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Thanks Retire rich, much appreciated.

Thanks for the property insight ! Will investigate LCC further on this. Its not for an immediate IP buy anymore, more of a buy in the next few months. Guessing that if LCC approves the change, large-block properties with GF potential will explode in a capital growth burst..

Hi Somersofters! I did a quick search to see if a thread already exists on this, but couldnt find one (could someone please post a link to it if it exists?). As someone who is new to Grammy flatting as a possibility for future investment property expansion, I'm keen to know what the rules are...