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Triplex developments are one of the most common ways Western Austalians can add value to their property investment.
Western Australia’s most common unit development for property developers is Triplex Developments. They are affordable, and have the potential to attract rewarding rent and profit margins, thus a very appealing development to become involved with.
Building three single or double storey properties on the one block with a common driveway will see your investment return maximised. The possibility of renting all three properties and receiving three times the amount of revenue from a single block; increasing the equity in your estate by having multiple properties on the one block; and the option of selling two properties as individual residences – thus receiving double the sales potential from your block, while retaining the third dwelling as an ongoing rental property, are only a few of the many advantages a Triplex Development offers.
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We had our first meeting with Sovereign and almost immediately they made us feel at ease and that we were in very capable and experienced hands.
The project was of a very high standard of finish
In combination with the Building Supervisor we were allowed good site access to synchronise specialist federation tradespeople with the builders schedule and tradespersons.
Our initial meeting with the Managing Director David Savietto was very reassuring, as he came to the site and never once did he say that the job would be too hard, which gave us a lot of confidence.
The thing that made us feel really comfortable was that we were dealing with a family business. The owners of Sovereign were always on hand if needed to advise us.