Granny Flats – Space used wisely
It is worth considering adding a granny flat to your property when building or buying a new home
A granny flat can add premium value to your property of up to 20-30% more than the actual cost of building one. They also have the potential to increase the rental yield of your investment property by up to 10%. Rental return has been estimated by local real estate agents as $250 to $600 per week, so keeping up with today’s lifestyle trends by building an attached granny flat to your new family home can provide long-term benefits. Granny flats commonly built for in-law/outlaw accommodation, as a first home for young couples, or as a consistent income stream for current investors.
CSB Homes have design options for detached granny flats (free-standing) available, up to 60sqm maximum permissible size. Our team can sit down with you to discuss all your options step by step, which will help us provide a quote tailored to your needs.
Granny flats provide a golden opportunity to help ease the financial pressure placed on Australian families in the current economic climate. It is a low cost investment that can deliver a generous rental yield for the future!