Converting flats to strata title How?GoldCoast

Viewing 4 posts - 1 through 4 (of 4 total)

coff
Participant
@coff
Join Date: 2006
Post Count: 2
April 7, 2006 - 8:39 am
Hi everyone new here, and have no previous knowledge on ( well many things ha ha)
To the point I found a 3unit/ block on 2 titles up for auction in 3 weeks the property has ground 2 brm 1st flr 1br and 2 br
walk 2 shop beach etc
older building fibro/besser 475week
Question 1 How to guage auction price they say 450 -550
Main Question How to convert to strata title, whats involved, and is it worth it, How much cost make??
Thank you sorry if any of the questions are lame
Coff
http://images.firstnational.com.au/storage/image_share/1126/390328/1298248_110x.jpg
Stuart Milne
Member
@stuart-milne
Join Date: 2006
Post Count: 196
April 9, 2006 - 3:22 am
Check this page out it may be the help you need if not speak with the council direct at their Nerang Office and they should be able to steer you in the right direction.
http://www.goldcoast.qld.gov.au/gcplanningscheme_new/start.htm
Stuart Milne
Non-Conforming Specialist
READY Mortgages
http://www.readymortgages.com.au
[email protected]
Mob: 0404 056 055
Harley2
Member
@harley2
Join Date: 2005
Post Count: 32
April 9, 2006 - 7:35 am
Coff,
This needs dd, and should not be done in a hurry. But with the right deal it could be worthwhile. There is lots to learn so hard study and ask lots of questions.
Harley
coff
Participant
@coff
Join Date: 2006
Post Count: 2
April 10, 2006 - 1:10 am
Thanks Stuart and Harley
I had already contacted the council by phone and they gave me some information .
But, nothing like hearing it from someone who has been there done that as I am sure there are many pit falls which could cost all and any profit.
‘( This needs dd;) agree but the auction is soon, first timer nerves.
Thanks again
Coff