profits to those in need. Every single dollar of profit goes towards their parent company, BHC (Brisbane Housing Company), a leading provider of affordable housing with a demonstrated ability to deliver innovative provision of social and affordable housing. Thanks to their team of highly experienced real estate professionals, Elevate Residential can carry out an incredibly unique business model that targets a critical social issue – the lack of safe, and affordable housing in Australia.
We are determined to contribute to these missions and have decided to donate $1000 for every investment made with us directly to Children’s Ground.
Unfortunately, BHC does not yet have a donation structure in place, but they will continue to be our sole provider of sales and property management services in Brisbane.
By working with us, you can make a difference without needing to donate from your own pocket. If you want to learn more and potentially get involved, feel free to check their websites out in the links below:
Book A Consultation
Your first step to finding a perfect fit property. We won’t share your details with any 3rd parties.
1) Client and service assessment
2) Duplex or house assessment
3) Purchase of investment
4) Ongoing professional support and reviews
FAQ's - How it all works
Uplift is the difference between what you pay for the property vs what it is worth at completion.
See diagram above in the booking section for more information on the process. However, we can guarantee that you will get transparency and a “no fluff” approach. If we can help, we’ll get to the point and provide you with all the info and support you require to assist with assessing any options you may be considering. If we do not feel we are a good fit, we will do our best to point you in the right direction.