At Spark Group, we recognize the advantages of redeveloping homes into dual occupancy (or duplex) developments, rather than simply renovating or selling and moving. Recent changes to NSW home building laws mean owner-builders now need a builder, adding significant costs and pressure on budgets.
But what if you could build a duplex at NO cost to you? With Spark Group’s Joint Venture program, you can. By partnering with us, you won’t need a construction loan or cash to fund the development.
When you qualify for a Duplex Development Joint Venture with Spark Group, we cover the planning and development costs of both dwellings. Upon completion, you own a brand-new home while Spark Group retains the other.
In simple terms, you provide the land, and we provide the rest. We even offer a cash bonus to homeowners in addition to covering all costs.
Contact Spark Group today to explore how our Joint Venture program can help you achieve your property goals.
The Advantages of a Duplex Development Joint Venture with Spark Homes:
Stay in Your Neighbourhood: Enjoy living in the area you know and love without relocating.
No Financial Outlay: No need for additional financial outlay to fund construction.
Cash Bonus: In many cases, Spark Homes pays an additional cash bonus on top of covering all development costs.
Rental Assistance: Receive rental assistance during the build to ease the transition.
No Extra Costs: Avoid additional stamp duty, sales commissions, builders’ margins, and relocation costs.
Brand New Home: Get a brand-new, efficient home with less maintenance and upkeep, tailored to suit your current and future needs.
Managed by Spark Homes: We fund and manage the entire pre-development and development process.
Investment Growth: Grow your investment portfolio without bearing the entire burden alone.
Structural Warranty: Enjoy peace of mind with a 6-year structural warranty.
Contact Spark Homes today to explore how our Joint Venture program can help you achieve your property goals.
