TristanC replied to the topic The Dreaded Body Corporate in the forum General Property 21 years ago
Thanks Ben,
I have decided not to buy the units. Despite the very high yield, the agents fees ($1000pa), rates ($1700pa), and body corporate ($2000pa) have turned me off it. It would be marginal at best and if the fees (which I have no control over) went up I would be in cashflow negative territory.
Tristan