Building Lifestyle Through Investments

How Much Does A Granny Flat Cost?

by Mar 14, 2018

Can I afford to build a granny flat?

It’s a question you might have recently asked yourself as you do the research and groundwork on your granny flat project. Building a granny flat on your property is a big investment and there’s a lot to consider in the planning stage. If you’ve gotten this far, you’ve already realised that ranny flats are an increasingly popular way to create income via your property or provide a residence to friends or relatives. Despite the name, granny flats are no longer just for “grannies” – they can be rented to whomever you like or used for a home office or teenager’s retreat.

Granny flats are not inexpensive but could actually be less expensive than a large scale home renovation or extension. They also offer exceptional return on  investment and can add more than their value to your home/property. As you research costs, we’ve developed a few tools & articles to make this process easier:

Our two bedroom, 60m2 granny flats start from $99,000 (ex. GST). This is a competitive rate on the Central Coast and one that includes premium quality inclusions as standard, including stone benchtops in the kitchen, Harvey Norman appliances and a 2.6kW Rinnai air conditioner. We also offer a price beat guarantee on comparable quotes.

There are fees that council will charge you to build a granny flat and depending on the proposed construction site there may be some additional fees so feel free to contact one of our specialists today for a free quote and site inspection!

What is my ROI?

Depending on the location, your granny flat could receive between $350 – 450 weekly rent. Our clients are receiving on average $250 – $300 gross profit every week after repaying their interest only loan for the granny flat. What an unbelievable investment return! To work our your ROI, please use our ROI calculator.

Chic Chain Valley Bay Granny Flat: Downsizing With Acrow Investments

Chic Chain Valley Bay Granny Flat: Downsizing With Acrow Investments

Downsizing can be a tough decision to make, but here at Acrow Investments, we ensure the outcome is worth it. This recent project is a testament to the benefits … The clients of this project came to us with the vision of building a second home in the backyard of their existing property – and then move into it!

Acrow Investments’ Biggest Morning Tea a Success in Raising Cancer Research Funds

Acrow Investments’ Biggest Morning Tea a Success in Raising Cancer Research Funds

Having such strong ties with the communities we work in, Acrow Investments hosted our first Biggest Morning Tea to raise vital funds to assist those impacted by cancer. Our team put together an amazing spread for an amazing cause, including some fantastic Acrow cupcakes and cookies from local Central Coast business Milk+Butter Bakery, with every dollar raised going to the Cancer Council to support research and provide care services.

WAIT! CLAIM YOUR FREE 14 PAGE INFO PACK

✔ Investment Tips & Tricks

✔ Granny Flat Inclusions List

✔ Detailed Floor Plans

✔ Approval Information & Process Details

No thanks.