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The rest of the building looks pretty good, considering is probably getting on 40-50 years old. I'm going to another open tomorrow so I'll inspect the building much closer. There are other items listed for repair which include replacing part of a broken sewer pipe, and getting the property up...

Yes, you're right Rob, it could potentially turn other ppl off. I'll let you know how it goes.

The majority of the cost(almost all the $50,000) is replacing the roof.

There are 10 units in the block. Unfortunately there hasn't been a sinking fund set up in anticipation of the works. The unit is going to auction so perhaps I should factor these works into what I'm prepared to spend at the auction. The current owner will be paying body corp...

Hi, My wife and I are looking at buying a property: 1 bedroom apartment. We've found one we like and are considering it, but while we were looking over the section 32 we've seen that the owners corporation have works to the building scheduled to completed late next year that come in at over...