An instant return on investment with a granny flat in Gorokan

We are delighted with the result of our latest project, to build a granny flat to generate an additional income in Gorokan, NSW.
- Project description: Design and build a property to appeal to the local rental market.
- Result: A modern granny flat built in keeping with the area and within commuting distance of the major business districts.
- Project cost: $133,000.00, including CDC approval and construction fees.
- Build duration: 15 weeks.
- Return on investment: The average rental return for Gorokan is $360/week.
The location

Popular with retirees and families alike, Gorokan is a safe, friendly suburb with schools, parks, and lakeside walks. With sports facilities and entertainment venues, the area is great for children, too. There is a major shopping area with a variety of food outlets in the adjoining suburb and the beaches of the Pacific Ocean are a few minutes’ drive away.
Being within close distance to the freeway, the suburb is popular for city dwellers visiting the lakes at the weekend and is becoming a magnet for commuters who want a quieter life on the Coast after a busy day in the office.
The project

The result is a modern and comfortable granny flat that enhances the property. With premium timber laminate flooring throughout, open plan living, and high-quality appliances, the home encapsulates style.
The monochromatic kitchen features stone benchtops, while the living area has a reverse cycle split system air conditioner.
This area averages $360/week in rent, so this granny flat will quickly offset any mortgage repayments and provide a great additional income stream for our very happy clients!
The numbers

Partnering with Acrow Investments

Acrow Investments are locally-based and renowned for our granny flats in the Central Coast, Newcastle, Lake Macquarie, and Hunter Valley areas.
Our granny flats are stylish, comfortable, durable and they look great. Our top-quality build is complemented by our fittings and inclusions.
Granny flats have become in high demand in the rental market, giving you a great return on your property investment from day one!
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