Newcastle granny flat achieves 15% yield

 In Granny Flat Investment, Granny Flats Newcastle

We were thrilled to hear that one of our Newcastle granny flats at Gateshead is currently achieving 15 per cent yields from their rent.

It is a 2-bedroom design, with a really generous open plan layout as well as a 12sqm alfresco area connected to the living area.

The total cost for the design and construction contract was $119,000 and it is now renting for $355 resulting in that 15 per cent yield. Yet another demonstration of the great property investment opportunity available to people who build a granny flat!

If you would like to know more about property investment through granny flat construction we’d love to hear from you.

Newcastle granny flat

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