fullerton-st-stockton-main

One of the things we love about granny flat construction is new clients are frequently surprised at how personalised and functional a granny flat can be.

One seemingly ‘best-kept-secret’ is that a granny flat can in fact be two-stories – making the most out of the land available to it.

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Key takeaways

  • Two-storey granny flats maximize land use, offering more living space and features like garages.
  • A recent project in Stockton included a double garage and a 60sqm two-bedroom flat with modern amenities.
  • Such investments can yield high returns, with a cited example generating $320 per week in rental income, equating to a 9.5% ROI.
  • These flats are practical for adding functionality and value to properties.

Two-Storey Granny Flat Designs

We recently completed a two-story build in Stockton, including a double garage, with a two-bedroom 60sqm granny flat on the first floor. With a full kitchen, bathroom, open plan living area and deck, it really does come with all the bells and whistles!

Positively Geared Granny Flat Investment

The price for this granny flat construction was $174,000, with everything completed within 12 weeks we guarantee.

This client achieved a rental return of $320 a week for the granny flat and one half of the garage, leaving the other half of the garage for the existing house. That is a 9.5 per cent return on investment (ROI), excluding the benefit of the additional garage space for the existing house on the block.

If you’d like to know more about the flexibility of our granny flat designs, please contact us today.

 


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