Do you plan to build a granny
flat just to rent it out to future tenants? Before you even study the
demand for leased properties in your area, you might want to check your local
building codes to know your limitations. What is the maximum floor area allowed
in a granny flat? Or, does your local
set of regulations allow non-family members to rent that extra space in your
lot?
Check the Demand
If your main goal is to get financial returns from your granny flat, check your local property
agent to see if there is really a high demand for such in your area. It is a
fact that not all families or couples would want to live in someone else's
backyard. Does the current trend go in the direction that favors the use of
these granny flats as alternative
homes for starting couples?
You might also want to check other factors such as the parking lot space or your property’s proximity to offices, supermarkets and other businesses in your area.
Discuss the Costs
With Your Granny Flats Builder
Now that you have gathered some important information about
the feasibility of your new project, start researching on the costs of building
your flat in your own backyard. Sure, Granny Flats Perth are fantastic investments, but you need to get everything right
because the cost of building one can eat away much for savings if things go
wrong along the way.
Call your granny
flats builder to check the type of terrain you have in your property, the
maximum floor area that you can possibly use or perhaps, the directions in which
your flat would be positioned. These are just some of the things to which you
need to pay close attention to make your building attractive enough to any
prospective tenants. Such information will also help your granny flat builders
to quote you the right amount you need to have in hand to complete the building
process.
After obtaining a quote from the builders, check on your
finances and see if there is a need for you to sign up for a loan. The average
cost of building a granny flat amounts to around $100,000. Take note that it is
very important to get your budget right since day one. Or, better yet, make
sure that the quoted amount you obtain from the granny flats perth builders is final, that no unexpected expenses would
arise in the future.
For more Information
Phone: (08) 9397 0963
Address: 630 Armadale Road Forrestdale WA 6112
Fax: (08) 9397 0956
ABN: 51 079 433 471
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