The process of duplex investment—from pre-planning to construction—can often feel overwhelming, especially for inexperienced investors.
Navigating complex regulations, obtaining approvals, managing construction details, and more require specific expertise and significant effort.
Without the right support, this can be tricky.
In this article, we’ll explore how Joe partnered with RPG to complete his duplex development, achieving his investment goals despite his concerns and the challenges faced.
What was Joe’s situation?
Joe had been interested in duplex investment but found himself unable to take the leap due to the intricacies involved.
These barriers caused Joe to delay committing to any project, leaving him with missed opportunities and lingering doubts about where to begin.
Here are the challenges Joe had faced:
Missed investment opportunities
Joe had considered venturing into duplex investment multiple times but never followed through over the years.
As a result, valuable opportunities to grow his wealth through property development were missed and left untapped.
Uncertain procedures
The complexity of land purchases, planning approvals, managing construction, and more made the entire process feel daunting, leaving Joe unsure of where to start for his investment.
The COVID-19 Lockdown
Just as Joe started his project with RPG, the COVID-19 lockdown took effect, stirring up uncertainties around timelines and costs.
The pandemic disrupted hundreds and thousands of projects across the industry, leading to significant supply chain issues, labor shortages, and delays in processing council approvals.
This heightened Joe’s concerns about whether his investment would progress within the expected timeframe and budget.
Faced with both the investment complexities and quarantine restrictions, Joe needed a reliable partner with proven expertise and experience to navigate all the intricacies and manage the whole process with minimal involvement on his part.
What Joe said about RPG after his project
What RPG delivered
With The RPG Duplex Investment Roadmap, we helped Joe bring his investment goals to life despite the challenges, offering a simplified, comprehensive experience from planning to construction.
Our turn-key approach ensured that Joe’s project was completed stress-free from start to finish, covering every detail while delivering remarkable results.
Here are the key areas of what we delivered:
Fixed pricing and securing finance
From the outset, RPG provided Joe with a fixed pricing for the entire project within just 10 days.
Most loans typically have 90-day terms. So, this early, transparent pricing freed him from the risk of unexpected expenses or budget blowouts.
While other builders may take at least 6 months to arrive at a fixed price, we guaranteed one quickly, waiving Joe from any hidden unexpected costs.
This allowed him to move forward with his project confidently, knowing his finance was secured in advance.
Fast approvals and planning
With the streamlined Complying Development Certificate (CDC) process, RPG started moving forward Joe’s project in just 30 days, skipping the usual council red tape.
Unlike the standard Development Application (DA) process that can take up to 6 months, CDC approval happens in under a month.
It allowed Joe to start his project and secure his loan faster, without delays or hassle. Also, this led to a sooner completion of his property, enabling him to capitalise on his investment faster.
Cost-effective construction
Once the approvals were in place, RPG managed every detail of the construction phase—from site preparation and property building to the final touches, such as landscaping and appliance installation.
We utilised prefabricated materials to avoid potential supply shortages, keeping the construction process efficient and within budget.
This holistic approach ensured that Joe’s duplex was built to the high standards, ready for immediate tenancy and required minimal maintenance.
Adaptability during COVID-19
The COVID-19 lockdown disrupted supply chains, labour availability, and construction timelines across the industry, causing unprecedented challenges in multiple levels.
However, our established network of trusted suppliers and contractors enabled us to resume Joe’s project as soon as the regulations allowed.
Our flexibility ensured Joe’s project maintained momentum, and the property was completed as planned.
Seamless turn-key management and handover
With The RPG Duplex Investment Roadmap, we managed every aspect of Joe’s project on our end—from preparation to completion. This way we removed the need for Joe to navigate any nitty gritty throughout the whole process.
We handled all the specifics, including site preparation, council approvals, inspections, and construction logistics, ensuring Joe’s only task was to watch his investment come to life.
Upon completion, We facilitated a smooth handover and conducted a thorough property walkthrough for Joe, leaving him a fully tenant-ready property with all certificates and compliance documents in place.
Investment results and long-term benefits
Joe’s experience with RPG wasn’t just about completing a construction project—it was about building a successful, long-term investment.
Here are the key outcomes that Joe experienced as a result of working with RPG:
Significant capital appreciation
Over the past 4 years, Joe’s property appreciated in value by approximately $400,000 annually.
This remarkable capital growth highlighted our expertise in selecting high-potential locations and executing quality builds.
Joe’s investment grew substantially, demonstrating the value of a well-planned duplex development in regional NSW.
Hassle-free ownership
With The RPG Duplex Investment Roadmap, Joe experienced a hassle-free journey in developing his duplex investment—By managing everything from council approvals to the final construction touches, RPG ensured that Joe did not need to deal with the complexities of property development.
This “hands-off” experience was a key factor in making duplex investment smooth and seamless for Joe, who wanted to avoid the headaches typically associated with building projects.
High tenant demand and consistent rental income
One of the standout successes of Joe’s investment was the high tenant demand for his property, resulting in consistent rental income. His duplex was well-built in a desirable location, ensuring him ease in finding tenants.
With our deep understanding of the regional NSW market, we strategically built this property to attract potential renters, reducing vacancy periods and maximising rental returns.
Also, our practical construction layouts ensured the best use of space in the property, keeping up its competitiveness in the rental market.
This contributed to a strong, consistent rental return, making Joe’s property a reliable and lucrative investment asset.
Minimal maintenance
RPG’s commitment to quality construction meant that Joe’s property required minimal maintenance over time.
We used high-quality, durable materials that reduced the need for upkeep and repairs, saving Joe both time and costs for maintenance.
This enhanced Joe’s investment yield by minimising future expenses, giving him peace of mind that his property was built to last.
Looking for a way to kick-start your duplex or dual-key investment?
Speak to our expert and discover how we can help you achieve your investment goals.