Residential townhouse developments are the ideal development choice if you’re looking to maximise your profit. The WA State Government is easing the rules around population density in suburbs across Perth to tackle the housing crisis, so the opportunity is there.
Experienced, proactive property developers are taking advantage of the evolving R-Codes to create well-built and thoughtfully designed townhouses that maximise total living area to boost rental returns or resale value.
New townhouse developments offer a number of advantages. Townhouse developments are perfect for narrow lots, as the dwellings usually share walls, allowing more dwellings to be built on a space.
Smaller footprint means more dwellings
A major benefit of building a townhouse is that, where zoning allows, you can fit more dwellings on your property, which allows for more profit.
Opting for a two storey townhouse allows you to create homes with a smaller footprint. The second storey allows you to maximise the space, with larger living areas that will appeal to a wide range of the market.
Flexibility of design to suit space
Our experience of developing townhouses means we understand the importance of flexible design to suit the available space. We analyse the market you are appealing to in order to create a design that matches their needs.
Whether it’s separate zones to accommodate older children, or more outside space for a younger family, we can design a layout to suit your target market and maximise your profit.
Potential for profit
Townhouse developments offer the potential for profit in a number of ways. They’re suited to both the rental and sales market, leaving you the opportunity to either sell all of the units, or retain some to rent out.
Even at build stage, they can be a cost effective investment, as the shared infrastructure of joint walls and other services means they are less expensive than building standalone.
While new townhouse developments in Perth offer opportunity, there are factors involved in the process that require consideration.
Minimum lot sizes
Zoning laws are subject to constant change, particularly given the current housing shortage. Townhouse developers need to be aware of the minimum lot size in the area they are targeting.
In addition to minimum site area, zones lots may also have regulations regarding minimum frontage or outdoor living space.
Zoning laws and local regulations
Aside from the zoning laws contained with the Residential Design Codes (R-Codes), each suburb has its own local regulations. There may be rules regarding height restrictions, overshadow, setbacks to boundaries and overlooking your neighbours.
We will navigate all of these variables for you. We provide preliminary designs that include elevations, finished floor levels, total house area, plot ratios, site coverage, retaining walls and setbacks. We know the process like the back of our hand and are happy to share our expertise with you.
Driveways
Access will be another key consideration when planning a new townhouse development. You need to consider the entrance and driveway to each townhouse unit and plan their placement, width and access points to make sure there’s enough parking space and room for vehicle movement.
You will also have to factor in drainage to facilitate water runoff and prevent flooding. The size and shape of your plot may dictate configuration, but this will need to be factored in.
Objectives
First and foremost, we work to understand your goals. We can design a winning development whether you want to buy, build and sell, buy, build and rent, or a combination of the two. We offer full service and are known for our attention to detail and high quality finish.
Once we understand your objective, we can begin work on a strategy.
Advice
Once we understand what you want to achieve, we conduct a feasibility study to ensure the project is viable and that it can meet your expectations in terms of investment returns.
Coordinate and manage
Our high quality designs will be based on your brief and budget, as well as compliance and approvals and all the necessary construction documentation. We operate with complete transparency and work in partnership with you to create a design that fulfils your needs.
At Novus Projects, we're committed to supporting your development needs and would love to be your development partner. We can provide a detailed quote (or tender) for your proposed development. Contact us today to discuss how we can help bring your vision to life.
Featured projectsKensington ProjectThis project in Kensington was a finalist at the MBA Housing Excellence Awards in 2021Learn more-
Featured projectsMount Pleasant TownhousesNovus Projects was contracted to design and construct a collection of six high-end townhouses in Mount Pleasant.Learn more
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Featured projectsNorth Perth TownhousesA multi-townhouse development in the heart of North Perth, this project was a finalist at the MBA Awards in 2023.Learn more
Featured projectsRockingham TownhousesThis is a 5 dwelling apartment complex in Rockingham completed in 2018Learn more
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First and foremost we need to understand your goals. Do you want to buy, build and sell? Buy, build and rent? Or perhaps a combination of the two?
We conduct a preliminary development assessment to ensure the project is viable and that the project can meet your expectations in terms of investment returns.
This is based on the brief and budget, as well as compliance and approvals and all necessary construction documentation.
