What Is a Duplex?
A duplex is a residential building containing two homes that share a common central wall. The two properties are typically arranged side by side and have separate and distinct entrances, driveways, and gardens, as well as the features you would find in a free- standing home such as a kitchen, bathroom, bedrooms and living spaces.
The two units in a duplex development can exist on a single land title, Torrens Title, or be subdivided into separate titles, which means they can be sold and dealt with individually. Each home or unit can be lived in by different residents as it has its own mailing address and facilities. That’s why it’s known as the premium property investment and a requirement in a property investors portfolio.