The addition of a granny flat to your property has the potential to create a notable return on investment.
On top of increasing the value of your property, an average granny flat rental return of $350 per week (in the Sydney area) on a $100,000 cost works out to a gross return of approximately 18%.
Granny flats are a viable source of income for those looking to reduce their mortgage faster, or even to incorporate more cash flow in their everyday lives.
Previous 5 Star Granny Flat clients have rented their granny flats out as accommodation for travellers and students alike.
Contact us today to discuss your requirements further.