Building Lifestyle Through Investments

Double the income from a block with a new granny flat in Kincumber

by Dec 14, 2021

Acrow Investments have over 20 years of experience building granny flats on the NSW Central Coast. Affordable and high-quality, building an Acrow granny flat on your current block may be the perfect solution for your investment or living needs.

We built a stylish granny flat as an investment property for clients in Kincumber.

  • Project description: Build property to generate a dual rental income from the existing block.
  • Result: An ultra-modern granny flat with top quality fittings
  • Project cost: $120,000.00, including CDC approval and construction fees.
  • Build duration: 15 weeks.
  • Return on investment: The average rental return for Kincumber is $400 per week.

The location

Kincumber is nestled between the Kincumber Mountain Reserve and the Kincumber Broadwater. Described as a “bushy and beachy” location, popular for trekking through the forests and just ten minutes from fantastic beaches!

Numerous parks and children’s play areas, plus a highly-rated High School make Kintumber a family-friendly suburb. There are all the usual shops, cafes, restaurants and a pub, plus a fruit and veg market that is much-praised by the locals.

Kincumber is within commuting distance from Sydney. With a friendly and active community and major amenities within walking distance. The suburb is listed as ‘up and coming’ and is a desirable place for home-buyers and the rental market. 

Kincumber - Living Area

The project

Our clients, already property investors came to Acrow Investments for our help to maximise the income from their block in Kintumber.

They knew a granny flat was the perfect complement to the property which was already situated on the block and asked us to design and build their new investment.

The result is an ultra-modern granny flat with open-plan kitchen and living areas, premium timber laminate flooring throughout and high-quality appliances and finishes. The kitchen features white gloss cabinetry with a stone benchtop, the grey splashback tiles create an overall beautiful colour scheme in this granny flat.

As always, our granny flat looks wonderful and fits perfectly into this bushy, waterside suburb. This property will be quickly snapped up by renters.

The numbers

This project’s costs totalled $120,000.00, including CDC approval and construction fees. The client wanted a modern, spacious-feeling home they could rent immediately and which would also add value to the block. The average weekly rent in Kincumber is $400 so, paired with the existing rental income from the main property on the block, the granny flat will quickly offset mortgage repayments. 

Kincumber - Bath Room and laundry

Partnering with Acrow Investments

Acrow Investments are locally-based and renowned for our homes in the Central Coast, Newcastle, Lake Macquarie and Hunter Valley areas.

Our affordable granny flats are a great investment. Renters love the Central Coast lifestyle, with waterside living and the friendly, healthy, outdoor vibe. Within commuting distance of Sydney and Newcastle, city workers love to come home to the Central Coast and relax in the cool sea breeze after a long day at work. 

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