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    Minimum return you'd do a Granny Flat for?

  2. C

    Minimum return you'd do a Granny Flat for?

    Hey RetireRich, Another fellow terrace investor :cool: I'm in early stages of pricing atm but as a comparison I had a small GF built for $72k in Lake Macquarie, the builder came from about 3hrs North of newcastle. This was three years ago though, and I went super cheaper and small as I...
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    Minimum return you'd do a Granny Flat for?

    Ah! Duplex, that's somthing I hadn't thought of yet, for down the track. I looked at subdivision but not if its suitable for a duplex. Cheers
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    Minimum return you'd do a Granny Flat for?

    As always very practical advice Skater. I've been very similar with this one, last year was thinking of it but instead bought another unit in Cairns for the same cost. Now I too am looking at it again. Plan to keep this one long term as I like the cash flow we already get from it and...
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    Minimum return you'd do a Granny Flat for?

    Geoff I bet that's a nice GF! Got any photos?
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    Minimum return you'd do a Granny Flat for?

    Good points Simon, looking at it with the rose coloured glasses removed ;)
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    Minimum return you'd do a Granny Flat for?

    G'day All, One of my goals this year is to increase my cash flow to $xyz which is about another $20k p.a. The RBA has done some of the heavy lifting already :) The other low hanging fruit I'm considering is a granny flat on my Raymond Terrace property. The block is suitable for it, but...
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