Granny Flat Site in NSW - $925k

The Client:
Paul is a seasoned investor looking to add a dual occupancy property to his existing portfolio.

‍

Why he appointed a buyer’s agent:
For Paul, it was all about research, planning, and execution. He knew that securing the right location was critical and understood that the ideal property would likely be off-market.

He wanted a team with expertise in council zoning, granny flat construction, and investment feasibility—ensuring his next purchase met his targets.

‍

The Outcome:

Secured an off-market, granny-flat-eligible site on 767sqm for $925K.

• The property consists of 4 bedrooms, 2 bathrooms, and a detached lock-up garage.
  
• Functional, well-proportioned floor plan.
  
• Level site for easy construction.
  
• Yield pre-granny flat: 4.16%.
  
• Yield post-granny flat: 6.2%.
  
• Located within a 5-minute drive of shops, cafés, and schools.
  
• Situated in an area where 80% of residents are owner-occupiers, with a historical growth rate nearing 10%.

‍