CASE STUDY: A SMARTER WAY TO DO DUAL OCCUPANCY
Alistair Avenue, Forresters Beach: Strategy – A smarter way to do Dual Occupancies
- Planning Rule Changes: The recent changes to the Central Coast Council LEP and DCP now
allow dual occupancies in low density residential areas and there are options available for
streamlined planning approvals if the relevant criteria are met. - Site: In this case study, I have identified a site in a good location, that I can retain the existing
dwelling and create a new one on the same block of land, creating a detached dual
occupancy. - Strategy: In this case the existing residence was a four bedroom house in good condition
which offers opportunities in the rear of the block to create a new dwelling that has its own
access to the street. - Exit Strategies: There are multiple exist strategies available such as sell both dwellings, sell 1
keep 1 or keep both. - Risk Mitigation: Risks and holding costs are minimised with the retention of the existing
dwelling.
