This granny flat investment in Melbourne is one of the most straightforward cases in the Innovista completed builds portfolio. A Noble Park block with an existing home at the front, unused space at the rear and a client who wanted income, not complexity. The result is a granny flat investment in Melbourne that was completed in November 2025 and tenanted in early 2026, delivering $550 per week from an affordable granny flat in Melbourne built for exactly this purpose.
We delivered this granny flat investment in Melbourne end to end, permits, construction and handover. One of the more efficient completed granny flat builds in Melbourne we have delivered in terms of build-to-income speed. The Affordable Series kept costs sharp without cutting the standard of the finished product.
The Build
The Lana 2 floor plan was the right call for this granny flat investment in Melbourne. The two bathroom configuration broadens the tenant pool significantly, couples, housemates and small families all become viable renters. Stone benchtops, SPC hybrid flooring, double-glazed windows and reverse cycle air conditioning delivered as standard in this affordable granny flat in Melbourne. Built at the rear with its own entry and outdoor space, it functions as a fully independent dwelling from day one.
$550 per week. $215,000 all in. Tenanted within months. As a granny flat investment in Melbourne, the Noble Park build delivers on every measure that matters — yield, speed and quality.
Rear of Block, Front of Mind
Unused backyard space transformed into a fully income-generating asset. The existing front home is untouched.
Two Bathrooms, Broader Appeal
A two bathroom layout in an affordable granny flat in Melbourne opens the dwelling to a wider rental market and supports a stronger weekly figure.
Fast to Income
Completed November 2025. Tenanted early 2026. One of the fastest turnarounds in our completed granny flat builds in Melbourne.
Contact us now to schedule a free site inspection to determine if your home is suitable for one of ou Granny Flats.
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