All Topics / Help Needed! / Can i buy a city apartment and lease it as a serviced apartment?

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  • Profile photo of HaydensalterHaydensalter
    Member
    @haydensalter
    Join Date: 2013
    Post Count: 2

    Hi guys,  This may have been asked but im having difficulty locating info!  So i work away on a 4 week on 1 week off roster! In and out of melbourne. I have been looking at buying an apartment in fitroy and thought i could possibly lease it as a serviced apart while im away! Any thoughts???

    Profile photo of HaydensalterHaydensalter
    Member
    @haydensalter
    Join Date: 2013
    Post Count: 2

    So my questions are :    Could i do this? is it a viable option? What services would i need to provide? Do i have to find someone to manage for me or would an estate agent do this?

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    a) does it contravene your by-laws for the block of units?

    b) do you need to get council approval? Plenty of areas require specific approval to stop houses being leased out for parties/holidaymakers etc.

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