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Why are Granny Flats the Smart Investment for Senior Living?

by May 26, 2020

Home » Blog » Granny Flats » Why are Granny Flats the Smart Investment for Senior Living?

For many seniors in our communities, the discussion regarding their accommodation and living arrangements has come to the forefront with the current COVID-19 crisis. We all want our loved ones to feel happy, safe and comfortable in their homes, and to be in an environment that supports their needs.

Downsizing often leads to moving into a retirement village, moving in with family, or purchasing a smaller home.

Retirement villages are often the most popular choice for those who wish to maintain their independence but also have a support network around them. However, retirement villages can involve ongoing costs and hidden fees, and often you are only buying the right to occupy the space instead of purchasing the dwelling outright.

Moving in with family is another option, however this presents its own set of obstacles as close quarters living arrangements can cause strain on family relationships and often seniors may feel they are being a burden.

So, what is the solution? Downsizing with a granny flat is not only cost effective but provides both independent living and the support of living close to loved ones.

Our granny flats are fully customisable and can be designed to suit all accessibility needs.

Larger doorways, access ramps and disability-friendly fixtures are some of the ways in which we can configure your home to meet your needs. The best part is, everything is brand new – you will have peace of mind knowing that you do not need to worry about appliances breaking or the costly issues that older existing homes come with.

granny flat for seniors - kitchen

Some granny flat builders only offer prefabricated or standard designs which are not practical for seniors; at Acrow Investments, we work closely with all of our clients to design a home which is perfect for each individual. Servicing the Central Coast, Newcastle, Lake Macquarie and Hunter Valley regions, Acrow Investments has a proven track record in delivering affordable high-quality projects that exceed our client’s expectations.  

Downsizing in your own backyard provides low maintenance living, as the gardens and lawn to maintain are not as extensive as a larger house. Granny flats built on the same property as your family gives you your own privacy and independence, but also the option to easily visit your loved ones and lean on their support when needed.

granny flat for seniors - bedroom
granny flat for seniors - living room

With construction costs starting from just $99,000.00, an Acrow Investments granny flat is not only a wise financial investment, it is a wise lifestyle investment.

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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