If making a dual income or keeping a loved one close by is important to you, then consider the addition of a Granny Flat.
Vivo Homes are experienced Granny Flat builders and can help you with the whole process from property assessment, quote, design to approval and construction.
4 Reasons Why Build A Granny Flat
Affordability
Help your family by allowing them to build and live on your property. You’ll have the comfort of them being close by, yet there is separation providing privacy. It could be a retiring parent, a young couple just starting out, or single parent needing an affordable living solution.
Retirement
A granny flat offers an opportunity for easy retirement by downsizing, living in the granny flat and earning an income from the main house… all without the cost of selling and moving.
Investment
A Granny Flat is an ideal investment tool. Most investors achieve a 17% p.a return on the granny flat investment itself. This can be enough for a property to become cash flow positive in most cases. The additional income can help pay off the mortgage faster.
More Space
For growing families who like where they live and don’t want the added expense of selling and moving, a granny flat is an ideal way to extend family living. A granny flat can be used as a home office, hobby space and/or a space for visiting house guests.
To fully explore granny flat options, design and inclusions please visit: