Building Lifestyle Through Investments

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.

Granny Flat With a Luxury Point Of Difference - Kitchen

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.

Granny Flat With a Luxury Point Of Difference - Bath Room

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 well as in the Central Coast, Newcastle, and Lake Macquarie regions.

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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