In this episode of the Melbourne Property Podcast, hosts Lindsay and Sky sit down with property royalty - Theodore Store from Innovista Group aka the Granny Flat King. If you’re an investor looking to boost your cashflow or reaching the top of your borrowing capacity, this is an episode you won’t want to miss. Theo unpacks everything you need to know about adding a granny flat in Melbourne - from recent legislative changes, to the financial benefits, common pitfalls, council restrictions, and the real numbers behind building costs and rental yields. By the end, you’ll understand whether a granny flat could be the key to supercharging your portfolio returns.Topics covered·        The history of granny flats in Melbourne vs other states·        What qualifies as a granny flat in Victoria·        How granny flats impact cashflow, yields, and property value·        Typical rental income you can expect·        Which investor profile this would suit ·        Common mistakes to avoid·        Council/zoning restrictions you need to know·        Average build costs and timeframes·        Real-world success stories Sponsored by Scale LendingThanks to our sponsor, Scale Lending. Whether you’re a seasoned investor scaling your portfolio or a family buying your next home, Scale Lending helps structure your finances for long-term success. With access to over 40 lenders and a focus on property investment, they don’t just tick boxes - they unlock doors.👉 Visit scalelending.com.au  Connect with Theodore Store – Innovista GroupThinking about a granny flat? Connect with the Granny Flat King and be sure to mention the Melbourne Property Podcast !📧[email protected]📞0402 008 993🌐innovistagroup.com.au📸Instagram📘FacebookHave a topic you’d love us to cover?DM us, drop a comment, or email your suggestions to [email protected] Never miss an episode!With fortnightly new episodes, subscribe now to gain a fresh perspective on the trends and opportunities shaping Melbourne’s property landscape. Need tailored advice?For personalised property guidance, book your free discovery call at convergencebuyersagents.com.au/dc

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