Case Study 3: Sorell
Case Study 3: Sorell
Case Study 3: Sorell
A $97,000 first year told us the demand was there. So we built somewhere to put it.
A $97,000 first year told us the demand was there. So we built somewhere to put it.
Garage to Granny
Garage to Granny
Garage to Granny
Quick Numbers
Quick Numbers
Quick Numbers
Year one income
$97,000
Now earning
$140,000
Purchase
$815,000
Current valuation
$1,000,000
Gross yield
14%
Guest capacity
12
The Buy
The Buy
The Buy
This was a quality asset from the outset. Four bedrooms, two bathrooms, water views, purchased at $815,000. The kind of property that performs on its own merits before you do anything to it.
This was a quality asset from the outset. Four bedrooms, two bathrooms, water views, purchased at $815,000. The kind of property that performs on its own merits before you do anything to it.
This was a quality asset from the outset. Four bedrooms, two bathrooms, water views, purchased at $815,000. The kind of property that performs on its own merits before you do anything to it.
The Operations
The Operations
The Operations
In its first year as a short term rental it generated $97,000 gross. That number is the reason for everything that followed. It told us the demand in this location was deeper than one house could absorb.
In its first year as a short term rental it generated $97,000 gross. That number is the reason for everything that followed. It told us the demand in this location was deeper than one house could absorb.
In its first year as a short term rental it generated $97,000 gross. That number is the reason for everything that followed. It told us the demand in this location was deeper than one house could absorb.
The Value Add
The Value Add
The Value Add
We converted the unused rear garage into a separate one bedroom granny flat. The property now sleeps twelve, eight in the main house and four in the flat. We list it three ways: the whole property, the main house alone, and the granny flat alone. That flexibility captures bookings across group sizes rather than competing for one segment. Revenue now sits at $140,000 a year. The granny flat lifted the property's value by around 15%, with the asset now valued at $1 million and returning a 14% gross yield.
We converted the unused rear garage into a separate one bedroom granny flat. The property now sleeps twelve, eight in the main house and four in the flat. We list it three ways: the whole property, the main house alone, and the granny flat alone. That flexibility captures bookings across group sizes rather than competing for one segment. Revenue now sits at $140,000 a year. The granny flat lifted the property's value by around 15%, with the asset now valued at $1 million and returning a 14% gross yield.
We converted the unused rear garage into a separate one bedroom granny flat. The property now sleeps twelve, eight in the main house and four in the flat. We list it three ways: the whole property, the main house alone, and the granny flat alone. That flexibility captures bookings across group sizes rather than competing for one segment. Revenue now sits at $140,000 a year. The granny flat lifted the property's value by around 15%, with the asset now valued at $1 million and returning a 14% gross yield.
Check the property out on:
Check the property out on:
Check the property out on:
Set and forget.
Set and forget.
3 Simple Steps to Build Your High-Yield Portfolio
3 Simple Steps to Build Your High-Yield Portfolio
Schedule a Discovery Call
Schedule a Discovery Call
Schedule a Discovery Call
Schedule a Discovery Call
Book a one-on-one call to discuss your property investment goals directly with an expert advisor.
Book a one-on-one call to discuss your property investment goals directly with an expert advisor.
Book a one-on-one call to discuss your property investment goals directly with an expert advisor.
Property Strategy & Acquisition
Property Strategy & Acquisition
Property Strategy & Acquisition
Property Strategy & Acquisition
Upon onboarding, we leverage data and off-market networks to source and negotiate high-yielding properties tailored to your budget.
Upon onboarding, we leverage data and off-market networks to source and negotiate high-yielding properties tailored to your budget.
Upon onboarding, we leverage data and off-market networks to source and negotiate high-yielding properties tailored to your budget.
Setup & Management Delivery
Setup & Management Delivery
Setup & Management Delivery
Setup & Management Delivery
After settlement, we fully furnish, set up, and launch your property onto management systems to optimize your ongoing rental yields.
After settlement, we fully furnish, set up, and launch your property onto management systems to optimize your ongoing rental yields.
After settlement, we fully furnish, set up, and launch your property onto management systems to optimize your ongoing rental yields.
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Learn how we analyze markets, source off-market gems, and build short-term rental wealth. Our podcast breaks down real-world data and investor case studies to give you actionable strategies to scale your portfolio.
Learn how we analyze markets, source off-market gems, and build short-term rental wealth. Our podcast breaks down real-world data and investor case studies to give you actionable strategies to scale your portfolio.
Frequently Asked Questions
Frequently Asked Questions
Frequently Asked Questions
Get answers to common questions about our Hobart Cleaning Services
Get answers to common questions about our Hobart Cleaning Services
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If I am unhappy with the selection of properties provided, what steps will the buyer’s agent take to address my concerns and find suitable options?
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Start Your Investment Journey
Ready to explore your next property opportunity? Complete the form below and our team will be in touch to discuss the best strategy for your goals and investment budget.
© 2026 JASPER ADVOCACY. ALL RIGHTS RESERVED
Start Your Investment Journey
Ready to explore your next property opportunity? Complete the form below and our team will be in touch to discuss the best strategy for your goals and investment budget.
© 2026 JASPER ADVOCACY. ALL RIGHTS RESERVED