A granny flat investment property to bring in a rental income in Toukley

Result: A granny flat is a fantastic way to maximise your investment return from the one property, offering an extra small home on the one block of land. The clients of this granny flat located in Toukley on the Central Coast wanted to do just this, with the granny flat offering the ability to build and rent an extra home without the costs involved of buying two blocks of land.

This home is a coastal retreat, with an open plan kitchen and living area flowing out onto a perfectly complemented merbau entry porch and stairs. This granny flat boasts 2 spacious bedrooms with modern bathroom & kitchen.

A family-friendly area, Toukley is ideally located close to local beaches, shopping centres, schools, and hospitals. This modern granny flat encapsulates the tranquil coastal lifestyle of its surrounds and will provide our clients with a fantastic return on investment as each home has the potential to earn upwards of $400 rental return per week based on area averages.

• Project cost: $113,000.00 including CDC Approval and Construction Fees
• Build duration: 13 weeks.
• Rental Return : This area averages $400/week in rent