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Properly Plus+ · Secondary dwelling projects

One dwelling. Two incomes.

Properly Plus+ manages the addition of a granny flat or secondary dwelling to your property — from feasibility to handover.

Enquire about Plus+ See the numbers
The opportunity

Cash flow is what lets a portfolio keep moving.

A quality residential asset often holds at thin or negative cash flow.

A secondary dwelling adds a second rental income on land you already own.

The swing that funds the next stage.

The same shift shown on our pathway - from roughly −$14K to +$3K a year in the illustrative example - is what Plus+ is built to pursue.

Illustrative example only

Same land. Same loan book. A different holding position.

Before: one house, one rent, and a shortfall you cover every month while you wait for growth.

After: a second, self-contained dwelling adds a second rent.

See how it's managed
Illustrative annual pre-tax cash flow, after interest and basic holding costs
Before · house only −${{ sw0 }}K / yr
One rent covering the whole loan — the gap comes out of your pocket.
After · house + secondary dwelling +${{ sw1 }}K / yr
Two rents on one title — after the extra lending, a surplus instead of a shortfall.

Illustrative figures only, consistent with the pathway example — not a forecast or guarantee.

What the project changes

One project moves four numbers at once.

Income

A second rental income

A self-contained dwelling adds a second weekly rent on land you already own.

Value

A stronger valuation

Two incomes on one title is a different asset.

Yield

A higher gross yield

The same land base producing more income lifts the yield your whole portfolio is assessed on.

Tax

Depreciation entitlements

A new build carries depreciation the original dwelling doesn't.

How Plus+ works

One project, managed on your behalf from first measurement to final keys.

01

Site assessment & feasibility

We assess whether your block — or one you're acquiring — can realistically carry a second dwelling.

02

Financial modelling

Build cost, lending impact, expected rent and holding costs modelled together.

03

Council & planning

We coordinate the planning pathway with the relevant certifiers and consultants.

04

Builder coordination

Construction is carried out by an independent licensed builder. Properly coordinates on your behalf.

05

Handover & income

Completion, final documentation and the handover walkthrough.

Where Plus+ sits

This is Amplify, by design.

Plus+ isn't a side service — it's the deliberate middle stage of the pathway.

Phase 01
Acquire

The right block matters here — Plus+ feasibility is already part of how acquisitions are shortlisted.

Phase 02 · Properly Plus+
Amplify

The secondary dwelling shifts the asset's income and holding power — this page, this service, this stage.

Phase 03
Ascend

Stronger cash flow and serviceability build the case for the move into commercial property.

What it can look like

A worked scenario, week by week.

Placeholder figures for a typical single-title project — every real engagement starts by modelling your numbers, not these.

Illustrative scenario

Not a forecast
Existing house rent $560 / wk
Secondary dwelling rent + $460 / wk
Interest on ~$230K build (approx.) − $280 / wk
Additional holding costs (approx.) − $75 / wk
Net weekly change from the project ≈ +$105 / wk

Illustrative figures, before tax and vacancy, rounded for clarity. Actual rents, build costs, lending terms and approvals vary by property and are assessed individually - outcomes are not guaranteed.

Run your own numbers

How much could a second dwelling change?

Drop in your property's numbers for an indicative view of the shift in yield and weekly position.

General information only — not financial advice or a forecast.

Plus+ project modeller Illustrative
Gross yield today {{ calcY0 }}%
Projected gross yield, two dwellings {{ calcY1 }}%
Indicative weekly cash-flow change {{ calcWk }}

Assumes placeholder 6.1% interest-only on the build debt and ~$75/wk additional holding costs, before tax and vacancy. Indicative only.

Enter your details to see the projected shift.
Prefer to start with the thinking behind it? Get your free pathway guide →
Real projects

The Amplify stage, on real balance sheets.

Two recent value-add case studies.

Case study Mar 2025
Residential property
$700,000
Property value
$120,000
Capital invested
$633 → $969 pw
Rent increase
4.7% → 7.2%
Yield increase
Value-add strategy

Targeted rental uplift through internal reconfiguration and finish upgrades — no structural changes or planning risk.

Outcome

Self-sustaining asset within 12 months of purchase.

Case study Oct 2024
Residential property
$680,000
Property value
$100,000
Capital invested
$575 → $771 pw
Rent increase
4.4% → 5.9%
Yield increase
Value-add strategy

Identified under-market rent; repositioned the property through targeted reconfiguration and finish upgrades. No works or planning risk.

Outcome

Under-market rent corrected via internal upgrades only.

Figures for illustrative purposes, rounded for clarity.

Common questions

Asked before every project.

Anything else — ask us directly.

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Find out what your block could carry.

Book a Plus+ consultation.

Not ready to book? Download our free guide or contact us.