58 people in a 3 bed house

Discussion in 'Property Management' started by depreciator, 16th Jun, 2015.

  1. depreciator

    depreciator Member

    Joined:
    17th Dec, 2004
    Messages:
    4,462
    Location:
    Sydney, NSW
  2. mumbai

    mumbai Member

    Joined:
    14th Nov, 2011
    Messages:
    894
    Media:
    2
    Location:
    Sydney, NSW
    I can't see kmart heater(s). Else, I would be sure who is responsible for this!
     
  3. Scott No Mates

    Scott No Mates ...and people wonder why?

    Joined:
    25th Jun, 2011
    Messages:
    5,391
    Media:
    144
    Location:
    Sydney - LNS
    Geez, we have 2.7m high ceilings in our luxurious bed-squats. That's another 50% increase in occupancy.

    Do you think that we can get 3 bunks comfortably into that height?

    Can you get triples from K-Mart?
     
  4. depreciator

    depreciator Member

    Joined:
    17th Dec, 2004
    Messages:
    4,462
    Location:
    Sydney, NSW
    You've get a triple bunk in a room with 2.4m ceilings.

    Our office in the city is in a building that has 4 floors of commercial topped with 22 floors of residential. And we are on the northern edge of Chinatown - near the TownHall.

    The building managers have had a blitz on overcrowded apartments. They do regular checks. I was talking to the bloke who lives on the top floor and is chairman of the body corp. He told me something that made me laugh. Tenants are given notice of an inspection date and time, and the building managers go in. Too often, everything seemed to be okay. Then they realised that what the tenants were doing was moving the beds into the firs stairs just before the inspection. So they started to check the fire stairs first.

    The other day in the lift I saw a young Chinese bloke with three new double air mattresses in boxes.

    Scott
     
  5. Scott No Mates

    Scott No Mates ...and people wonder why?

    Joined:
    25th Jun, 2011
    Messages:
    5,391
    Media:
    144
    Location:
    Sydney - LNS
    Do they deflate them prior to inspection and shove them in the cupboards?
     
  6. depreciator

    depreciator Member

    Joined:
    17th Dec, 2004
    Messages:
    4,462
    Location:
    Sydney, NSW
    Yep. That's exactly what they would be doing.

    A lot of the multi tenant flats would have been closed down, though - they are also getting tough with security fobs and checking them about every quarter.

    The garbage room is interesting. For a while there it was regularly full of bed frames and mattresses as flats were cleared out. There is still a lot of evidence of households disbanding. Often it's student heading back home and tossing everything out. The table and chairs in our foyer upstairs came out of that room. I have put decent vacuum cleaners in my flat at home, my shed, my wife's studio and my Airbnb pad all from that room.
     
  7. Terry_w

    Terry_w Member

    Joined:
    19th Mar, 2012
    Messages:
    9,610
    Location:
    Sydney, NSW
    58 x $150 = $8,700 per week

    The leaseholder was probably paying $1000 per week so around $7700 per week profit. That equates to $400,000 per year.

    Wonder if the ATO are onto this.
     
  8. willair

    willair xx

    Joined:
    23rd Jan, 2003
    Messages:
    6,850
    Media:
    3
    Location:
    fibro humpy..
  9. Scott No Mates

    Scott No Mates ...and people wonder why?

    Joined:
    25th Jun, 2011
    Messages:
    5,391
    Media:
    144
    Location:
    Sydney - LNS
  10. esh

    esh Member

    Joined:
    10th Sep, 2012
    Messages:
    207
    Location:
    Western Sydney
    oh dear god :eek:
     
  11. Sonamic

    Sonamic Member

    Joined:
    11th Apr, 2015
    Messages:
    86
    Location:
    Sunshine Coast, Qld
    Should this be in the Inovative Techniques Forum?
     
  12. wombat777

    wombat777 Member

    Joined:
    15th Oct, 2012
    Messages:
    188
    Location:
    Sydney, NSW
    That sucks! :p
     
  13. dabbler

    dabbler Member

    Joined:
    18th Sep, 2014
    Messages:
    60
    Location:
    sideney
    No, the "adding value" :D
     
  14. sanj

    sanj Member

    Joined:
    16th Jul, 2010
    Messages:
    3,441
    Location:
    perth
    I wonder if all of the tenants were using Kmart heaters or if all those bodies in a small space provided enough warmth
     
  15. Peter Parker

    Peter Parker Member

    Joined:
    14th Apr, 2003
    Messages:
    3,573
    Media:
    12
    Location:
    Melbourne
  16. Scott No Mates

    Scott No Mates ...and people wonder why?

    Joined:
    25th Jun, 2011
    Messages:
    5,391
    Media:
    144
    Location:
    Sydney - LNS
    most people only need between 6&8 hours sleep per day. Worst case scenario is that you can have 3 rotating sleep shifts. Best use would be 4 light sleepers x 6 hours each.

    Not too conducive to being a student though.
     
  17. Paul@PFI

    Paul@PFI Tax, SMSF & Planning

    Joined:
    2nd Jul, 2013
    Messages:
    2,778
    Location:
    Sydney