Building Lifestyle Through Investments

Happy Holiday Home In A New Granny Flat, Umina Beach, Central Coast

by Mar 12, 2020

Home » Blog » Granny Flats » Happy Holiday Home In A New Granny Flat, Umina Beach, Central Coast

While city-life offers many benefits, Sydney locals are finding solace in quiet NSW Central Coast settlements. Although some are looking for a tree-change or retirement, we’re honoured when our city-based clients approached us to create a relaxing holiday home in the beautiful beachside town of Umina Beach. 

Here is the project overview.

Project description: Our clients requested a modern 2-bedroom brick granny flat as an addition to an investment property. It’s to be enjoyed as a coastal get-away for our city-dwelling clients.

Result: A private and well-appointed brick holiday home with a separate entrance, enabling our clients to holiday without disturbing their long-term tenants and enable additional future rental returns.

Project cost: $140,000, including approval and construction fees.

Build duration: 12 weeks.

Return on investment: While our clients see value in holidaying in this home, as a rental property they can expect fantastic returns between $350 and $400 per week.

The location

Umina Beach is a warm and friendly coastal town midway between Sydney and Newcastle, making it an easily accessible Central Coast holiday destination.

Home to some 17,000 residents, the town of Umina Beach is a well-appointed regional hub with shopping centres, schools and excellent connectivity to state public transport.

Neighboring suburbs such as Ettalong Beach, Woy Woy, Blackwall and Point Clare are also popular holiday destinations due their prime waterfront locations. These suburbs currently present attractive investment opportunities and numerous properties with rear lane access and large rear blocks are available for sale.

The project

With Umina Beach being one of the most popular holiday destinations on the Central Coast, we weren’t surprised when the owners of this coastal property wanted to build a holiday home there.

Making the most of the large section with rear access, a self-contained granny flat with a private entrance would give our clients a private abode without disturbing the tenants in the main house. 

Our team was excited to reveal the 2-bedroom granny flat to our clients: they couldn’t wait to make the short trip from Sydney to share their investment/holiday home with their friends and family!

The numbers

This stunning compact home cost only $140,000, including approval fees. While it will primarily be used to create amazing family memories as a holiday home, the property would return a potential $350 to $400 per week as a rental.

Choose Acrow Investments

As a local family-run business, Acrow Investments provides building expertise particular to the Central Coasts such as Ettalong Beach, Woy Woy, Blackwall and Point Clare, Newcastle, Lake Macquarie and Hunter Regions.

We specialise in the construction of granny flats, duplexes and dual occupancies, adding value and purpose to residential properties while creating stunning places to call home.

Get in contact with us today for site-specific advice and a free quote.

A larger granny flat for a larger increase in rental return

A larger granny flat for a larger increase in rental return

The rental market in Saratoga, on the NSW Central Coast, is surging. And recently our team was called on to help a local property owner take advantage through further increasing the rental returns on their existing investment property. How? With an uncommonly spacious prestige granny flat.

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