Turning your backyard into seriously good rental dollars

The humble granny flat has come a long way - architecturally-designed two or three bedroom homes promise luxury and comfort, meaning a rental return of up to 20 percent per year, a substantially higher figure than Sutherland Shire's average of around 3.3 percent.

This is advertiser content from Providence Property Group.

An investment property is an attractive return-on-investment opportunity – that sits beyond the budget of many Australians at a time where property is both expensive and competitive.

But what if your investment property was a little closer to home – literally?

The humble granny flat is hardly a new idea, but gone are the days of the lengthy and difficult process of getting a flimsy cardboard-cutout assembled in your backyard.

State legislation changes in 2009 allowed granny flats to be approved via a complying development certificate (CDC) instead of a council development application (DA).

Zoned air conditioning is just one of many inclusions in a nano home

This created a steady rise of savvy homeowners looking to cash in on the trend on their terms – which has been met by a stunning architectural market evolution from granny flat to nano home.

These days, smart homeowners are investing in architecturally-designed modular nano homes complete with all the luxury framework, finishings and appliances of a regular home.

It’s this commitment to quality that has created an incredible return on investment for nano homes of up to 20 percent rental return a year.

When compared to Sutherland Shire’s current rental return rate which sits at 3.3 percent, it’s clear a nano home is currently an unparalleled property investment.

The superiority of a nano home lies in the precision of the structural engineering – full steel construction means the framework is durable while accommodating insulation and sound-proofing.

Forget the cramped feeling of a granny flat - a nano home feels light and airy.

The architecturally-designed layouts include a one bedroom design or a two bedroom two bathroom design with double-glazed windows, full zoo automation and full height tiles to all bathrooms.

Other luxury inclusions like zoned air-conditioning, ensuites for each bedroom and high-quality European appliances as standard provide an extra level of comfort that mean all the difference when determining rental pricing.

The complete Turn Key solution means a nano home can be assembled within a week due to the offsite pre-fab build, which means no lengthy construction noise and inconvenience causing a morning headache for months.

Nano homes are architecturally-designed - and it shows.

Capitalising on the land can provide first homebuyers a quicker mortgage repayment by occupying the nano home and renting out the main property, saving thousands in interest over the term of the loan.

Investment properties can benefit from an increased rental yield by turning one dwelling into two with the addition of a nano home on the block.

This is advertiser content from Providence Property Group.