Benefits of owning a granny flat in Sydney

March 23, 2019

What is a Granny Flat?

A granny flat is an independent living area designed especially for one or two persons that are located on the ground of a single-family home. It is named as granny flat since it is one of the ways to accommodate old age people. Often in the building industry, the granny flats Sydney are known as an accessory dwelling unit or accessory apartment.

Most granny flats are the smaller version of a housing unit which comes with complete kitchen facilities. In some cases, the kitchen facilities are limited so that you can use only the mini fridge, microwave, etc. Granny flats are the convenient, functional and versatile space that can be used to serve your family and later it can be used as a source of additional income. There are some regulations you need to follow when it comes to building a granny flat. Some of the granny flat regulation includes

Free to build a granny flat in any area
Size limit in terms of square metres per block
You can build only one granny flat per block
Avoid subdividing the plots to construct granny flats
Granny flats can be built as a standalone unit or can be attached to the main building
Need to satisfy the requirements set by Building Code of Australia.
Knowing the above-mentioned regulations, you can build the granny flat according to your requirements. Here we have mentioned few benefits of owning a granny flat.
Additional Income
Tax depreciation
Increase your property value
Spreading your income risk
Additional Income

The main benefit of owning a granny flat is getting additional income. A granny flat provides a second income for the homeowners. This additional income will help you to pay your mortgage earlier and will lead you towards quick financial freedom.

Tax Depreciation

Owning a granny flat and renting it can give you extra claimable on your depreciation schedule. If you build a brand new granny flat with the help of Sydney granny flat builders, it will help you claim a lot of paper losses. This helps to offset the tax amount you have to pay every year.

Increase Your Property Value

The granny flat helps you increase the value of your property. When it comes to a family, it appears to be one room for their teenagers. On the other hand, the investor will give importance for the extra income it can derive to the owners.

Spreading Your Income Risk

Most people rely on single income to fund their lives. Renting out the granny flat can help you earn a second income. Choosing the right granny flat builders Sydney can help the owners built the high quality and comprehensive granny flats.

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Priya Uday

2023-06-13

Ron (site supervisor), you've given us a pleasant customer experience with our granny flat build You've been a game changer particularly when we had several professionals who were given the cap to manage our project for only brief times for reasons many Your signature attributes which does not limit to the friendly connect with your customer, transparent, timely and clear communication, go-get attitude, willing to go the extra mile for your customers, your eye for detail and giving us more than perfect examples.

Liana Totian

2022-12-02

Knock down rebuild of duplex in Denistone NSW. As this was our first build, we spent a lot of time speaking and researching builders. When we met with James, we felt at ease from the very first visit. James is the most honest, calm, easy going, and accommodating person. I am very fussy and would a times change my mind and never was it a problem with James. No issue was too big or small. I Highly recommend Amscorp and the wonderful, caring, dedicated, professional team. I’m absolutely wrapped with the workmanship and service from start to finish. You’re welcome to view my beautifully built family home to see for yourself.

Mick Patrovski

2022-10-05

Amescorp completed my granny flat in Hornsby, It was hassle free from start to finish. The site manager was brilliant in keeping me posted. Excellent professionalism. Very impressive construction. I highly recommended these guys as they deliver what they promise Mick.

Sam Fernando

2022-09-25

Amescorp built our granny on our investment property this year. Their communication, quality of work and attention to details has been amazing throughout the whole process from the time we walked into the showroom right up until we were handed our keys. James the director was great to deal with and was hands on throughout the whole process. We highly recommend using these guys if you are looking to build a quality granny flat. Thank again Sam

Tina Milovic

2022-08-17

We have just had our home built by Amescorp. We would like to Thank James and his team for a Beautiful home, from the design to final handover James and all his team and staff have done an amazing job. Thankyou Tina and Zoran

Gregg Thor

2022-08-08

Great place to look at granny flats. Good helpful staff willing to give you time and advice.