Granny flats – 5 Easy Steps to a Second Income
Five Easy Steps to a Second Income
1. Block suitability
Before designing and approving your granny flat it is important to check the suitability of your block for a CDC or DA approval against relevant controls.
2. Engaging a granny flat company
It is important to use the right granny flat specialist company to guide you through the process and eliminate any hurdles that may pop up along the way.
3. Design and Approval
Make sure you choose the best design to suit your block. Design choices can be huge and it is essential to get everything right at the design stage. This will streamline your building process.
4. Construction and Handover
Let the builders do their thing and nail out the building process. At this stage you would have engaged a granny flat company and the process for you all the way till handover.
5. Lease out and start collecting
Now it’s time to start cashing in. Picking an experienced local real estate agent is wise choice, they will be familiar with the current market and get you the best deal.
Congratulations
Now that you know the steps to your new granny flat investment, let us assist you reach your goal starting from step 1. Good luck!