Listen to Colin Fragar, co-founder of the Council Approval Group, talk about granny flats and how you can get more information.
Click on the “Play” button below to watch now:
Or for those that prefer to read, here is a transcript of the video…
So why build a granny flat? My name is Colin Fragar from Council Approval Group. I really want to answer that question for you today. Perhaps you’ve heard about granny flats or your neighbor has done a granny flat and you’re thinking,
Hang on, I’ve got to get on this bandwagon. Otherwise I’m going to miss out because there is a lot of potential with granny flats still in Australia, and a lot of properties that we can still get them approved for.
Guide to Granny Flats
So here at the Council Approval Group, we specialize in this development type. And I just want to share with you some insights which have come from a special publication, which we’ve put together just for you called Your Ultimate Guide to Council Approval. In here we talk about granny flats.Developer Insight
I just wanted to share with you another insight as to why to build a granny flat. First of all, a personal one, if you give me permission to share with you one of my own projects. And that is this property here. It is a granny flat, which we built that looks like a house, basically, but it’s actually a granny flat. And so this might maybe pivot some of your thinking about what granny flats can do. This has added not only capital value, but of course the rental value. What has it done for myself and my family? It has meant that our mortgage is zero. We actually do not pay any mortgage anymore because of this one granny flat.Okay, that might not be achievable in every area and it depends on your situation. So there are some better things that we can do for you. For example, a dual occupancy subdivision where we subdivide off the property, reduce debt levels, and things like that.
Keep going because you never know if right behind the next deal is maybe the security that you need for your family or will help you to live that life of your dreams that you want.
Get the Right Advice
But whatever the investment strategy is, it’s really important they get the right advice early on. So what I would like to do is to offer you an opportunity to have a consultation. If you claim your consult, what we’ll do is we’ll go through what you want to achieve, the property that you have in mind that you want to do it on, and then develop a clear roadmap for you going forward.My name is Colin Fragar from Council Approval Group. Keep going because you never know if right behind the next deal is maybe the security that you need for your family or will help you to live that life of your dreams that you want.