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It all depends on what tenants expect, in the area that it's in. For instance, in an area near me there are mostly 3x1's. A 4x1 will get much more rent, and tenants are really not fussed whether they have car accommodation. Whereas in other areas if it's a 4 bedder, then it's expected to have...

You don't have enough funds to turn a couple of bedrooms back to a garage? But you can put in new bathrooms etc?:confused: FWIW, a garage does not need new gyprock & paint, so that's easy & cheap. BUT in saying that, I think you'd be crazy to do it, as more bedrooms often equals more rent...