The formula for successful investing! ADD A GRANNY FLAT!
Particularly as interest rates are so low, A lot of people are wondering is now the right time to get an investment? And if so where should I invest?
1. Focus on yield / cash flow - the better the % return, the easier it is to hold.
2. Upside potential - can you add a granny flat? As a rough rule a $130k council approved granny flat can return approx $350pw - that’s a 13% return on investment!
3. Position - the quintessential rule. Great location will make all the difference in resale speed and demand.
Contact us today - for free advice & assistance
to prepare plans for a fast approval to suit your site.
We have over 35 years experience dealing with
councils DA processes & Private Certifiers CDC