Building Lifestyle Through Investments

A Charming Granny Flat in Kotara

by May 5, 2022

Situated on the east coast of NSW, Newcastle is surrounded by golden sand beaches, a breathtaking coastline and a beautiful working harbour. The cafes, restaurants and bars, unique architecture and rich history stretch from the city to the suburbs.

Let’s take a closer look…

  • Project description: A charming granny flat in Kotara, Newcastle NSW.
  • Result: A modern, elegant granny flat that will be let out as an investment property.
  • Project cost: $153,000.00 including CDC approval and construction fees.
  • Build duration: 12 weeks.
  • Return on investment: Birmingham Gardens sees a rental return of $450 per week.

THE LOCATION

Living area - 261 Park Ave

Kotara is located about 9 kilometres outside Newcastle’s central business district and is know as one of Newcastle’s largest retail destinations. The granny flat is perfectly positioned in a central location, close to schools, shops and public transport.
Kotara is popular among the Uni students, families and retirees.

Situated in a quiet street, this lovely granny flat is privately tucked away at the back of the garden, and is close to all the amenities.
Featuring two bedrooms with built-ins and ceiling fans, open plan living, brand new kitchen, stylish full bathroom, and air-conditioning, this property would suit a single career professional or couple seeking tranquillity and privacy.

Kotara was originally established to create a garden suburb with high quality housing. The beautiful Blackbutt Reserve has walking tracks, picnic spots and wildlife. Or stop at Nesbitt Park, Kotara Park and Lugar Street Reserve for sporting fields and children’s playgrounds. Kotara combines a large commercial district with residential living and recreational areas.

THE PROJECT

Kitchen Area - 261 Park Ave

The beautiful neutral colours are contemporary and luxurious and combines beautifully with the natural leafy surrounding. The granny flat features a classic weatherboard facade combined with a grey and white colour scheme. The tenants will enjoy a large private, covered deck nestled in the natural surroundings.

The interior is beautifully laid out, making the most of the space, boasting an open-plan layout that gives the living and bedroom areas a comfortable and easy flow.

As this is to be a rental property, special attention was paid to ease of upkeep and practicality. Each bedroom features an a large built in wardrobe, a split-system reverse-cycle air-conditioning and modern benchtops in timber laminate flooring. The overall effect is a home that’s cleanly presented, attractive and easy to maintain.

THE NUMBERS

Bath Room - 261 Park Ave

 

The project itself cost $153,000.00 including CDC approval and construction fees. With the granny flat expected to rent for $450 per week or more, our clients are expected to earn a return on their investment in good time.

PARTNERING WITH ACROW INVESTMENTS

Acrow Investments is a family business that specialises in the construction of granny flats, duplexes and dual occupancies in the Central Coast, Newcastle and Hunter regions. We’re proud locals and we take pride in building our client’s dream homes.

Looking to expand your own property’s potential? Get in touch today for tailored, site-specific advice and a free quote.

Increased Family Living Space In Beautiful Bateau Bay

Increased Family Living Space In Beautiful Bateau Bay

Bateau Bay is a popular destination on the Central Coast of NSW for those who want to get outdoors and explore nature. You are a stone’s throw away from some of the best beaches on the Central Coast. If you enjoy bushwalking…

Lovely Granny Flat in Woy Woy

Lovely Granny Flat in Woy Woy

At Acrow Investments our customers are top priority in our business and 100% customer satisfaction is our goal. When choosing us we ensure that you have a have a dedicated team who will support you throughout the whole…

Free info pack

✔ Investment Tips & Tricks

✔ Granny Flat Inclusions List

✔ Detailed Floor Plans

✔ Approval Information & Process Details

No thanks.

WAIT! CLAIM YOUR FREE

20 PAGE INFO PACK