The Shiralee - a cheap Alternative to Granny Flats

Discussion in 'Innovative Property Investment Techniques' started by eng, 5th Mar, 2016.

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  1. eng

    eng Well-Known Member

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    I heard about "The Shiralee"on 2SM talkback radio and thought it was a great alternative to the granny flat. The Shiralee is made by Street Swags an Aussie non-profit org that provides social housing for families and people living it rough on the streets.

    You could add $200+ per week to your rental cash flow with a 2 bedroom base unit at $10K, or double the price and get the veranda, VJ lining, electrical pack, kitchen, guttering, colonial pack.
    • Cost $9K (1 bedroom), $10K (2bedroom) or $14.4K (3 bedroom).
    • Someone on Centrelink benefits could payoff the 2 or 3 bedder in 5 years.
    • Like a caravan, it's movable so technically you don't need council permission to put in (check with your local council though).
    • It comes with a ready to use kit to submit to council including certified engineering plans if required
    Check their website www.streetswags.org and price sheet for the full specs.

    [​IMG]
     
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  2. WattleIdo

    WattleIdo midas touch

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  3. Tim & Chrissy

    Tim & Chrissy Well-Known Member

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    Isn't the caravan/mobile home rule in NSW that the resident of the caravan must also be the resident/associated with the main house?

    @Terry_w might know.
     
  4. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Nice social initiative. Ikea have been working on a refugee quick assemble kit too. However these shed have been about for years and are the bane of any council. Installation is not the concern - Its connecting power, water, waste and occupancy.
     
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  5. bythebay

    bythebay Well-Known Member

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    has anyone here successfully installed one and collecting rent from it?

    @Paul@PFI how do councils treat this? do we need to get DAs from councils in NSW before we can throw in one of these?

    would existing granny flat companies agree to provide the service of installing and connecting power, water & waste?

    or is this more suited as a fancy shed for personal use
     
  6. Ed Barton

    Ed Barton Well-Known Member

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    Be careful. the founder of this charity has been accused of fraud.
     
  7. LukeR

    LukeR Well-Known Member

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    How hard is it to connect to power and water? Costs of this installation? Councils opinion and leniency on this type of addition? Anyone tried this in melbourne?
     
  8. datto

    datto Well-Known Member

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    Nothing is cheaper than a tent in the back yard. Except, perhaps, sleeping under the stars.
     
  9. Scott No Mates

    Scott No Mates Well-Known Member

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    I started with one in my backyard, then tidied garden and erected a temple or four. Now look at the joint....

    [​IMG]
     
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  10. datto

    datto Well-Known Member

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    @Scott No Mates

    Your backyard is awesome!

    What's those blue things in front of each tent? Welcome mats?
     
  11. Scott No Mates

    Scott No Mates Well-Known Member

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    @datto - they're prayer mats. Get used 5 times a day, more on Thursdays.
     
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  12. datto

    datto Well-Known Member

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    Why Thursdays?
     
  13. JacM

    JacM VIC Buyer's Agent - Melbourne, Geelong, Ballarat Business Member

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    Thursday is Centrelink payments day is it not?
     
  14. JacM

    JacM VIC Buyer's Agent - Melbourne, Geelong, Ballarat Business Member

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    Careful about homes on wheels. Council deems them to be caravans and generally won't let you park it on a resi block for more than 2 weeks.
     
  15. Scott No Mates

    Scott No Mates Well-Known Member

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    Waaay too suss if you take every Friday off to sit in my backyard and watch the sunrise.
     
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  16. samiam

    samiam Well-Known Member

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    Nice cash flow!
    Hope you wont hang on your 2017 resolution too long :p
     
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  17. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    A farmer in the UK had a radio on too loud and a bunch dropped by to listen. Glastonbury. Its OK until it rains.
    Camping.jpg