Get in touch
with us today…
Contact us for a private viewing to see a granny flat in your area today!
Employment Opportunities
We are always open to hiring motivated and creative workers who share our same passion to provide high-quality dwellings and attentive customer service.
If you are interested, please submit your details and resume.
In NSW, it is permissible to rent out a granny flat for the purposes of generating a passive income. Depending on location, suburb and type of Granny Flat, you can expect an additional income of anywhere between $300-$700 per week!
Since the new Affordable Housing SEPP was introduced in 2009, the vast majority of Granny Flats built have been for property investors looking to achieve a second rental income from their property.
Whether you have bought an investment property to flip or hold, building a Granny Flat is a fantastic way to increase your property’s value.
If your interest is to buy an investment property to generate long-term, passive income, having a Granny Flat means you can receive two rental payments from the one block!
For investors looking to flip a property, a Granny Flat will increase your capital growth and attract buyers looking for a dual-income opportunity.
If you were to take out a loan of $100,000 from the bank, at 3.5% interest, to construct a Granny Flat.
The weekly repayment over a 30 year loan is about $124. If you rented your Granny Flat for $440 per week (average rate in Sydney), you will have an additional income of $316 per week.
A Granny Flat can pay itself off, while putting more money in your back pocket.
Please note, these figures are based off Sydney regional averages and vary depending on location, suburb and bank. We advise speaking with your accountant about the best way to structure your loan.
Generate a second rental income from your Granny Flat
Achieve a return on investment (ROI) of around 20%
Change a negatively geared investment in to a positively geared investment.
A second income means you can pay off your mortgage quicker, and purchase more properties.
Increase the property re-sale value by maximising its capital gain.
Additional tax depreciation benefits increase your ROI even further.
Granny Flat Solutions is the ONLY multi-award winning granny flat company, with over 15 awards under our belt.