When we think of development, we often think of large-scale building construction. However, there could be a lot of potential for developing your current property with the addition of a granny flat, creating financial benefits for you, your family, and your future. Recent data from real estate analysts CoreLogic showed that over 500,000 existing homes across Australia were prime for granny flat development, with even more untapped opportunity in new build and house and land lots. If you’re looking to create an additional income out of your current property, keep reading to discover how an Akora transportable home could be your solution.
Low investment, big returns
Our transportable granny flat home designs require a relatively lower investment than traditional investment properties; you already own the land, and the dwelling itself is significantly cheaper to build than a primary house.
Investing in property to generate passive income isn't a new idea, but as interest rates are expected to rise, we are focusing on investment options with lower initial costs and a good return on investment. If you already own a property that has enough space for a granny flat, you can increase the property's value while creating a passive income source by renting it out. This way, you avoid the hassles of house hunting, auctions, and negotiations with real estate agents, all while enjoying the benefits of an investment property.
Plus, take advantage of our buy now, pay later opportunities. Simply secure your Akora Homes granny flat with a $5,000* deposit then enjoy $0 progress payments until your home is delivered allowing you to enjoy more financial freedom whilst your transportable granny flat comes to life!
Solution to housing issues
Building one of our granny flat designs not only offers you some financial advantages, but it can also significantly support your family or renters through a rental house crisis. More and more we’re being delivered the news of renting difficulties in the market, with rents being sky high if a property can even be secured in the first place. A common criticism for investment properties is that houses are being taken off the market for people wanting to enter it, profiting those with multiple homes. Granny flats offer the best of both worlds. You can add another rental property to the market, whilst generating a passive income, without affecting access to existing land or homes. Additionally, you can offer your family a feasible, reliable rental option.
When you opt into any investment, there is an element of risk involved. Our modular granny flats, however, offer very low risk points, while still delivering on the high return. Not only are they a more affordable option, but when building an Akora Homes modular granny flat you can watch your investment come to life through our customer portal, regularly updated with photos following the progress of your build. Additionally, by opting for the convenience of a transportable granny flat, your mind will be at ease knowing your brand-new Akora Home will be delivered to wherever you call home in just 33 weeks* from your deposit being paid so you can forget all about the lengthy wait periods that come with a traditional home build. Our triple guarantee (start date, delivery date and structural guarantee) means you can invest with greater confidence and enjoy high rewards sooner!
Ready to explore granny flat opportunities for your property? Contact our friendly team today!
*$5K deposit T&Cs.
*33 week delivery T&Cs.