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This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenNerida Conisbee on the Royal Commission developments01:43HOUSE hunters searching for a spacious new abode will have definitely come across plenty of Far North properties with this increasingly population addition – the granny flat.Also described as self-contained studios or teenagers’ retreats, that extra small living space on the edge of the main property or even down on the boundary fence is becoming a must-have for the region’s buyers. 67 Hillview Cres, Whitfield comes with a granny flat.RE/MAX agent Cathy Ratcliffe said there had been a surge in buyers looking for homes which come with the extra but separate living space.“With regards to granny flats, I am finding in this day and age of extended families or kids either not leaving home or coming back home to study or save, there has been a big surge in buyers looking for these,” she said. Extra space could add extra to your asking price.“Also with AirBnB now being a real alternative to providing the homeowner with extra income, homes with a granny flat or homes that offer space or areas with the potential to be converted to a granny flat are coming into their own.”Ms Ratcliffe is marketing a character-filled home at 67 Hillview Crescent, Whitfield, on the market for $600,000, and said its proximity to all of Cairns’ amenities would bode well for the use of its granny flat. 6 Stevens St, Clifton Beach offers extra living quarters.A sprawling five-bedroom, four-bathroom home – with a granny flat and a price tag in the $900,000s – at 6 Stevens St, Clifton Beach, is one of the largest single-level acreage homes Cairns Property Office agent Debbie North has ever seen. “The L-shaped design works brilliantly for a combined family, AirBnB, extra income or just a large family wanting lots of space,” she said. “The granny flat is separate and consists of a bedroom, large bathroom and laundry and a 7.6m living room with its own kitchen.” Outdoors at 6 Stevens St, Clifton Beach.And, on the southside, a five-bedroom home at 1 Travolta Close, White Rock, has a semi-detached, two-bedroom granny flat or teenager’s retreat with its own bathroom which, like the rest of the house, has been freshly painted inside and out. It’s on the market for more than $600,000.Analysis by CoreLogic and Archistar showed there was capacity to build about 583,440 granny flats on individual existing properties across the eastern seaboard.The report also revealed the unique type of additional accommodation in the backyards of humble homes could add about 30 per cent to the value of a property and had the potential to push up rental return by as much as 27 per cent. 1 Travolta Cl, White RockMore from newsCairns home ticks popular internet search terms2 days agoTen auction results from ‘active’ weekend in Cairns2 days agoThe real promise of granny flats came when they could enable renters or buyers who wanted to access popular suburbs without paying a premium – by renting out the separate space.There are a host of companies now that specialise in granny flat construction and will often provide all services including appraisal, council approval, construction and rental property management.The downside is granny flats don’t usually attract long-term tenants, so the landlord should be prepared for high tenant turnover and extended periods in which the flat is not earning an income stream.Being close to an educational institution like a university might also be beneficial as students drive demand for affordable, no-hassle rentals. The pool at the White Rock property.Cairns Regional Council’s CairnsPlan 2016 requires a secondary dwelling to be no larger than 250sq m on a lot exceeding 10ha in a rural zone and no larger than 70sq m in all other zones. These guidelines ensure the secondary dwelling is subordinate to the primary dwelling.Although they can be self-contained, a secondary dwelling must be used in conjunction with the primary dwelling and cannot be separately leased or serviced by water, electricity or garbage collection. A secondary dwelling is required to have one carparking space in addition to the two parking spaces for the primary dwelling – a total of three carparking spaces on the site.There is no minimum lot size for a secondary dwelling, however, the lot needs to be of sufficient size to accommodate the activity.