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Ok, how about what defining criteria do those experienced with purchasing blocks of units look for? I'm sure those who have purchased entire blocks of units would have had a set list of criteria the property needed to meet for them to go ahead and buy.

Thanks for your replies Jac and Jeremy. Can anyone with experience answer some of the OP's questions such as minimum yields etc?

Can you please outline how holding costs would increase? The blocks of units I have been looking at are already charged rates separately as they have multiple tenancies and no body corp' fees would be applicable as you own the whole complex, am i missing something? (Genuine question).

Have often thought this could be a good way of eliminating body corp fees should you be in a position to buy a whole block, plus possibility of increasing value through cosmetic renos and strata titling. Could be too many eggs in one basket for some though.