Backyard Grannys Director Alex Mitchell has just been published in the October Issue of the Hunter Business Review (HBR). This recent article highlighted the benefits of building granny flats in Newcastle, the Central Coast and Hunter Valley for property investment.
Get a free quoteThe article informed readers of the opportunity that exists through building granny flats to achieve a rental yield of up to 15 per cent – which is 10 per cent more than the average rental return achieved on a subdivision.
The article also drew attention to the special rules surrounding granny flat approvals in NSW, in particular the fact that in most circumstances you do not require council approval to build a granny flat.
Click here to view the article or contact us to start your Newcastle granny flat or Central Coast granny flat investment now.
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