Two Incomes · Cranbourne
Cranbourne · Compact studio + existing 3-bed house
$325/wk incl bills
Granny flat rent (actual)
$520/wk
Main house rent (held)
~$845/wk
Combined gross
< 3 weeks from listing
Leased
A Cranbourne investor with a tenanted 3-bed house wanted a second income from the backyard without disturbing the existing lease. The main house stayed occupied at $520/wk for the entire project — the tenants were notified before every trade attended, and a new paling fence split the yard so the two tenancies never share space.
Once the studio met Victoria’s minimum rental standards — blinds, heating/cooling, a compliant cooktop, safety checks — the leasing team listed it at $325/wk including bills, with a pre-agreed fallback to $290 if the first open week was quiet. It never needed the fallback: a tenant applied and moved in within three weeks of listing.
Two tenancies on one ordinary suburban title now gross about $845/wk combined — and the owner’s target of at least $730/wk net across both leases was met with the bills allowance ($30–40/wk for a granny flat in this area) already priced in.
What went sideways — and how we fixed it
The water authority said "new connection from across the road"
The water connection application sat in South East Water’s 6–8 week statewide queue, and their first assessment concluded the nearest supply was on the other side of the road, more than 20 m away — a brand-new connection, quoted in the thousands and weeks more waiting. Our site lead phoned the assessor directly and walked them through the actual plan: tee off the existing house supply, no new main required. The assessment was corrected and the connection approved. This project — an early partner-built spec that also left blinds, air-conditioning and the cooktop out of the contract, at the owner’s cost — is a big part of why the current E2ES fixed price lists every one of those items in writing.