Why Build a Granny Flat Download

Why Build a Granny Flat

Granny flats have unlimited potential. Some of the most common reasons for building a Granny Flat are the following:

Investment

Granny flats are cheap and safer investment. Granny flats:

  • Achieve an excellent investment return.
  • Turn negatively geared properties into a positive cash flow investment.
  • Attain rental yields of 15-25% per annum PLUS capital growth each year
  • Have tax depreciation benefits of up to $6,000 per annum
  • Is a tangible asset that you can see and touch
  • Provides peace of mind knowing that your investment is not reliant on the stock market
  • Provide extra income which allows you to pay down your mortgage quicker
  • Creates greater equity to your home or investment portfolio

POTENTIAL BENEFITS OF A GRANNY FLAT

  • Earn more money (usually over $1,000 a month after interest payments) by generating a second rental income the legal way.
  • Achieve a return on investment (ROI) of around 20%.
  • Change a negative geared investment into a positive geared investment, helping investors to  pay off their mortgage quicker and in turn able to purchase more properties.
  • Increase the re-sale value of their property, helping you maximize the capital gain from the property.
  • Additional tax depreciation benefits increase your ROI even further.

Newlyweds

With everything being so expensive these days, it is becoming more and more difficult for young couples to save for a deposit on a new home. It would be much easier to find $10,000 for a deposit to build a brand new granny flat.

Family

An inexpensive way of providing a brand new home within your property for  elderly parents or teenage kids. It is an easy way of providing them with both with their independence and privacy whilst having the security of them being close to home and in a safe place.

Home Office

Ever considered how great it would be to work from home, save on fuel, tolls, car expenses, rent, parking and office leases? Well a brand new home office could be built in your own backyard for a fraction of the cost of a commercial office, while saving you money on all the other expenses.

Getaway

Need a space for hobbies or extra caricular activities? A Granny flat is an inexpensive get away where you can relax and do what you love to do best.

  • Creative living built a granny flay for us several weeks ago. Their quote was very reasonable and granny flat was well built. Creative Living were very honest and approachable at all times. Their standard pf workmanship was high. A very well done job by decent people. We are very happy with the end result and dealing with Creative Living Granny Flats and we highly recommend them to all who want a good job.

    Jai Shankar-Blacktown

  • I found Peter's team to be professional in their approach. It was obvious from the outset that they are highly experienced builders. The work and level of finishes was of a high standard and the price was extremely competitive. The build was a hassle free, enjoyable experience. I highly recommend Creative Living to anyone wanting to build a granny flat.

    Valda Coughlan-Smithfield

  • Creative Living built a granny flat for me at Blacktown about two months ago. Peter and his team took care of the whole process. He and Alex are very friendly and pleasant people, easy to get along with. The granny flat was extremely well built, in fact they exceeded our expectations. The granny flat was rented out almost immediately. I have no hesitation in recommending Creative Living.

    Anu RAI-Blacktown
Contact
(02) 9654 0800 0418 664 099 sales@creativelivinggrannyflats.com.au
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