Are you looking to see if you can subdivide your current property or trying to find an investment property that can be subdivided?
This is the second post in a two part series that walks you through the steps and tips, which you should consider in order to identify the key facts about a property. The first post ‘Can I subdivide my property: Planning schemes?’ covered what is classified as subdividing and how to establish if a property lot can be subdivided.
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Can I build a Granny flat (secondary dwelling) on my property?
The popularity of granny flats has increased significantly in recent years, driven predominately through media coverage. In this post we touch on some tips and steps to evaluating if you should construct a granny flat on your property.
Granny flats are often pitched as a great investment with strong rental returns as well as adding value to the existing dwelling. At the outset I admit I am not a subscriber to this strategy however do acknowledge in some instances, with the right conditions, they can stack up as an investment decision.
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