#1 Granny Flat Builder On The Central Coast
Acrow Investments are expert granny flat builders in the Central Coast region including, Newcastle, Lake Macquarie and Hunter Valley. We are Central Coast based and know the ins and outs of building granny flats in your area.
We offer a large range of high quality, great looking designs and floor plans. Custom designs to suit your specific needs are our specialty, and they all come with amazing inclusions. We also offer a price beat guarantee and unrivalled support for property investors on the Central Coast.
CLAIM YOUR FREE 14-PAGE INFO PACK!
What is a granny flat?
An Acrow Investments granny flat is typically a small, 1 or 2 bedroom, self-contained housing unit located on the same block as a larger dwelling. A granny flat can be an ideal investment if you’re a homeowner looking to derive additional rental income from your property. It is a great solution for a family wanting a separate space for their growing teenagers or an elderly relative.
Investing in a granny flat is a smart, cost-effective way to acquire additional income from your existing property or create additional value for your home. The majority of Acrow’s granny flats are being rented for more than market value due to the stylish, high quality finish. Savvy investors have been coming to Acrow Investments for over 20 years to get their granny flat project off the ground.
How much does a granny flat cost?
A two bedroom, 60m2 granny flats with premium quality inclusions as standard start from $99,000 (Inc GST).
Depending on the location, your investment could receive between $350 – 450 weekly rent. Our clients are receiving on average $250 – $300 gross profit every week after making their interest only loan repayment. What an unbelievable return on investment!
There are standard fees that the council will charge when you build a granny flat and depending on the proposed construction site there may be some additional fees as well. Feel free to contact one of our specialists today for a free quote and site inspection!
Granny flats Starting From $99,000 (inc. GST)
For our two-bedroom, 60m2 granny flats with standard inclusions.
Expected Approval Duration
Up to four to six weeks
Expected Build Duration
Ten weeks with optimal weather conditions.
Average Rental Return*
$350 – $450 per week. *Based on averages in the Central Coast area.
What is included?
Acrow Investments provides excellent inclusions and quality materials & appliances for all of our development properties. We use only the best suppliers in Australia, including Dulux paints, Weathertex cladding, Premium laminate timber flooring, Colorbond Steel, Harvey Norman appliances, Beaumont Tiles & many more!
Our standard inclusions cover all internal areas and typical external areas including: framework, wall cladding, painting, roofing, rainwater control, windows, doors, insulation, linings, architraves and flooring.
Bathroom & Laundry
Acrow’s bathrooms are expertly constructed and include high quality fittings and accessories – all provided by Harvey Norman.
- Semi frame-less aluminum shower screen with tiled floors and shower recess.
- Chrome plated shower set (minimum 3-star water rating)
- Fully ceramic close-coupled, soft-close toilet suite with 4-star water rating.
- 600mm mirror faced shaving cabinet with two soft-close doors.
- Full ceramic top vanity basin on legs with polyurethane coated doors/drawers.
- 3 in 1 heater, light and exhaust fan combo.
- Stainless steel toilet roll holder, soap holder and towel rail provided.
- 300 x 600mm Beaumont tiles for shower area, laundry tub and vanity splash backs.
- Stainless steel laundry tub (45 litres) and tap sets installed for washing machine.
- Two coats of waterproofing applied to all areas.
Acrow’s kitchens are functional, modern and include premium quality hardware and appliances, provided by Harvey Norman.
- High gloss polyurethane kitchen cupboards and drawers with soft close doors.
- 20mm stone kitchen bench-top as standard.
- Stainless steel flip mixer tap and 1.5x stainless steel sink (two bowls)
- 600 x 600mm vitrified tiles to kitchen splash-back (client to select colours)
- Premium Harvey Norman appliances (cook-top, range-hood and oven)
Lighting & Electrical
- Warm, energy efficient LED down-lights throughout (living, kitchen, dining, bedrooms)
- 10x double power-points, all light switches and hard-wired smoke detector.
- Porch entry light provided.
- 2.5kW Split System Air Conditioner to be installed.
- Clothesline, letterbox, TV point.
- Full builder’s clean to all internal areas, proudly presented by Acrow, ready for handover and occupancy.
All inclusions subject to change without prior notice. For a complete list of inclusions, please contact your sales representative!
Large range of granny flat designs & floor plans
Acrow Investments provide several amazing granny flat designs, including one and two bedroom units, designed with a garage, a pool or even built on two storeys. Our range of granny flats features more than 15 standard floor plans, which can be customised to suit your unique needs and existing property.
For more inspiration, visit our Gallery page and view some of the granny flats we have designed and built in your area. Our range of detached granny flats are available in these configurations:
One Bedroom Designs
Two Bedroom Designs
Designs With Garage
Two Storey Designs
Floor plans and designs may be adjusted to suit your particular circumstances. Contact us today for more information on how to get your perfect granny flat designed!
Is building a granny flat a good investment?
A granny flat is one of the best ways to add extra space to your home, but more property owners are realising the investment potential that comes along with it.
Buying an affordable investment property is getting harder in Australia’s capital cities. With property values climbing higher, gaining a solid return on investment for a unit, townhouse or apartment is taking longer than many people are willing to wait.
Using your existing space to build a granny flat can be a much more affordable and stress-free investment option. A granny flat is typically more affordable than buying an existing property, which means you don’t have to borrow as much from the bank. A smaller loan is easier and quicker to repay, especially if you intend to use the granny flat as a rental property.
Learn how our customers turned their granny flat addition into a profitable investment.
Increase your property value
Granny flats are an easy way to increase the value of your property. Potential buyers will view your property as an attractive investment when they see the obvious benefits of the extra living space or rental income from your unit.
This is backed by research – in the 2019 CoreLogic/Archistart Granny Flat Report, a granny flat can boost your home value by 30 per cent and add around 27% to rental income.
Learn how Peter and Margaret not only increased the value of their property by adding a granny flat but could also potentially generate a profit of $450 per week if it was rented out. Read Peter & Margaret full story.
Generate a rental income
Depending on your location, you could generate income from the on-demand market. Consider listing your granny flat on sites such as Air BnB – a great way to earn a steady income or some interim cash while you’re screening suitable renters.
George is now renting his added granny flat for higher than some of the primary dwellings in the area! Read more on building a granny flat in Hunter Valley.
Learn how this client from San Remo expanded his existing investment with a granny flat addition generating an extra $380 per week. Read the full story.
Achieve financial freedom
Chris has achieved financial freedom by building and renting out a granny flat that generates more money than her loan repayments. Read more on building a granny flat in Newcastle.
Why invest in Central Coast?
The Central Coast is both a beautiful region and regarded as an investment hotspot. It’s only 1 hour’s drive north of Sydney, where the increasingly unaffordable housing has encouraged buyers to flock to nearby regional areas in droves. So, despite the nation’s recent property crash, the Central Coast has continued to experience steady growth in the real estate market.
Over the past year alone, that growth has been 3.8% on average. Prices are set to continue to rise. The current population of the Central Coast is approximately 340,000, which is expected to increase to around 410,000 by 2036. Of this growth, 55% is predicted to be people aged 65 and older and the area is expected to need more than 40,000 extra dwellings in the next 15 years.
300+ Happy Customers
Have a question?
We have been leading the local building industry for many years and our experts get asked questions every day. See below some of our most frequently asked questions. Have some more questions? Feel free to get in touch with one of our experts today!
Can I build a granny flat on my property?
If your property meets the minimum site requirements for a granny flat in NSW, then yes, you can have the option of building a granny flat either attached or detached to your primary property. Make sure to read the NSW requirements or contact us today to find out if your block is suitable for a granny flat
Can a granny flat be two storey?
Yes, it is possible to build a two storey granny flat in Central Coast depending on local council requirements and as long as your plan complies with the front and rear setback requirements of the NSW legislation. Contact us today to find out if your block is suitable for a double storey granny flat.
Can you convert a garage into a granny flat?
Yes, it is very common to convert a garage into a granny flat. At Acrow, we have many year’s experience in designing granny flat conversions and getting projects approved and built. Contact us today to arrange a free site inspection and a quote to determine your options.
Do you need planning permission to build a granny flat?
Yes, you will require approval for your proposed granny flat. There are two approval options which are Complying Development approval or Council Approval. Complying Development approval generally takes around 4 weeks and Council Approval will generally take around 8-9 weeks. Our approval team are experts in all types of approvals and complete the entire approval process for you so you don’t need to worry.
What is the minimum / maximum size for a granny flat?
A granny flat is a self-contained small home of 60m² built in the backyard of an already existing house. The existing block must be a minimum of 450m2 in area and the maximum floor area in NSW for the granny flat is 60 square metres. Refer to the NSW council requirements for more information.
How close to the boundary can I build a granny flat?
If the block is between 450m2 and 900m2 in area, then the granny flat must maintain a 3m setback from the rear boundary as well as a 0.9m setback from the side boundaries.
For blocks between 900m2 and 1.500m2 in area, the granny flat must maintain a 5m setback from the rear boundary and a 1.5m setback from the side boundaries.
For blocks larger than 1.500m2, the granny flat must maintain a 10m setback from the rear boundary and a 2.5m setback from the side boundaries.
Other rules and exceptions apply, refer to the NSW council requirements for more information.
Learn More About Granny Flats
If you're interested in building a granny flat, either for it's practical uses or as a investment opportunity, you might be struggling with visualising how one would look on your property or you might be simply...
No council approval needed to build a granny flat on your property! That’s right, Central Coast home owners don’t need council approval to build a granny flat but their property should meet minimum requirements. In...
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.
CLAIM YOUR FREE
14-PAGE INFO PACK!