Want to know how you can turn your property into a profit? Summit Granny Flats turned the backyard of this…
Want to know how you can turn your property into a profit?
Summit Granny Flats turned the backyard of this Waikiki property into a investment strategy that now creates a passive, dual income for the client.
The process began with an expert consultant from Summit Granny Flats viewing this 712m2 property on behalf of the client, to see if it would meet all the requirements for a granny flat to be constructed in the backyard.
The overall objective was to find a property with an existing dwelling which could be rented out, as well as finding a property where a granny flat could be constructed, with the purpose of also renting it out as a long-term rental. Therefore, creating two investments on the one title of land.
This particular property ticked all the boxes due to Summit Granny Flats experienced team of supervisors, contractors and trades, the property was able to be set up similar to a strata development with a separate driveway and fencing – but without the large costs that come with a subdivision.
Speak to one of our consultants to find out how you can apply the same strategy.
WANT TO KNOW MORE?
If you would like to maximise the return on your property, get in contact with Summit Granny Flats today. Our team of experienced consultants will show you how to unlock the potential of your backyard.