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Just an update .... After much consideration, I am keeping the apartment, regardless. My initial plan was to keep it long term (ie. 15 years or more). It is an investment afterall, I'll take the risk. Nevertheless, I did learn alot from this. I'll admit how astounded I was to see how many ran...

Thanks chilliblue. One mistake (i feel so stupid cos I know I should have done it) is not seeking solicitor advice prior to anything. And worse, I have already paid my 10%. All the research I have done thus far, points towards the exit door when it comes to investing in serviced apartments...

I think I may have gotten myself into some kind of trouble. This is my first IP and I probably should have read the clause abit more cautiously and done a lot more research into it. I have just recently bought a service apartment in Melb which is due to complete some time this year. I was...