Here to assist every step of the way, our comprehensive guide unravels the complexities of building a granny flat. Armed with the insights below (along with expert pointers to ensure a smooth journey!), you’ll be well-prepared for your construction experience.
Our thoughtfully designed granny flats offer the dual advantage of extra space and enhanced privacy. These self-contained living spaces are nestled within the confines of your primary family home, catering perfectly to one or two individuals. Beyond the practicality, there’s a certain allure for teenagers to revel in their own exclusive living area – a touch of independence they truly appreciate.
Whether it’s generating passive income or carving out private living space, numerous incentives drive the decision to build a granny flat.
Explore the key benefits below:
Impressive ROI: Beyond being more cost-effective than acquiring a separate investment property, renting out a granny flat can yield up to $14k annually based on size, features, and location!
Enhanced Property Value: Complying with council regulations, a granny flat can elevate your property’s worth by up to 30%. A substantial advantage, especially if selling is on the horizon!
Additional Family Space: Offer your grown children an affordable haven as they save for their first home. Post-move-out, the flat can transform into a guesthouse for cherished family and friends.
Independent Living for Disabled Relatives: Provide private space for your loved ones while maintaining essential disability care. NDIS funding allows for accessibility enhancements and in-home support.
Economical Senior Care: Instead of channeling funds into a nursing facility, invest in a comfortable granny flat for grandparents. With Aged Care Assessment Team approval, subsidized at-home care becomes feasible.
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Covering Mornington & Melbourne Region
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