With training as a financial planner, Ken Ong certainly knows the value of a safe strategy when it comes to his own investments. But after nearly a decade of renting out his Parramatta-area investment property at a mediocre yield and achieving less than stellar capital growth, he wanted to shake things up a bit.
Ken says he quickly learned about the new rules in NSW that allowed for streamlined approvals for granny flats, or secondary dwellings. He says it was easy to figure out that his property qualified, and after he did the math, he says, this strategy appeared to be the epitome of ‘safe’. Watch the video above to find out why Ken went with Granny Flats Australia to build his granny flat.