If you’re an Australian homeowner who’s looking to pay off their mortgage while making a profit, your best option should be to have a granny flat in your backyard.
It’s Easier and Cheaper!
Homeowners are taking advantage of relaxed laws allowing secondary dwellings in housing zones and streamlined processes for council approvals, and are building easy-to-install “Granny” flats. These can be rented out, used for family members or even a B & B. The money they receive can be used to help pay off their own mortgage.
What You Should Know about Granny Flats
If you’re interested in building a granny flat on your property, here are some things you should know:
– Granny Flats cannot be Roman Villas
This is a fancy way of saying, granny flats are simple, keep it that way. You have limited space. Try to build a home that’s balanced in design and is sustainable as a living option. Take inspiration from your own home, and build it as a miniature version. Even if you have some great ideas, it’s best to present your potential tenants with a simpler housing option, rather than an extravagant one.
– Focus on Comfort
There is no room for a study room in a granny flat. Instead of cramming different areas into a small space, focus instead on the essentials and build on that. Bedroom, living room, bathroom and a kitchen – that’s all you really need for a small space. That and some cosy, comfortable furniture to make a house look like home!
– Include Storage Space
With a granny flat, you have two options for storage; under the floor and in the ceiling space. Add shelving and storage cupboards in the structure and point them out when showing the house to potential tenants.
– Think about Your Privacy Options
Windows and glass walls have been a prominent feature in many granny flats. However, when installing them, you may need to consider how they influence privacy. Of course, your tenants will want their personal space. So instead of building those windows facing the house, add them to the alternate sides of the house.
– Incorporate Minimalism
Minimalist décor can make even the smallest homes look substantially bigger, making this design choice perfect for granny flats. Use simple tones when decorating the house, make less clutter and add only furniture that is necessary.
This will also allow your tenants to add their own personal touches to a basically blank canvas when they move in.
– Install a Skylight
Inexpensive, easy to install and aesthetically appealing, skylights can help bring those energy bills way down, since your tenants won’t have to have the lights turned on throughout the day.
Granny Flat Kits and Designs
Now that you know the basics of granny flats, call us at (07) 5641 2020 and talk to us about granny flat installations.
Offering specially designed homes that are custom designed to meet your requirements, these kit homes are available in various sizes and at affordable rates!