Wanting to maximise their passive income without the substantial cost of purchasing an entire new property, this couple decided to take advantage of their 700m2 block and build an ancillary, 70m2 dwelling. The couple’s existing 3 x 1 brick home sits at the front of the block. Careful consideration as to how the new 3 bedroom home was positioned on the lot means that if the couple wish to subdivide in the future, they can easily, opening many other wealth creation opportunities.
Architecturally designed, the dwelling offers a compact footprint and a highly functional and comfortable interior.
Constructed within 12 weeks, the ancillary dwelling received an overwhelming amount of interest when it was released on the rental market and the couple were delighted to secure a weekly rental return of $70 higher than the advertised price.