Recent content by Cydneys

Just wanted to point out that I was aware of the high cost of the strata beforehand and was willing to go through with it. But it was my understanding that the structural defects are not long term and once fixed that would be the end of it. But the strata report has proven me wrong...so...

Thanks for the reply. I have decided to walk away from this one because the structural defects are going to be reoccurring. Within the strata report, the recent building engineer report dated in 2013 (so fairly recent) pointed out that the cracking in the masonry in the walls is "most likely"...

I'm trying to decide whether to go ahead with purchasing a unit or not. After reading the strata report I have second doubts due to the structural engineering report dated 2009 (approx 5 years after the building was finished) that there has been cracks in the plaster in the walls within the unit...

Hi, I'm a first time investor and have some questions around serviced apartments. I've already read many threads here and most of them have been strongly advising against investing with serviced apartments, in particular those that are unable to become owner occupied, essentially locking...