Affordable Granny flats in Sydney
Most families in Australia look forward to granny flats as an additional stream of income. Though traditionally, granny flat was meant for the ageing relatives at home to spend their later stages of life, the trend has started to shift these days! Here are a few ideas that can help you get the maximum returns from the granny flats
- Gain an extra income
Affordable Granny flats in Sydney is an excellent housing preference sought after by the young couples, the newlyweds who are saving for their own home, single parents, retirees and the empty-nesters. Many homeowners have discovered this wonderful opportunity and are looking up to granny flats as a way to complement their income. Cheap granny flats, which are isolated and reserved, are in great demand.
- Your Virtual office
The number of people who work from home is on the rise every day and a virtual office in a granny flat is the best way to have an office detached from home. You can enjoy your isolated workspace which is exclusively dedicated to your business with more concentration.
- Gift a personal space to your loved ones
As kids get older, their want for freedom also grows! It is a smart way to make use of the granny flat for this purpose, so that they can host parties with their friends easily without disturbing your schedule. Also, if you have your elderly parents at home, who find difficult with mobility or climbing stairs, these budget granny flats are of great help in providing them with their own personal space and comfort of having the family close at hand.
- Added value to your property
Best granny flats are a value addition to the property. They are a huge opportunity for the landlords, as they increase the property’s overall value. Even if you are planning to sell, you can increase the price of the property as you are giving the new landlords an opportunity of a consistent source of income.
These are just a few ideas, which can help you get the maximum out of your granny flat. On the other hand you can explore more based on your status quo.