Property investor in Newcastle gains additional $300 per week by building a granny flat
A property investor is now seeing an increased ROI after contracting Backyard Grannys to build a granny flat on some available land he had at the back of an investment property in Waratah.
He had already been renting out the existing house and now is receiving another $300 a week from renting out the granny flat.
The contract price for this granny flat was less than $110,000 and consists of two bedrooms, one bathroom, an open plan lounge and dining area with adjoining kitchen.
Yet again, a granny flat proves a brilliant way for an investor to ensure they are gaining the highest yield possible from a property investment!
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