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New planning reforms aimed at increasing housing supply in Victoria have now made it easier to build a small second home, commonly known as a “granny flat“, on the vast majority of properties across the State. The changes, recently introduced in December 2023, mean that properties of 300 square metres or larger can have granny flat added without requiring a planning permit (with some limited exceptions).
This granny flat can then be separately rented-out for extra income – a process that was previously banned in the State.
If you’re seeking to use low-cost development strategies to create additional cashflow, or even just want to boost rental income from your existing properties, then this could be a real game-changer!
Make sure you get along to this meetup where you’ll get comprehensive insights into the planning, design, and construction of granny flats, highlighting key considerations for property developers and investors.
Developing and investing in granny flats presents a unique opportunity for property investors to diversify their portfolio and maximize returns.
We’re excited to have two experts join us to share essential insights on the new rules and processes for the planning, design, construction and occupation of granny flats in Victoria, so you can unlock the full potential of this opportunity:
Planning Considerations
Speaker: David Klingberg from Smart Planning & Design
Building Process and Construction
Speaker: Farah Drake from Willow Grove Homes & Granny Flats
Speakers:
David Klingberg – With over three decades of experience in urban development, town planning, and urban design, David brings unparalleled expertise to the table. His involvement in significant projects nationally and internationally, coupled with a passion for education and training, makes him a trusted authority in the field.
Farah Drake – A seasoned professional with nearly three decades in the building industry, Farah’s blend of business acumen and industry expertise makes her a go-to expert in granny flat construction. Her dedication to excellence and commitment to craftsmanship ensure high-quality outcomes for every project.
Venue details as follows
Treacy Centre: Conference Centre
126 The Avenue Parkville Vic 3052
Arrive @ 6:30pm to network with like-minded investors
(Presentations start 7:00pm. Meeting concludes 9:00pm)
Plenty of parking in the street.
FAQ’s
-> Can I bring someone else along?
Yes, you are welcome to bring anyone who is interested in property investing, renovating, developing – it’s all about learning and networking with like-minded investors. Please ask them to RSVP so that we know how many people are coming.
-> What are you selling?
Nothing, these meetups are all about learning and networking with like-minded people.
-> What are my Parking options?
Street Parking: There is plenty of parking in the street.
I look forward to seeing you
– Tony
A property networking group connecting like-minded property investors, renovators and developers
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