Luxury granny flat as the perfect renovation HQ – Umina Beach
A granny flat … for the family???
At Acrow Investments, we were thrilled recently to be involved in something a little different: a granny flat for the whole family! The concept was exciting: the clients wanted to quickly establish a granny flat on their new property.
Once built, they’d move into it and then get stuck into renovating the main home.
This inventive idea meant their granny flat had to be modern, functional and able to accommodate an expanding family as the tradies got to work just across the yard. It was a challenge we were pleased to accept.
- Project description: A luxury granny flat that could also serve as an interim family home
- Project cost: $137,000.00, including CDC approval and construction fees
- Result: A superbly comfortable two-bedroom residence
- Build duration: 13 weeks
- Rental Return: When rented, the expected return for Umina Beach is an excellent $420 per week. However, for now, the main house residents have moved in.
This granny flat is the key to the client’s whole-of-site plans. As well as increasing the value of the property, the granny flat can become a secondary source of rental income after the renovations to the main home are completed and the family moves back in. Further, unlike many granny flat rentals, the owners will have firsthand experience of what it’s like to live in – something future tenants will appreciate.
As a laid-back, convenient and welcoming coastal hub, halfway between Sydney and Newcastle, Umina Beach is one of the most attractive areas of the Central Coast for a short break … or a sea change!
As a Central Coast commercial hub, the roughly 17,000 people who live around Umina Beach don’t have to travel far to shop, go to school, catch a bus or just relax on the sheltered sandy beach that forms the suburb’s south-east boundary.
The entire area – including neighbouring Ettalong Beach, Woy Woy and Blackwall (plus the secluded hamlet of Pearl Beach) – is growing both in prestige and popularity. And yet there is still a lot of space to grow. It’s a savvy investor’s dream alright.
The granny flat project
The granny flat’s modern monochrome colours are as striking outside and in. Even the bold black front door stands out proudly against the white weatherboard walls. From the porch, you enter an open-plan living + kitchen space.
From the dark wood-effect premium vinyl flooring through to the contrasting light subway kitchen tiles and deluxe grey stone benchtop, it’s luxurious choices throughout. Even the kitchen sink – jet black – is a statement piece in its own right. The bathroom too makes a statement, with a beautiful dark-chocolate-coloured vanity accented with premium tapware.
Each spacious bedroom has a built-in robe plus large windows to ensure plenty of natural light can flood the home as needed.
Because it will serve as the family home next to a renovation site, extra efforts were made to minimise noise. The anti-noise upgrades include double-glazing on all windows and glass doors plus solid-core internal doors. As a bonus, these features will also increase the home’s energy efficiency. After all, every landlord wants low running costs.
The owner’s granny-flat-as-renovation-lodging idea is a good one. It will save them rent while their home is a construction site and then become a source of income (est. $420 p/w/) that also increases the overall value of their holding. You have to agree, that’s a smart way to spend just $137,000.00 (including CDC approval and construction fees).
So, now that the granny flat is complete, the family has moved in and renovations can progress unhindered in the main residence.
Choose Acrow Investments
Here at Acrow Investments, we’re a family-run business that is based right here on the Central Coast. We love building granny flats, duplexes and dual occupancies for people moving to or investing in the region from Newcastle, out to the Hunter and down to Sydney’s northern outskirts.
When you’re looking for a specialist for your next project, contact us. We’ll be happy to talk through your plans and offer free site-specific advice and a no-obligation quote.
Granny flats offer endless possibilities to generate income from your existing property: whether as a short or long term rental which will generate a reliable and fixed income, building a granny flat is a great way to maximise the income from your property.
The latest in a long line of our granny flat success stories saw a lucrative gem of a property built for some great clients in Canton Beach. This modern, stylish granny flat will definitely go a long way to helping our clients achieve their goal of offsetting their mortgage – and do it quickly.
At Acrow Investments, we’re a team that takes pride in helping to make our client’s dreams real … through steel, paint, brick and timber! This is why we consider our latest project – a modern granny flat in Birmingham Gardens NSW – such a success. Located in this up-and-coming Newcastle fringe suburb, our client’s existing investment property already had a lot of notable features. And now it has one more: a stunning granny flat that’s already supercharging their return on investment.