05 Oct 2018

Granny flats/dual living/positive cash flow properties

The key to any cash flow positive properties is in buying right. The  second most critical point is identifying  how to manufacture a positive cash flow property strategies such as  renovations, granny flats, dual living, auxiliary units and garage conversions to name a few. TRUWAY can assist you  in finding that property with the capacity  to a positively geared investment, to enhance your portfolio and provide you with supplement income.

Granny flats are an exceptionally trendy strategy that work very well in particular suburbs. With approvals  that can be obtained as a ‘Complying  Development Consent’ CDC by a private certifier with no council DA requirements in NSW, this may not be the case in other states of Australia.  TRUWAY project manages the  construction process and we have created a streamlined process for our investors.

What we have found to work best is to undertake a cosmetic renovation to the existing house at the same time as the granny flat is being construction in order to add manufacture capital  value and lift the rental return. TRUWAY  is fully licensed to project manage the construction and to have any renovation done via JLC Building and Developments so you can trust us to do the hard work for you.

Oh and check out TRUWAY Granny Flat design on the website www.truwaybuyersagent.com.au

We always recommend that you seek professional advice as this blog is for general information only