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Granny Flat – Positive Cash Flow Small Development Strategy

Property Bloom™ now offers an affordable development option for those looking to create a positive cashflow result. Gross yields around 8% can be created by locating the right property, upgrading the existing house using our special renovation techniques designed to add value, then building a two bedroom granny flat on the land.

 

*****STOP PRESS******  Jo's latest interview on granny flats is below:

 

https://www.youtube.com/watch?v=vcgqJbeKqjE

 


This is what we do:
 

property bloom granny flat

Search for property on large blocks of land that meet the criteria of NSW Affordable Rental Housing SEPP – State Environmental Plan Policy.


Research and analyse the site to ensure it meets all our needs for a strong development site. Findings are presented to our client.


Design; our two bedroom, freestanding villa design utilizes the maximum floor space allowance to ensure the highest rental return with a negotiated a builder’s discount which is passed directly onto our client.

 

Negotiate. Once the client has finance pre-approval, we negotiate the terms and purchase of the property.


Organise. We organize the necessary Pest & Building reports and surveys, again at a discount price for clients.


Renovate. We move quickly to obtain renovation quotes and book in our trades, who also offer special pricing for Property Bloom™ clients. 


Planning Process.  We manage the planning process and can have a CD Consent within 20 days. 


Manage and oversee the building phase and on completion recommend a good local agent to manage your properties.  We have a discount structure in place with our managing agents.


Report. All the hard work is professionally managed and reported to clients in a detailed weekly written report with photos of the progress.

 

 

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