We can't subdivide at the moment but our PPOR is on a large block with a powered workshop that is on a 6 x 9 meter concrete slab. There is plenty of room for a private courtyard and off street parking so we are thinking of putting a granny flat on (probably a park home transportable). Assuming we can get council approval what should we know about doing this for rental income?
No real downside apart from sharing your property with a stranger. But if it is set up properly you may not see much of them anyway.Maybe be careful if you plan to do a dual occ one day,The granny flat will count as a residence and in our council's eyes that would make it a tri occ. But if you can get past that hurdle make sure you build it in such a way that future sub or dual development does not require you to demolish the granny flat. Position it right.
Cheers
CazzieP wrote:Assuming we can get council approval what should we know about doing this for rental income?Which state are you in CazzieP?
If in NSW there is good news for you: http://www.planning.nsw.gov.au/plansforaction/pdf/Affordable%20Housing_Fact_Granny%20Flats.pdf
You must be logged in to reply to this topic. If you don't have an account, you can register here.
