--- title: "Check out Paul’s Charlestown granny flat rental property – the latest money maker on his block of land! : Backyard Grannys" description: Ready to get the most out of your investment? Learn how Paul maximised his property's potential by renting out the main house & granny flat! image: https://blog.backyardgrannys.com.au/hubfs/18patricia-13.jpg --- Menu [Floor plans](https://www.backyardgrannys.com.au/granny-flat-designs) [Featured builds](https://www.backyardgrannys.com.au/granny-flats-portfolio) [How it works](https://www.backyardgrannys.com.au/how-it-works) [Price guide](https://www.backyardgrannys.com.au/pages/price-guide) [Investor guide](https://www.backyardgrannys.com.au/investors-information) [Contact](https://www.backyardgrannys.com.au/contact) [About us](https://www.backyardgrannys.com.au/about-us) [Showroom locations](https://www.backyardgrannys.com.au/locations) [Meet our team](https://www.backyardgrannys.com.au/our-team) [Awards](https://www.backyardgrannys.com.au/awards) [Resources](https://blog.backyardgrannys.com.au/resources) [FAQs](https://www.backyardgrannys.com.au/faq) # Check out Paul’s Charlestown granny flat rental property – the latest money maker on his block of land! Ready to get the most out of your investment? Learn how Paul maximised his property's potential by renting out the main house & granny flat! ![Backyard Grannys](https://blog.backyardgrannys.com.au/hubfs/BYG2025/Resources/General/byg_logo_240x240.png) Backyard Grannys 15 Dec 2020 · [Case studies](https://blog.backyardgrannys.com.au/resources/tag/case-studies) Share to [Facebook](https://www.facebook.com/sharer/sharer.php?u=https://blog.backyardgrannys.com.au/resources/charlestown-granny-flat-rental-property) · [LinkedIn](https://www.linkedin.com/sharing/share-offsite/?url=https://blog.backyardgrannys.com.au/resources/charlestown-granny-flat-rental-property) · [X](https://x.com/intent/tweet?url=https://blog.backyardgrannys.com.au/resources/charlestown-granny-flat-rental-property&text=Check%20out%20Paul’s%20Charlestown%20granny%20flat%20rental%20property%20–%20the%20latest%20money%20maker%20on%20his%20block%20of%20land!) · [Pinterest](https://www.pinterest.com/pin/create/button/?url=https://blog.backyardgrannys.com.au/resources/charlestown-granny-flat-rental-property&media=&description=Check%20out%20Paul’s%20Charlestown%20granny%20flat%20rental%20property%20–%20the%20latest%20money%20maker%20on%20his%20block%20of%20land!) [Get a free quote](https://blog.backyardgrannys.com.au/resources/charlestown-granny-flat-rental-property#PageForm) If you’ve got backyard space to spare and money on your mind, then a granny flat rental property might just be your best bet yet! As well as enjoying affordable construction fees, homeowners who decide to build and lease out their granny flat could rake in a return on investment as chunky as [10-20%](https://www.backyardgrannys.com.au/investors-information/). Throw in some depreciation entitlements and it’s no wonder aspiring landlords are quick to jump on this smart investment opportunity. It’s a win-win situation, too, with tenant’s accessing comfortable and contemporary accommodation for a reasonable price! What’s not to like? ![18patricia-13](https://blog.backyardgrannys.com.au/hs-fs/hubfs/18patricia-13.jpg?width=1024&height=684&name=18patricia-13.jpg) Well, that’s exactly what Charlestown local Paul Lynch thought. Equipped with its own bustling shopping centre just 15 minutes from the beach, Charlestown is a Newcastle neighbourhood with heaps of rental appeal – and Paul’s block of land sits right in the centre! A school teacher with a knack for property investment, Paul was already earning some extra income by renting out his lot’s primary residence when he realised the backyard was sitting idle… Aiming to maximise ROI, he turned his attention to building a second rental property behind his first. With the Backyard Grannys team by his side, it wasn’t long before Paul’s modern granny flat was ready for move in – only 14 weeks to be exact! ### Maximising Paul’s return on investment with a game-changing granny flat rental ![18patricia-5](https://blog.backyardgrannys.com.au/hs-fs/hubfs/18patricia-5.jpg?width=1024&height=683&name=18patricia-5.jpg)![18patricia-6](https://blog.backyardgrannys.com.au/hs-fs/hubfs/18patricia-6.jpg?width=1024&height=683&name=18patricia-6.jpg)![18patricia-7](https://blog.backyardgrannys.com.au/hs-fs/hubfs/18patricia-7.jpg?width=1024&height=683&name=18patricia-7.jpg) When it came to planning his perfect granny flat rental property, Paul chose a custom design carefully crafted to attract high-end tenants. With a dual skillion roof angled to capture golden hour rays and a raked patio surrounded by gorgeous landscaping (We’ve got Paul to thank for that one!), this home will tick all the boxes for anyone after a stylish outdoor entertainment area. Next, step through the sliding aluminium glass doors and into a long open-plan living and dining space. Illuminated by LED downlights, high windows and vivid white walls, the granny flat’s modern interior lives up to its façade. And the kitchen doesn’t disappoint, either! With its grey gloss splash back tiles, matte laminate marble bench top and state-of-the-art appliances, this cooking corner is sure to keep any foodie happy. Both boasting their own built-in mirrored sliding wardrobes, ash grey carpet and fan lights, the two spacious bedrooms are placed at opposite sides of the combined bathroom and laundry for maximum privacy. All things considered, we doubt Paul will have any trouble securing a tenant for this contemporary granny flat! ![18patricia-10](https://blog.backyardgrannys.com.au/hs-fs/hubfs/18patricia-10.jpg?width=1024&height=683&name=18patricia-10.jpg)![18patricia-11](https://blog.backyardgrannys.com.au/hs-fs/hubfs/18patricia-11.jpg?width=1024&height=683&name=18patricia-11.jpg)![18patricia-12](https://blog.backyardgrannys.com.au/hs-fs/hubfs/18patricia-12.jpg?width=1024&height=683&name=18patricia-12.jpg) > We cannot speak highly enough about our experience with the whole Backyard Grannys team. We wanted a company that we could trust to do what they promise and they certainly delivered. If we were ever in a position to build another granny flat, there is only one company that we would consider: Backyard Grannys. Thank you to the whole team for making what can be a complex process so enjoyable. ### This Charlestown granny flat rental includes: #### Exterior Features - [James Hardie Hardieplank 230mm](https://www.jameshardie.com.au/productrange/categories/cladding/hardieplank-weatherboard) cladding in Basalt - [COLORBOND® roofing](https://colorbond.com/products/roofing) in Shale Grey - Timber fascia in Surfmist - Aluminium windows in Surfmist with fibreglass fly screens - [Hume Range](https://www.humedoors.com.au/door-systems) frosted Newington XN5 in Surfmist - Sliding aluminium glass doors - 2,200L Round Water Tank - [Sandleford](https://www.sandleford.com.au/hilltop-letterbox-4) Hilltop Post Mounting letterbox in Black - [Daytek](https://www.daytek.com.au/product-range/clotheslines/fold-down) external fold down clothesline in Iron Grey - Rear patio #### Interior Features - Downlights and fan lights - Hunter Valley Roller Blinds in Vivid White - Fully framed mirrored sliding door robes in both bedrooms - Carpet in Ash Grey in both bedrooms - Vinyl plank flooring in Raw Cotton in living, kitchen and dining areas - Gloss White tiles up to 2100mm in shower - Kitchen splash back tiles in United Grey Gloss - Carrera marble kitchen benchtop with matte laminate finish - Brushed nickel kitchen door handles - [CACC1](https://artusi.com.au/products/cook/cooktops/) Artusi electric cooktop - C[AO6X](https://artusi.com.au/products/cook/built-in-ovens/) Artusi 60cm built-in electric oven - [ASO600RX](https://artusi.com.au/product/aso600rx/) Artusi slideout rangehood - [Roma](http://www.romabathroom.com.au/lt-35c.html) LT-35C laundry tub - [Midea](https://www.bunnings.com.au/chromagen-midea-electric-heat-pump-water-heater-170l_p5102830) 170L electric heat pump --- ## Got a question for us? Don't hesitate to get in touch. --- ## Related resources [See all resources](https://blog.backyardgrannys.com.au/resources) ![Celebrating 15 Years of Backyard Grannys | 1,500+ Granny Flat Projects](https://blog.backyardgrannys.com.au/hubfs/1-2.png) ### [Celebrating 15 Years of Backyard Grannys | 1,500+ Granny Flat Projects](https://google.com) Backyard Grannys celebrates 15 years in business and more than 1,500 granny flat projects across Newcastle, the Hunter, Central Coast and Port Stephens. [Insider](https://blog.backyardgrannys.com.au/resources/tag/insider) [Read more](https://blog.backyardgrannys.com.au/resources/15-years-of-backyard-grannys-1500-granny-flat-projects) ![The Rise of the Backyard Rental in NSW: Are Granny Flats Still Worth the Investment This Year?](https://blog.backyardgrannys.com.au/hubfs/DSC00006.jpg) ### [The Rise of the Backyard Rental in NSW: Are Granny Flats Still Worth the Investment This Year?](https://google.com) Discover why granny flats remain one of NSW’s strongest investments. Explore Newcastle rental yields, vacancy rates, and the benefits of building a granny flat investment with Backyard Grannys. [Rentals](https://blog.backyardgrannys.com.au/resources/tag/rentals) [Investment](https://blog.backyardgrannys.com.au/resources/tag/investment) [Read more](https://blog.backyardgrannys.com.au/resources/the-rise-of-the-backyard-rental-in-nsw-are-granny-flats-still-worth-the-investment-this-year) ![Keeping family close: building a granny flat for ageing parents](https://blog.backyardgrannys.com.au/hubfs/backyard-grannys-pacific-hwy-07.jpg) ### [Keeping family close: building a granny flat for ageing parents](https://google.com) Discover how building a granny flat for ageing parents can keep family close, provide independence, and add value to your property. Learn more with Backyard Grannys. [General tips](https://blog.backyardgrannys.com.au/resources/tag/general-tips) [Read more](https://blog.backyardgrannys.com.au/resources/keeping-family-close-building-a-granny-flat-for-ageing-parents-1) ![Backyard Grannys named finalist in three categories at the 2025 HIA Hunter Region Awards](https://blog.backyardgrannys.com.au/hubfs/20250625_BCI_43JarretStKillabenBay(BackyardGrannys)-21.jpg) ### [Backyard Grannys named finalist in three categories at the 2025 HIA Hunter Region Awards](https://google.com) Backyard Grannys’ Kilaben Bay project has been named a finalist in three categories at the 2025 HIA Hunter Region Awards, recognising innovation, affordability and design excellence in this bespoke luxury bushland granny flat. [Media](https://blog.backyardgrannys.com.au/resources/tag/media) [Read more](https://blog.backyardgrannys.com.au/resources/backyard-grannys-named-finalist-in-three-categories-at-the-2025-hia-hunter-region-awards) ![How to earn rental income from a granny flat in NSW](https://blog.backyardgrannys.com.au/hubfs/10South%20copy.jpg) ### [How to earn rental income from a granny flat in NSW](https://google.com) If you’re thinking about renting out your granny flat in NSW, here’s a clear, step-by-step guide to help you get started. [Investment](https://blog.backyardgrannys.com.au/resources/tag/investment) [Read more](https://blog.backyardgrannys.com.au/resources/how-to-earn-rental-income-from-a-granny-flat-in-nsw) ## Get in touch [2/2 Statham Street Bennetts Green NSW 2290](https://maps.app.goo.gl/yWwnF6JKNvFZ56qj9) [(02) 4947 2800](tel:0249472800) [Floor plans](https://www.backyardgrannys.com.au/granny-flat-designs) [Featured builds](https://www.backyardgrannys.com.au/granny-flats-portfolio) [How it works](https://www.backyardgrannys.com.au/how-it-works) [Price guide](https://www.backyardgrannys.com.au/pages/price-guide) [Investor guide](https://www.backyardgrannys.com.au/investors-information) [Contact](https://www.backyardgrannys.com.au/contact) [About us](https://www.backyardgrannys.com.au/about-us) [Showroom locations](https://www.backyardgrannys.com.au/locations) [Meet our team](https://www.backyardgrannys.com.au/our-team) [Awards](https://www.backyardgrannys.com.au/awards) [Resources](https://blog.backyardgrannys.com.au/resources) [FAQs](https://www.backyardgrannys.com.au/faq) [Our locations](https://blog.backyardgrannys.com.au/locations) Follow our socials [facebook](https://www.facebook.com/Backyard-Grannys-464560823635233/) [instagram](https://blog.backyardgrannys.com.au/resources/www.instagram.com/backyardgrannys/) [youtube](https://www.youtube.com/channel/UClt2fYl3o7764Nv6Z7bD40Q/) [linkedin](https://www.linkedin.com/company/backyard-grannys) [pinterest](https://www.pinterest.com.au/backyardgrannys/) Acknowledgement of Country © 2026 Backyard Grannys · [Terms & conditions](https://blog.backyardgrannys.com.au/terms) · Site by [Headjam](https://headjam.com.au) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Backyard Grannys", "url" : "https://blog.backyardgrannys.com.au/resources/author/backyard-grannys" }, "dateModified" : "2025-09-02T05:52:25.033Z", "datePublished" : "2020-12-15T13:00:00.000Z", "headline" : "Check out Paul’s Charlestown granny flat rental property – the latest money maker on his block of land!", "image" : [ "https://blog.backyardgrannys.com.au/hubfs/18patricia-13.jpg" ], "mainEntityOfPage" : { "@id" : "https://blog.backyardgrannys.com.au/resources/charlestown-granny-flat-rental-property", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.backyardgrannys.com.au/hubfs/BYG-logo-2025-main.png" }, "name" : "Backyard Grannys" } } ```