Its time you benefited from a Granny Flat investment
Recent years have seen a dramatic shift in how we live, work and live life in general. Some things that we used to take for granted, such as a meal out with family, became impossible for a while, but while things are slowly coming back to a level of normality in many areas, the way we live and work remains changed forever.
With that in mind, many Australians are looking for new opportunities to aid their financial futures, and one such option is to work with Granny Flat builders Campbelltown and other areas trust and invest in a custom Granny Flat.
Now is the perfect time to invest in a Granny Flat
With the impact of the pandemic making travel abroad either impossible, or such a hassle that it makes the thought of a trip overseas more like a nightmare, staycations are the new thing for many Australians, and will be for the foreseeable future.
With a full-featured Granny Flat you can enjoy time with your extended family and have plenty of space for everyone. With the help of Granny Flat builders West Sydney residents and others can design a Granny Flat to perfectly fit any need, whether it sits in a quiet spot in your garden, by the pool or on its own complete with decks and a barbeque. That way, whenever you need a break, you have somewhere to go.
But it’s not just what we do in our time off that has changed, how we live has too. From family members struggling to survive through loss of jobs and more, custom Granny Flat builders Liverpool residents and beyond use can provide the space to help loved ones without the worry of getting on each other’s nerves in an overcrowded home. There are other things to consider too, aged care facilities have been ravaged by Covid-19, and many elderly people and their families feel less confident in the ability of such facilities to keep parents and relatives safe while the virus is still in circulation.
A Granny Flat is the ideal alternative, not only providing a safe and controlled environment to keep them safe from the pandemic, but in contrast to have an aged relative live within your home allows for the care they need without losing the sense of independence that can boost self-confidence. By working with a Granny Flat builder Sydney West and those across the region can enjoy a purpose-built solution that meets every expectation.
How we work has changed too, and you are much more likely to be working from home than ever before. But the kitchen table, or even a desk tucked into a corner is never the ideal space to work from, and a Granny Flat, complete with Wi-Fi and other amenities, is an ideal home office, not just for yourself, but to rent out for others. With the best Granny Flat builders Liverpool residents and those elsewhere can use, it is easy to create the ideal environment for any home working needs, while still having a comfortable space to use for leisure to if you wish.
With the cost of living rising too, whether temporary rentals for holidays or permanent for living, Granny Flats have impressive income potential both on their own or as part of the property as a whole.
An investment in your home brings impressive long-term benefits
By investing in a Granny Flat you gain an extra property at a fraction of the cost of actually buying a second property for investment. Yet a Granny Flat doesn’t restrict your earning potential, with many ways to benefit.
For instance, studies show that a property with a Granny Flat attracts around 27% more rental income than a similar property without? Having a Granny Flat for a home office, for relatives or staycations is just as appealing to renters as it is to you, and that makes it more desirable and more valuable. It is no surprise then that Granny Flat builders West Sydney trusts are in high demand.
But it isn’t just as a whole property rental that the Granny Flat can deliver additional income. The opportunity to rent a Granny Flat as a shared office, for holiday letting or an ongoing lease as a cost-effective alternative to apartments means that you can leverage your investment to generate significant returns if you wish.
Working with quality Granny Flat builders Campbeltown residents, as elsewhere in New South Wales, can benefit from a custom Granny Flat that is designed for their specific use.
Something for everyone
Whether you are looking for some extra space for family during a staycation, a place for aged relatives to be safe and still feel independent, a home office or just somewhere to go and read in peace, a Granny Flat can be a valuable addition to your home. The changes from the recent pandemic have made it even more valuable and practical than ever, and with little changing in the foreseeable future, will continue to be an excellent investment for your home moving forward.
The ability to raise funds from a Granny Flat have also been enhanced by the current situation, with demand for holiday rentals, cheaper long-term rentals, shared off space in convenient locations and more all meaning that there are multiple ways to turn your Granny Flat investment into an ongoing income. Talk to the best Granny Flat builders Liverpool or anywhere in NSW can find, and you can have a practical, profitable addition to your home.