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Hi Scott no mates,
The state is Victoria. The issue is also present in many of the other apartments so that helps in my complaint.
The issue with the body corp is they say the windows are on a private balcony, so it is not their issue.
I have gone to consumer affairs and they have asked me whether or the building would be considered residential or a commercial building, which I am still trying to find out. If residential, then they can handle it all. If it’s commercial in nature, then they said I would probably have to get legal advice.
It is just so frustrating to have a nice house that simply leaks, body corporate thinks it’s not their problem (I have no idea what I’m paying them for) and I really don’t want to go near lawyers as it starts to get very expensive!
Canterbury in Vic is where I have build. Remember it’s not what the properties are worth as you have to borrow a shitload, and have a sizeable capital injection up front. Regardless, I’m still unsure of what would be considered a good ROI in this case?
Hi guys,
It's not so much the cost of the render, but rather will it be better to do so in regards to making the house more desirable. Remember it's for an investment property, and we are looking at matching expectations of buyers in the area.
Looking at surrounding houses is a good idea, I will definately look at that.
Adam.
Thanks for the advice guys, I think i'll just wait until auction for this one.
Fantastic forum!!
