Central Coast granny flat achieves 15% return on investment!

 In Central Coast Case Study

The Central Coast appears to have Backyard Grannys fever! We recently completed the build of our second designer Central Coast granny flat project on Berry’s Head Road, the most recent of many builds in the picturesque residential suburb of Wyoming situated amongst the Coast’s temperate sub-tropical rainforest environment.

The client, who lives in the property’s main dwelling, asked to have a mirror reversed version of our classic Alba design, with some unique added-on features.

The Alba, traditionally a two-bedroom granny flat from our designer range, usually features a double skillion roof and occupies around 60 square metres. However, this version of the design has been altered to a more rectangular shape with a single skillion roof.

The granny flat has been built up off the ground – due to the property’s slope – and a 6×3 metre Merbau stained pine deck with powder-coated aluminium hand-railing added. A navy exterior and white entrance door tie in well with the exposed pine. These modifications have resulted in the granny flat having a homelier personality than the Alba’s typical sleek and contemporary look.

The open-plan living area ties the kitchen/lounge/dining areas together seamlessly with a classic whites and off-whites colour palette teamed with a sandy-coloured, highly durable vinyl floor.

The kitchen features an acrylic splashback for a subtle pop of colour and a sizable window with blinds. Our client was really pleased with the soft close drawers, which is typically selected by our clients.

The combined bathroom/laundry demonstrate the functionality of the design while making the best use of space.

Twelve weeks was all it took to complete the build and add considerable value to the residential block, through the inclusion of this designer Central Coast granny flat.

This granny flat was successfully rented out for $400 per week making it a positive return on investment at 15%.

 

To learn more about The Alba or to discover the benefits in building a granny flat on your property, feel free to contact us by filling in the form below.

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Central Coast granny flat - Backyard GrannysBYG MBA 2018 winner