Dual key and duplex property can both provide more than one living area, but they are not the same investment structure. The better fit depends on the actual property, title, location, rental model and your objectives.
Dual key
A dual key property is commonly one property with two usable living areas. Review the exact layout, title structure and rental arrangements for the opportunity.
Duplex
A duplex commonly involves two dwellings on one site. The opportunity may differ in design, title arrangements, cost, resale approach and management.
Questions to ask
- What exactly is being offered and how is it titled?
- How do access, privacy and management differ?
- What are the current costs and rental assumptions?
- Which structure matches your strategy?
