Is it crazy to buy a duplex sitting on a 600sqm block?

REA advertised a 2 x 1 duplex half but no price. "Ideal rental property or (subject to strata approval), re-survey to survey strata and reap the benefits of your 600sqm block"

Is it a more complex (i.e. expensive) undertaking than buying a freestanding house on a block, to be developed in the future?
 
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