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Thanks Rolf, What are the circumstances to be able to get the loan on Resi terms? The actual building is a large terrace - if you look at the floor plan, it looks like a large house - they are however using everyroom as a bedroom currently. So, current use is a boarding house. It's zoning...

Thanks Jane, That's incredibly helpful and exactly what I suspected. I suppose I see this as a possilbe opportunity rather than a fault at the moment. I think SEPP10 is exactly why this property is so cheap - and therefore the "fault" is already well built into the price. The rental...

Hi all, Not sure where this thread should go, but anyways...... Looking for your devine experience once again :D I'm interested in hearing from anyone who has a boarding house in inner Sydney. We were never looking for a boarding house, but something has come up that I don't want to...