Hey, do you live in Sydney? If yes, you may know well how the popularity of Granny Flats is on the rise here! In fact, it’s not hard to see why more and more people nowadays are investing in Granny Flats. After all, you can use it not just to create additional living space to accommodate elderly family members or guests but beyond that.
Now, if you are unsure whether to connect with top Granny Flat builders in Sydney and build one on your property, today’s blog is for you. We will be discussing here how having a Granny Flat on your property is the best investment you can make. Let’s get started.
Here’s Why Building a Granny Flat on Your Property Is a High-value Investment
In Sydney, Granny Flats can be designed in 40 and 60 square metres of space with one, two and three bedrooms. Hence, you can call it a second home on your property that actually boosts the overall value. And, utilising this Granny Flat, you won’t just create a living space for your children or elderly parents but much more, making it a high-value investment. Here’s how:
#1: Keep Your Elderly Parents and Family Close-
Whether it’s your elderly parents or any other relatives, they should have their independence and a separate space. But, since you are too busy to visit their place, why not bring them to yours? Adding a Granny Flat on your property allows you to create a living space for your elderly loved ones and keep them close so you can care for them and visit them whenever needed.
#2: Create Additional Accommodation for Guests-
Do you have friends and family over to stay often? If yes, you don’t have to share your bedrooms with them when they stay over. Instead, you can build a 2-bedroom or 3-bedroom Granny Flat on your property and let your guests have private and practical accommodation with the ultimate comfort so they have a homely feel.
#3: Generate Extra Income-
Suppose you don’t have guests or elderly relatives at home now. But, while not using it, you can still make the best use of your Granny Flat! You can add some passive income to your salary by renting it out. Or, if you live alone or just with your partner and are in your 50s or 60s, it will be a great idea to move into your Granny Flat and give your main home for rent to earn a huge amount.
#4: Boost Property Value-
According to recent research, Granny Flats in Sydney is likely to increase the value of any property by up to 30%. No wonder more and more property owners here are leaving ample space on the property for Granny Flats. If you have the same plan, make sure to work with Granny Flat specialists to make the most out of your space!
#5: Great Designs to Choose From-
Whatever your accommodation needs are, Granny Flat designs come with great options. Granny Flat builders will listen to your requirements for a secondary dwelling, measure the space you have and provide you with the Granny Flat designs, such as 1-bedroom, 2-bedroom and 3-bedroom living areas, with plenty of flexibility in how you want it to be built.
For example, you can make this second home enjoyable and entertaining all year round by adding a glass sliding door opening onto a covered deck or an extra bedroom to make it functional for families and investors.
Granny Flats are perfect for any lifestyle! It can make your plan of building a second dwelling on the property more practical and suitable to keep your loved ones close while generating an extra passive income. That’s why the demand for Granny Flats is rapidly increasing as a high-value investment for Sydney homeowners.
And, if you want to build one on your property, count on us. At Dwelcom Pty Ltd, we have the best Granny Flat builders in Sydney to provide 1-bedroom, 2-bedroom and 3-bedroom Granny Flat custom designs. Our experts will help you pick the right design for your accommodation needs.