“I have been in the investment industry for 15 years, and have never come across a safer investment that can reap such returns” Cid Daher, Co-founder of Granny Flats Australia
The above figures are approximate only, and based on average current rentals of granny flats in the Sydney area. Prices are based on a interest only rate of 7.5% on your mortgage. Prices may vary subject to your site conditions, and any council or basix requirements. It is recommended you seek professional advise from a financial advisor, or speak to your local agent to determine the rental rates in your area.
A granny flat can provide:
Rental yields of 15-25% per annum PLUS capital growth each year
Tax depreciation benefits of up to $6,000 per annum
A tangible asset that you can see and touch
Peace of mind knowing that your investment is not reliant on the stock market, or volatile industry of buying a brand new unit.
Below is a comparison of Buying a unit versus building a granny flat:
| |
INVESTING IN A UNIT |
INVESTING IN A GRANNY FLAT |
| Purchase Price |
$500,000 |
$100,000 |
| Stamp Duty |
$18,000 |
$0 |
| Legal Costs |
$2,000 |
$0 |
| TOTAL PURCHASE |
$520,000 |
$100,000 |
Below is a comparison on the Returns of a unit versus a granny flat:
| |
INVESTING IN A UNIT |
INVESTING IN A GRANNY FLAT |
| Rental Per Week |
$480 |
$400 |
| Rental Per Annum |
$25,000 |
$20,000 |
| Annual Strata Costs |
$2,500 |
$0 |
| Management Fee |
$1,400 |
$1,000 |
| NET RENTAL |
$21,100 on a $520k investment
THAT’S 4% per annum |
$19,000 on a $100k investment
THAT’S 19% per annum |
We challenge any financial advisor, stock broker or real estate agent to show us a better investment opportunity with low risk and high returns!!! |
