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House and land packages – the simple solution to investment property

Posted on July 19, 2017 in Blog

House and land packages-the simple solution to investment property by Commodore Homes

With numerous benefits, we can see why so many investors are choosing to go with a Perth house and land package! If you want to save time and money, then a house and land package is ideal whether you’re a first home buyer or expanding your property investment portfolio!

Firstly – let’s define a house and land package. It is a new property that is sold off the plan, with a range of customisable home designs to choose from, often part of a new community.

House and land packages Elevation by Commodore HomesWhy go for a house and land package?

Your builder will roll everything into one – land, site works and finishes! Yes, one contract, one payment, one point of contact and one overall decision, making everything far more simple. A package allows you to move quicker, so whether you’re keen to collect your keys and move in, or start making money back on your investment, time is on your side.

Get more bang for your buck!

Selecting a house and land package offers you plenty of flexibility, while making sure you get the most from your budget. Remember, your builder is there to help – they’ve gone out and done all the research for you, so no extra footwork is needed… just another way we help make your property purchase smoother. At Commodore Homes we talk our clients through every step of the process and explain any complicated jargon so you know exactly what you’re getting.

Going through one company often means multiple savings – with fees being waived, less stamp duty, and various depreciable assets, all of which can save you money.

Starting from scratch

Unsure of what style of house you’re looking for, or the block size you need? We’ve specifically matched our homes to make the most of the land they’ll be placed on, taking advantage of orientation, driveway placement and other elements!

Just take a look at this clever design available in Hamilton Hill – it has it all, from the galley-style kitchen to a master suite with walk-in robe, yet is sits comfortable on a narrow lot. Or, discover this rear-loaded design perfectly located in Secret Harbour, encouraging socialising and communal cooking…

Location, location, location

Whether you’re looking to build north or south of the river, with many up and coming suburbs within easy reach of the Perth CBD, it may take you a while to choose your land. From Coogee and Spearwood to Queens Park and Bayswater – wherever you are based, we’ve researched local infrastructure and future plans to make sure you get the most from your package – just ask.

The perfect home design

Building new gives you the opportunity to tweak designs to suit your style or maximise your investment potential. There is no set floorplan or home design you have to follow, so although your chosen home builder often has an array of designs to select from, they tend to offer plenty of flexibility. Plus, you’ll also have the option to select a complete package, or more affordable range depending on your needs.

 

House and land packages-Floorplan by Commodore HomesWhy build new?

When it comes to renting, tenants are far more likely to choose a new home – if you had a choice, wouldn’t you? Up-to-date features, no hidden imperfections and modern layouts. Therefore finding a tenant should be much easier, making rental returns strong and in general, attracting better tenants.

Remove all sense of doubt.

Worried about not seeing what you’re getting? Check out display homes from your builder to discover quality, fixtures and fittings first hand.

Time is money

Plus, our 24 week construction to completion guarantee means you won’t be sitting around waiting for long and can expect a return on your investment quickly with our smooth process. To find out more about our building process and construction timeline, check out our From Paperwork To Key Collection Blog Article.

Community benefits

Looking for a place your family can call home? Packed with exciting facilities, future plans and a great team spirit? Whether you’re looking to purchase your dream home, or want a sought after investment property, the draw of a growing community with the latest and greatest amenities is often a big selling point that comes with house and land packages.

Financial Benefits:

Score Stamp Duty Savings

When investing in a house and land package, you will only pay stamp duty on the land element of the purchase, instead of paying for the property,which could save you thousands!

Tax Reductions

The benefits of depreciation are significant in a new home and should not be overlooked. In a new home, tax deductions can be claimed for depreciable assets such as the construction cost of the building itself as well as its fixtures and fittings – make sure you talk to a professional to discuss how you could gain.

Additional fees down the line

Maintenance costs on new properties are far less, especially in the first few years – you shouldn’t expect any nasty surprises, especially when your new home comes with a structural warranty keeping the cost of maintenance and upkeep at an all-time low.

What’s included?

Make sure you find out what features are included within your package before you sign. At Commodore Homes we say it how it is, with no hidden surprises. So when it comes to inclusions, we simply include what you need, not just adding elements for the sake of it!

We’re looking at the whole package

So combining a home design and block of land could offer you numerous benefits, why not get in touch to discuss all your options, or take a look at our current house and land packages available?