If you’ve been thinking of renovating or extending your existing house, a granny flat is an excellent alternative as it provides much more flexibility as far as the use of available space is concerned. A granny flat can be a great way to give teenagers the space they desire for, still within the confines of parental control or just for that additional rental income to reduce the mortgage stress!
Building a granny flat as an investment is also a sound choice because it can provide an extra income for you and your family. If you rent out your granny flat or live in your granny flat and rent the bigger home, you may achieve yields of up to 20% with a small capital investment. Building a granny flat is relatively cheap as compared to buying a new house and also is relatively easy to maintain.
Whether you are looking for building a granny flat for an investment purposes or elderly family members or a home office or a teenagers retreat, Stellar Homes is passionate about creating a contemporary granny flat design of high quality and affordable granny flats to achieve the maximum return on investment while meeting the wide range of specific requirements for our clients.
We check the lot size, width, setbacks, surrounding environment (laneways, reserves, etc). Once we are satisfied that your property meets the minimum requirements of the local council for granny flat compliance, Stellar Homes team will visit your site at an agreed time for an inspection to check the following:
- Access to your backyard;
- Slope of your backyard;
- Stormwater connection;
- Electricity, Water and Gas connection;
- Whether trees, if any are to be pulled out or not;
- Positioning of the granny flats to optimise the available space;
- Distance from other structures; and
- List of items to be demolished, if any.
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