Hi Guys,
I currently own 1 IP and looking to purchase a unit as my second in the near future (either in WA or NSW). 1 strategy that I am currently exploring is purchasing a unit with the potential to add an additional bedroom (just adding walls not removing any) to add value. I was hoping some fellow forumites would be able to point me in the right direction to find out the legalities of this. I would assume that there are some standards in place that state minimum room sizes, whether windows are needed etc etc but I haven’t been able to track these down. Additionally will I require council and/or body corp permission to do this in a strata block – do they have any power to say no?
All help most appreciated - Craig
I currently own 1 IP and looking to purchase a unit as my second in the near future (either in WA or NSW). 1 strategy that I am currently exploring is purchasing a unit with the potential to add an additional bedroom (just adding walls not removing any) to add value. I was hoping some fellow forumites would be able to point me in the right direction to find out the legalities of this. I would assume that there are some standards in place that state minimum room sizes, whether windows are needed etc etc but I haven’t been able to track these down. Additionally will I require council and/or body corp permission to do this in a strata block – do they have any power to say no?
All help most appreciated - Craig