GrannyFlats are popular with the masses for a variety of reasons. These flats are very convenient and provide the elderly with safe living options. In fact granny flats are an ideal choice for those who are looking at very affordable homes. These homes have lower maintenance and construction costs when compared to other traditional homes. This makes it very attractive for those who live on pensions and those who earn low wages. If you are planning for a Granny Flat, then you should consult different builders who specialize in such construction.
Benefits of Buying a Granny Flat
A granny flat offers a host of benefits. These include construction of additional space for living. For instance if you have any elderly or disabled people at home, you may wish to provide them with a separate space. In such instances a granny flat is an ideal option since it can be built as an addition to your existing main structure. If you have frequent guests at home, maybe you can think of an extension to your main home so that guests can be accommodated comfortably.
Sound Investment
For many, buying a Granny Flat is a sound investment because it provides you with a permanent income generating stream that can help reduce your home loan repayments. This can be achieved by renting your kit home which is nothing but a less expensive way of enhancing your returns.
Local Council Guidelines
Most Granny Flats have certain restrictions to them. Every home owner is expected to follow the local council guidelines. In fact, recent legislation has made it quite easy for home owners to construct granny flats on their existing property which is classified as a secondary dwelling. However, there are some restrictions like:
· Only one granny flat can be constructed per block
· These homes should not be built on strata block or dual occupancy
· You cannot sub divide the property by constructing a granny flat
· Size limit with regards to the floor space area
Make sure that you consider these points before buying a granny flat. Also ensure that the construction meets the Building Code of Australia conditions.
