A triplex is the entry point to larger scale developments, with a higher level of complexity and more configuration options. Triplex developments in Perth are built in areas where the zoning is reflective of emerging housing opportunities, and generally are zoned at R20, R30 and R40.
With a triplex development, the maximization of built form is balanced against the common property required to service it. These types of projects also provide economy of scale benefits when applied to build cost and land cost per site.
A triplex also provides greater commercial flexibility when looking at partial hold strategies and holding cost minimisation. They are also still considered a residential development in the eyes of most lending institutions, thus making funding a little less complex than larger projects.
Overall, a successful triplex development can yield greater financial returns from both renting and selling than more modest sized developments. All our triplex home designs in Perth are constructed in such a way so as to create great comfort for residents, and great profit for owners.
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Zoning | Min Land Area Required |
|---|---|
R30 | 900 m2 |
R35 | 780 m2 |
R40 | 660 m2 |
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