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i was told by the strata manager,in his opinion the cars were coming to the end of their natural life and would need to be replaced in the next couple of years
all irrelevant now – someone put in a higher offer and got the unit
maybe i should rephrase my question…
As a rule of thumb, how much per unit would you expect to be in a healthy sinking fund?
Nah, she knows nothing about the details.
How would I find out information such as how often the fund has been tapped recently, etc. Is that publicly available?
So what sort of fund would you expect for that sort of property?
I've just spoken to a property solicitor who reckons $77K is ok.
Thanks for the helpful post!
is there much difference between these reports? is it worth getting both, or is one better than the other?
I'm interested in the potential for capital growth here, not the rental income – which i believe will be the same in both places.