First-time Newcastle granny flat property investors increase ROI
Using a Backyard Granny design, this recently completed Newcastle granny flat was undertaken to increase the return on investment of the property.
With a street frontage, the two-bedroom granny flat was built on a slab, with the exterior finished in cladding to match in with the existing house on the site. The bathroom has been tiled, whilst the kitchen floor has vinyl planks.
It is a great example of a cost-effective yet stylish granny flat that will help the owners optimise the value of their land while also significantly increasing the rental yield from the property.
The granny flat is currently being rented out for $350 per week.
To learn more about our granny flat solutions, please get in touch.