Renovator With Granny Flat Potential – Projected 7.5% Rental Yield in Brisbane

Today we are showing you through a great property a client Berwin picked up in Brisbane which is currently tenanted with plans to build a granny flat in the near future.

Book a Free Property Strategy Session

0:00 – Here we are on the northern beaches of Brisbane about to inspect a property
1:35 – Berwin’s plan for his investment property and granny flat build
2:53 – Here we are at the property, have a look at the fresh paint job
4:55 – A coat of paint can be one of the best investments you can make into your rental return
6:15 – This property has wide frontage which is perfect for a granny flat
8:47 – Walking down the backyard showing you where the granny flat would go
13:33 – The financial numbers on this property and Berwin’s goal
15:20 – Berwin’s long term plan for financial freedom

Property Details:

Front House Cost: $426,000 ($418,000 + $8,000)
Front House Rent: $420/week
Granny Flat Estimated Cost: $80,000
Granny Flat Estimated Rent: $310/week

Total Cost: $506,000
Total Estimated Rent: $730/week

Recommended Videos:

Pumped on Property’s Interview with Berwin

Granny Flat Walkthrough 12% Rental Yield

DISCLAIMER No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:

  • Any information provided by us is provided as general information and for general information purposes only;
  • We have not taken the Listener, Reader or Viewers personal and financial circumstances into account when providing information;
  • We must not and have not provided legal, financial or taxation advice to the Listener, Reader or Viewer;
  • The information provided must be verified by the Listener, Reader or Viewer prior to the Listener, Reader or Viewer acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener, Reader or Viewers accountant;
  • The information may not be suitable or applicable to the Listener, Reader or Viewer's individual circumstances;
  • We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, Reader or Viewer, and we have not provided financial services to the Listener, Reader or Viewer.

"This property investment strategy is so simple it actually works"

Want to achieve baseline financial freedom and security through investing in property? Want a low risk, straightforward way to do it? Join more than 20,000 investors who have transformed the way they invest in property."