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Add a Granny Flat.
Create a New Income Stream.

A second dwelling on the land you already own.

Many property owners are sitting on untapped potential in their own backyard. A granny flat adds a second, self-contained home to the land you already own — creating a new rental income stream and a more valuable property, without the cost of buying another one.

From feasibility and approvals to design, construction and handover, we manage every stage so the process stays simple for you.

Australia

NSW | QLD | VIC | WA

HOW IT WORKS

Five stages, from the first look at your site to a tenant moving in.

1

Preliminary assessment

We check whether your property is a good fit, looking at zoning and overlays, land size, the position of your existing home, easements, fire and flood restrictions, and state-specific requirements.

2

Strategy call

We talk you through the opportunity for your property and agree the next steps.

3

Design and approvals

We manage site investigations, floorplan and interior selections, and council and building approvals.

4

Build

Our building partners construct your granny flat, while we attend site inspections, oversee progress and keep you updated through to turn-key completion.

5

Rent

Once it’s delivered, we help you engage a property manager, list the new unit and find a tenant.

WHY CONSIDER IT

TYPICAL TIMELINE

6-9 months

Most projects take around 6–9 months from engagement to completion, depending on your state and site.

A

A small upfront investment on land you already own — no second purchase or stamp duty.

+ B

Our team supporting you throughout, from initial assessment to a more profitable, tenanted home.

= C

Build a more valuable property while also generating a second rental income from the same title.

Good to know

Every property is different. After the preliminary assessment, your site still needs a detailed review, covering covenants, earthworks, removal of existing structures and other site-specific requirements. Any additional works may involve additional costs. We’ll talk you through all of it before you commit to anything.

Curious whether your property could work?

Book a strategy call and we’ll talk you through it.

More you might like to know.

A granny flat is a self-contained second dwelling built on the land you already own. It’s separated from the main house by a fence and shares its existing services. This creates a second rental income from the same title, without buying another property or paying stamp duty on a second purchase.

We begin with a preliminary assessment of your zoning, land size, existing dwelling position and access, easements, fire and flood restrictions, overlays and state-specific requirements. A more detailed site review follows before anything is confirmed.

We do the work you would otherwise have to do yourself. We’ve already done the hard part of researching and selecting builders for you. While the builder handles construction and council approvals, we’re your team on the ground: we help you choose materials, we visit the site at each key stage to make sure the work is on track, and sort out everything the builder’s fee doesn’t cover, so your granny flat is finished and ready to rent. You make the key decisions, we keep everything moving.

Often, yes. We’ll consider access, privacy and how construction may affect the existing tenancy. Depending on your lease and state requirements, you may need to coordinate the works with your property manager and tenant before construction begins. We’ll work with your property manager to keep the process smooth for you and your tenant.

Costs vary with the site, design, approvals and any additional works required. We’ll help you understand the likely build cost and upfront contribution for your property. Your mortgage broker can then advise on the right finance approach for your circumstances.

Most projects take around 6–9 months from engagement to turn-key completion. The exact timeline depends on your state, approvals, site conditions and the build scope.

That’s the intention. Once it is turn-key ready, you can engage your current property manager or we can recommend you one. The property manager will then list the dwelling and find a tenant. Rental arrangements and requirements vary by state, which we check as part of the assessment.

As a minimum, a granny flat should add what you spent to build it to your property’s value. The main benefit, though, is cash flow. You only pay for the build, not a second block of land, so the rent can give a strong return on what you spend. A second dwelling can also make your property more appealing to investors and some families. Results depend on your site, build cost, finance and local rental market, so we’ll show you the numbers, including estimated rent, build cost and return, before you decide.

Book a strategy call. We’ll talk through your property, the likely opportunity and what needs to be confirmed before you commit.

info@assetbuyers.com.au

Level 36, 1 Macquarie Place
Sydney, 2000, Australia.
+61 2 8051 3059