3 Things to Consider When Building a Granny Flat
Granny Flats are quickly gaining popularity among investors. Those with decent sized blocks are itching to build something quickly, and investors looking to buy are prioritising blocks that can have a granny flat built on them.
3 Things to Consider When Building a Granny Flat
If you have a great block and you’re thinking of building a granny flat, or you are wanting to purchase a property with the option of adding a granny flat later, you will need to be aware of some of the risks involved in managing the tenants in the main home.
Here are 3 things to consider:
the wording in the lease agreement must be sound. Something as simple as a missed sentence can be the difference between a costly mistake or protection for you as an owner
the common areas need to be fully identified
get the site fully ready before you even put the tenants into the main home to ensure there is no future miscommunication or issues
Get in touch today to find out how we can help ensure you and the tenants have a straightforward and seamless transition when you build a granny flat