There are no different planning requirements if it is one title or strata title as it is the fire safety & amnesty of the occupant. No one cares if you have one or more titles to the block.
You Will need to comply with the zoning requirements or try for existing use rights if multiple dwellings are not otherwise permissible.
What’s the point of taking on someone else’s dep report? The previous vendor has already claimed the maximum depreciation in the first few years (as the QS saw it), so why not start again with a new report?
At those sorts of figures the bank would have protected its interest via Mortgage Insurance. The bank’s exposure would be any shortfall between the insured value (80-105%) and the final net selling price achieved. The insurer would stand to lose the most, esp if they can’t recoup from the mortgagor. (Correct me if I’m wrong).
Yes Jamie but it is such a small sample it almost becomes irrelevant. statistical modelling of prices across such a wide sample is almost pointless as the geographical factors of location etc are ignored.
A surveyor or town planner would be in the best position to advise however you will be required to submit a DA for a new subdivision which will then trigger all the compliance issues as if you were erecting a new block of units. You will need new survey plans & construction plans etc and ensure it all complies to current regulations/Building Code of Australia.
All owners will have to contribute to the new DA and subdivision.
What is in it for you? You mention that you are paying the highest contributions because you have the largest area, will this change with the new subdivision?
What other conditions apply? Rent reviews, bank guarantee in lieu of bond, outgoings reimbursement (water use, services, insurance, rates, land tax etc – this is a 3 yr lease and the residential tenancies act doesn't apply).
Gross yields tell no one anything useful as there are no outgoings considered. likewise interest and income tax is excluded as they vary widely depending upon personal circumstances.
net yields are the most useful as it takes into consideration all the applicable costs and makes comparing properties easier.
What annoys me is MP's are supposed to be elected as a representative of the people in their electorate,!
As Macca on the ABC pointed out this morning, voters have got absolutely nothing to do with it! It is the members of the party who select the local at branch level (as well as the Party having a big say in the matter), then it is the Party (with the local members) who then elect the prime minister.
Voters have nothing to do with it unless you are a member of the party.
Price will vary depending upon the size of job, proximity of tiles to the workface, shape of room/s, difficulty, pattern, tile size, bed, amount & type of cutting of tiles required, setout etc.
It all adds to the amount of time the tiler will need to complete the work.
The best place for reference is the S149 Certificate. If it says not affected or subject to flood you will soon know. Check what your insurer then says.
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