Stand-alone granny flats are a great option for families to accommodate older children, guests, parents or grandparents. However, they’re not just handy for giving your relatives some breathing room – they can be an easy way to generate income. With a relatively cheap price tag and easy-to-maintain nature, more Queenslanders are seeing the allure of granny flats.
Granny flats are typically defined as ‘secondary dwellings’, meaning they’re built on the same lot of land as the main dwelling. Most commonly, a granny flat is a stand-alone building in the property’s backyard and are ‘self-contained’, meaning they have a separate entrance and their own bathroom, kitchen, bedroom, laundry and living space.
Most council laws will stipulate that without the approval for dual occupancy, the property with a granny flat would require to be rented out as one single premise. This would mean one tenancy agreement, established between the lessor/agent and one household of tenants. A landlord may contact a property manager to request assistance to rent the main house to one household of tenants, and the granny flat to a separate household of tenants. This may require an assessment for a material change of use of the property with the local Council. Councils may issue show cause and enforcement notices against property owners who separately rent out granny flats without having first complied with council requirements.
Council stipulations and requirements around granny flats can vary between local government areas. Therefore, it’s imperative that agents familiarise themselves with the local laws surrounding granny flats of the area they work in. It’s also essential to request evidence of approval before taking on the management of the property as a separate dwelling.
Call Us today on 0427 154 966 to discuss how you can capitalise on a granny flat on your property.
Source: Reiq.com
Disclaimer: The opinions posted within this blog are those of the writer and do not necessarily reflect the views of Better Homes and Gardens® Real Estate, others employed by Better Homes and Gardens® Real Estate or the organisations with which the network is affiliated. The author takes full responsibility for his opinions and does not hold Better Homes and Gardens® Real Estate or any third party responsible for anything in the posted content. The author freely admits that his views may not be the same as those of his colleagues, or third parties associated with the Better Homes and Gardens® Real Estate network.