People in Newcastle and across NSW are taking advantage of a lifelong investment opportunity that can offer them an amazing returns.
We have seen our Granny Flats create proven investments over many years now and you can also reap the benefits of generating a healthy and ongoing income. A Granny Flat offers you the most surprising figures when it comes to your return on revenue.
Regardless of the area you build in or what size Granny Flat you build, the return on your investment ranges from 15%-20%.
The result comes from a simple formula (below) that puts rental against outlay:
Income (yearly rental) / Outlay (product cost) x 100 = Return on Revenue (%)
- Tanya - Blackett, NSW
Valuation with 1 house - $285,000
Granny Flat Cost - $124,740
Valuation after 6 months - $525,000
Increased Value - $240,000
Total Rental Value (House + Granny Flat) - $630 per week
- Noal - Mt. Pritchard, NSW
Valuation with 1 house - $540,000
Granny Flat Cost - $101,909
Valuation after 6 months - $730,000
Increased Value - $190,000
Total Rental Value (House + Granny Flat) - $820 per week
- Sam - Marayong, NSW
Valuation with 1 house - $390,000
Granny Flat Cost - $95,298
Valuation after 6 months - $650,000
Increased Value - $260,000
Total Rental Value (House + Granny Flat) - $700 per week