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Granny flat with a luxury point of difference

by Apr 6, 2020

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Granny flat with a luxury point of difference

Rental investment granny flat in Weston, Hunter Region

In the growth town of Weston, in the Hunter Valley, our client approached us to create a luxurious, open-plan granny flat with a spacious feel.

Destined to become a rental home, our clients worked closely with our inhouse design team to ensure their potential tenants would have everything they needed.

Here is the project overview.

Project description: Creating a new source of rental income with the construction of an attractive and luxurious modern 2-bedroom granny flat.

Result: A stylishly finished new granny flat, nestled beside the family home, with a spacious feel and modern fittings, providing a solid income source.

Project cost: $130,000.00 including CDC approval and construction costs.

Build duration: 13 weeks, including decking.

Return on investment: Based on rental rates in the area, our clients can expect a return of $300 to $400 per week from this modern small home.

The location

Well situated less than an hour commute from Newcastle, Weston boasts a family-centred lifestyle with numerous schools, kindergartens, supermarkets and cafes surrounded by gently sloping green fields.

Also, home to a national championship speedway, golf course and sports fields, Weston provides the best of Australian semi-rural living.

Weston is experiencing a fantastic recent growth rate, due to better connectivity from the addition of the Hunter Expressway, creating a tremendous opportunity for property investment.

The project

The design plan for this Investment Property in the Hunter Region was all in the details.

Collaborating with our in-house design team, our client explained their needs and, together, we custom-designed a floor plan that delivered both a spacious and airy flow through the dwelling inside and out, making the most of the large outdoor space.

With the addition of a timber front porch and back patio, along with bathroom upgrades to create a luxurious feel upon entering, this project is set apart from the rest.

The numbers

Besides the significant impact on property value that a second dwelling makes, our clients are set to receive around $300 to $400 per week rental return on a total investment of only $130,000.

With a luxury bathroom upgrade, decking providing outdoor living spaces and timber look flooring, this is a fantastic investment.

Choose Acrow Investments

At Acrow Investments, we serve the residents of the Hunter Valley through the construction of granny flats, duplexes and dual occupancies.

As a local family-run business, we’re ready to assist you on your next residential construction project. Get in contact with us today for site-specific advice and a free quote.

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