Go Design drafting services in Sydney share 3 things to keep in mind when considering building your granny flat.
Building a granny flat in your backyard can be a great investment and serves a number of purposes including extra space for relatives or guests or rented out to tenants which can provide quite a good income stream.
Here our drafting services in Sydney share 5 things you will need to keep in mind when considering building your granny flat:
1. Council Approval - Different councils have different requirements for residents wanting to build or renovate on their block of land. Prior to construction of your granny flat, you will most likely need council consent and approval in order to confirm your space is eligible for the changes. Our drafting services in Sydney can help you with your Development Application and dealings with council.
2. Restrictions - Council requirements will generally include a minimum land size before granting permission. You may think you have a large enough space, however, you need to consider any state or territory regulations of measurement before proceeding. For example, a Granny Flat in NSW must be built on a property of no less than 450 square metres.
3. Renting your Granny Flat - Many people tend to build granny flats to boost their property’s value and rent it out. This can work as a great investment and allows for extra cash flow. Be sure to speak to a professional to consider if the rent charged will cover the cost of the build.
For more information on building a granny flat, get in contact with our professional residential drafting services in Sydney.