I have a property in Perth Hills, it is in a rather nice spot, land size is 3/4 acre, (3200M)
There is a 2 bedroom house on the property, I am receiving very little rent from it. because it is quite an old house.I spoke to council, and was advised that I can add a small unit (Grany Flat type accomodation , only 1 bed room 1 bathroom) on the property.
I am thinking of putting a transportable unit,
Can this be a good idea ? will i be able to rent out such an unit? I am trying to incease my retal income.
Thanks
It could be a relatively low cost solution. There are a lot of transportable homes built for mining towns. The quality of finish on some of them is surprisingly high.
You would need to talk with a transportable home manufacturer though. I expect that the economy of these comes from the fact that they basically make the same house over and over again. A one bed on bath unit might not be a 'product' that they sell.
What about the option of replacing the current dwelling with a new, larger one? Or perhaps with a duplex? This can be done with transportable home products, and may increase your rent substantially.
Daedalus.
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