• Sean Wilson

Granny Flat Case Study Logan


20% Return on an Initial Investment of $60k

A new development at 19 Yorkshire Crescent, Mount Warren Park.

Renovation of the existing dwelling & a new Construction of a Granny Flat in the backyard. 

$200/week Positively Geared

Original House & Land including all fees 

$305,631

Land, Reno & Building Costs for this project totalled 

$468,776

Bank Valuation

$510k

At 80% bank will loan $408k, outlay $60k personally

Expenses (rates, interest only loan 4.5%, agent fees)

$24,282 p.a

Rental Return of 

$34,840 p.a

Renovations to Existing House

  • New carport and driveway added in front of the existing house

  • Kitchen Renovations: Installed new range hood and overhead cupboards

  • Fresh coat of paint on all walls and woodwork - exterior & interior

  • New floor coverings to living areas and bedrooms

Cost of Renovation $13k

Rental Income $340 p.w


New Granny Flat

  • 70m2 Granny Flat with 2 bedrooms, bathroom and large deck with outdoor living/dining

  • Extras: 5.5kW air conditioning, concrete driveway, security screens, blinds, single carport, larger deck, letterbox, clothesline, separate water meter, separate power & phone point with data conduit.

All-Inclusive Cost of Granny Flat $150k

Rental Income $330 p.w



Want to Positively Gear Your Investment?

Contact us today for an obligation FREE quote! Click here.

90 views0 comments

Recent Posts

See All

Common Property Investor Mistakes

Over the years I have been invited to go inspect properties with clients for the suitability of development. These clients with a view to purchase these properties are always looking for value when it

Mark Wilson Design and Build is a registered Australian Company.

BSA Number: 1017931

COPYRIGHT 2018 - MARK WILSON DESIGN & BUILD. ALL RIGHTS RESERVED.