Build a Granny Flat in Waverley, New South Wales | Estate agents

Build a Granny Flat

Locality: Waverley, New South Wales

Phone: +61 413 834 761

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21.01.2022 The Ultimate Guide to Granny Flats #3 REASONS TO INVEST IN A GRANNY FLAT There are several reasons to invest in a granny flat. However, these reasons vary depending on the purpose behind the flat.... Lets first cover those who wish to use the flat for its original purpose housing a relative. A granny flat is a great option in these cases because it offers you complete control over the design. As such, you dont have to go out looking for a property that meets your relatives needs. You can instead build the property around what the resident will need. This is particularly important for elderly people who have issues that limit their mobility. A well-designed granny flat allows you to take care of your relative without damaging their sense of independence. But what about investors? There are several reasons why granny flats make a smart investment They add value to an existing property, as you can see from the case study. This allows investors to increase their rental return. Typically, youll also achieve a higher sale price later on. Compared to buying an investment property, granny flats are extremely affordable. Message us to get a quote In many cases around Australia granny flat owners earn a consistently high rent return, in many cases over 20% Its usually possible to build at a lower price too, especially if you use a prefab home kit. (stay tuned for building tips!) You have complete control over what the flat looks like and the features that it possesses. This means that you can build a flat that specifically appeals to the demand in your location. This compares favourably to the idea of having to search through dozens of properties to find one that suits your needs. Youre not limited to renting out the granny flat. If youre willing to downsize to the flat that you build, you have the option of using it as a place to live while you generate income from your main property. Typically, you can access loans for granny flat construction in the same way as youd access other construction loans. Check if your property can fit a granny flat, message us below for instant answer #grannyflatinvestment #grannyflats #propertyinvestment #buildagrannyflat

21.01.2022 Did you know your property could be printing and you dont know it owners that currently own a block size starting with the number , or can comment now to find out with an INSTANT ANSWER if you can fit a granny flat on your property! Simply comment 4, 5 or 6 belowto receive a PM with msg to check if youre in the money! It only takes 30 seconds and is % comment now

21.01.2022 Check out this #GrannyFlatOfTheWeek Pool 2 beds Kitchen Laundry ... Perfect Airbnb = = See more

16.01.2022 Hi guys, welcome to Build a Granny Flat! We look forward to sharing our passion of Granny Flats with you and hopefully making you more from Granny Flats! Well be posting some helpful tips, success stories, guides on how to build the ultimate Granny Flat, investment tips on how to secure your dream Granny Flat...basically everything you need to know about Granny Flats! Join us on messenger to get started on your Granny Flat Dreamclick to check if you qualify for the ul...timate Granny Flat! P.S. Keep an eye out for our #GrannyFlatOfTheWeek #grannyflats #buildagrannyflat #propertyinvestment #positivelygearedinvestment

11.01.2022 Kicking off the series of posts to "The Ultimate Guide to Granny Flats" we thought we should answer this first... WHAT ARE GRANNY FLATS? A granny flat is a secondary dwelling that you build within the boundaries of your own property. The thing is that theyre self-contained. This means a granny flat is essentially a property within a property.... The name comes from the original purpose of the flats. Homeowners would build them for their elderly relatives to live in, thus keeping the family unit together However, theyve since become an investment opportunity The rising cost of housing in Australia has led to many tenants considering granny flats as viable housing. Theyre also suitable for people who want to downsize from their current home. You could build a granny flat in your block and live in it while renting out the main property Theyre also a versatile property type that can fit most blocks. However, its important that you build within the regulations that your local council sets. For example, you cannot build a granny flat larger than 60sqm in New South Wales. Having said that, you have plenty of options for how they look as long as you meet the regulations. Its not uncommon for granny flats to have two or three bedrooms while featuring unique interior designs. Keep an eye out for our #GrannyFlatOfTheWeek showcasing the best designed granny flats in Australia. Check if your property is eligible for a 10-day approval too build a detached granny flat on your block here https://m.me/BuildaGrannyFlat?ref=approval #grannyflats #10dayapproval #propertyinvestment #rentalincome #buildagrannyflat

08.01.2022 Can you fit a granny flat in your back yard? Instant Answer Extra rental income Only takes 30 seconds Message now to see if you qualify ... https://m.me/BuildaGrannyFlat?ref=check

08.01.2022 The Ultimate Guide to Granny Flats #4 POTENTIAL PITFALLS All of this may make granny flats an alluring prospect for novice investors. However, theyre not perfect. Granny flats offer several pitfalls that may trip up the unwary. Heres a few tips to consider ... A granny flat limits your options when you try to sell the property later on. Remember that youve turned the property into a dual occupancy. Many residential buyers will hesitate due to that fact, especially if they have no intention of using it to generate income. You may limit your buying pool to fellow investors and residential buyers who specifically want a granny flat. You will face several restrictions from the local council Moreover, these restrictions vary depending on the council in question. You have to conduct plenty of research before building a granny flat, else you may run afoul of regulations. While a granny flat may be a smaller property, that doesnt mean that you can skimp on the costs of construction. A lot of granny flats arent suitable for tenants because the owners tried to get them up and running as quickly as possible. If you rush the work, tenants will recognise the poor quality. This could limit your pool of potential tenants or even make the flat impossible to rent out. Theres always a risk of overcapitalising and spending too much money on the construction. If you dont budget appropriately, you could end up with the shell of a flat that you cant afford to finish. Even with the growing popularity of granny flats, theres still a limited demand for them in terms of the types of people who want to rent them. You must understand that youre appealing to a small niche of the tenant pool with your flat. If your location doesnt offer the appropriate demand, the flat may sit vacant for long periods of time. As you can see, there are a few issues to look out for. Building a granny flat isnt for everyone, so its important to understand your situation before you start construction Check if your property is eligible and well give you an instant answer in 30sec #grannyflats #propertypitfalls #propertyrestrictions #buildingfails #investsmart #buildsmart #buildagrannyflat

02.01.2022 Q) How much is below? A) $365 B) $375 C) $385... D) $395 Reply with your answer to see if you are correct! .....this is how much our client earns per week from their granny flat!