A Multi-unit is generally classified as a development with a yield of four (commonly known as a quadraplex) or more dwellings regardless of whether it’s a single storey or double storey.
This type of development is more prevalently linked to infrastructure such as public transport nodes, town centres and commercial districts that can support zoning of R30 to R60 or higher. They are highly sought after due to their proximity to inner-city hubs and areas undergoing gentrification.
As with any project that increases in scale so does its complexity. Design layout and configuration becomes of paramount importance in a multi–unit development. The developer needs to create a sense of balance between the dwelling and its surrounding land area. A poorly thought out layout can affect yield, look, feel and overall amenity thus impacting on the development’s desirability. Trying to cram on the maximum number of units permissible is rarely the best solution.
As a project increases in yield so do the benefits obtained to its economy of scale relative to its static costs, with the most obvious being land component per lot. Due to the larger number of dwellings in a multi-unit development, it lends itself to split hold and sell strategy.
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