Building Lifestyle Through Investments

A modern, comfortable granny flat in Kanwal that complements the existing home

by Sep 29, 2021

Discuss your dreams and property ideas with Acrow Investments and let us turn your ideas into reality. This project is a modern granny flat in Kanwal, Central Coast that perfectly fits the client’s brief.

Our client wanted to be able to downsize in their own backyard as they worked away from home for long periods. The solution was to build a granny flat on their property which they could move into and then rent out the main house. This gives them the peace of mind of having somebody living in the property while they are away working and also provides additional rental income.

  • Project description: A beautiful granny flat, for the client’s own use, with the main house generating a rental income.
  • Result: A modern two-bedroom granny flat. Both bedrooms have their own ensuite, providing privacy and convenience which is ideal for shift workers.
  • Project cost: $152,000.00 including CDC Approval and Construction fees.
  • Build duration: 15 weeks.
  • Return on investment: The client lives in the granny flat, receiving a rental income from the main house. Based on area averages, the granny flat is expected to earn a future potential income of $430/week in rent.

The location

 

Kanwal - Kitchen area
Within commuting distance of Sydney and Newcastle, Kanwal is a fast-growing suburb. In keeping with the Central Coast aquatic vibe, Tuggerah Lake is on your doorstep with fantastic fishing and water sports. Budgewoi Lake is another choice for a waterside stroll and the beaches of the South Pacific Ocean are a 15-minute drive away.

Kanwal is a quiet residential area popular with retirees and is family-friendly, with a major school and several parks and playgrounds. There are more schools in the neighbouring suburbs and major shopping centres within a short drive. Rugged national parks are inland from the coast, popular for picnics, hiking and cycling as a bonus to the lakes and the ocean.

The surrounding suburbs have restaurants and cafes where you can relax and enjoy the cool evening breeze. Acrow Investments are pleased to have built another beautiful property for another delighted client.

The project

 

Kanwal - Bed room
Acrow Investments is well known for building quality homes, with our latest project being no exception. Acrow’s latest granny flat has a classic weatherboard façade and beautiful colour scheme that matches the existing home perfectly while still maintaining its own individuality.

The property complements the area and has a fantastic large deck for relaxing with friends and family in the afternoon sun.

The interior features an open plan kitchen and living area complete with a breakfast bar as part of a U-shaped kitchen bench. Perfect if you’re a shift worker, both bedrooms come equipped with ensuites meaning everyone can have some privacy when they need it most!

With our usual high-quality fixtures and finishes, this is a modern, comfortable granny flat. With the ability to now rent out the main home on the property, this granny flat will pay for itself in no time.

The numbers

 

Kanwal - Bed room
This project cost $152,000.00 including CDC Approval and Construction fees. The owner intends to live in the granny flat and rent out the main house but could look forward to a future rental income of around $430 per week on the granny flat.

Partnering with Acrow Investments

 

Kanwal - Bath room

Acrow Investments are builders based in and covering the Central Coast, Newcastle, Lake Macquarie and Hunter regions. As local experts, our granny flats suit the neighbourhood and embrace the coastal feel while delivering all our clients dreamed of.

Get in touch today for site-specific advice and a free quote.

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