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  1. C

    On the hunt again

    Well in my opinion you would need to setup a owners corporate to deal with the common area issues this would lead to quite higher occupancy costs in the eyes of both tenants and purchasers. not to mention you would be losing most of the powers you have being the sole owner, whilst you may...
  2. C

    On the hunt again

    Dazz I thought I might point out a potential problem by holding those deposits yourself as I thought that you had to lodge it with the Director General. Linky Dealing with this day in day out and being under pressure from people wanting their money yesterday is part and parcel. As you...
  3. C

    On the hunt again

    well without seeing the details and knowing the local market of this investment I can't help all that much. that said this is a common theme among shopping centre tenants one of my friends ended his lease with centro owing over 100k in rent. they let him walk as they had another tenant however...
  4. C

    On the hunt again

    Dazz I feel sorry at your misfortune however I am amazed that you think that the law is so in their favour. It really isn't in their favour IMHO. However I have heard cases of non-payment of rent under similar circumstances I think its more as shopping centre landlords such as Westfield...
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