If you happen to have a large backyard it can be an excellent investment opportunity for you.
The rental market is at its capacity, so there are numerous individuals searching for rental properties that are affordable. Depending on what your block’s layout is, it could be a very smart decision to have a backyard bungalow built to rent out.
For a fairly low cost, you could receive a regular income from space that had been previously unused. It is the easiest way of getting involved in the investment market and achieving financial freedom faster.
Better still, you will be able to conveniently earn an income right from you own backyard. For a one or two bedroom completely self-contained second dwelling, consider the Beach or the Hedge.