Hi all,
Would be interested in your thoughts/input. I am looking at purchasing an IP in the very near future (crazy market notwithstanding), and there are a couple of properties that I've seen that tick all of the boxes (small Art Deco block, well located for public transport, need a bit of work, etc) bar one, and that is parking (i.e. they have none).
It seems like a lot of these smaller Art Deco blocks have either limited or no parking - so my question is whether I should discount these properties, or whether I should still consider them? Overall I like these kinds of properties (have 1 already that does have parking), as they have a bit of character, generally lower strata fees, and are often a bit more spacious than newer units. The area I'm looking in is Sydney's lower North Shore, and good public transport links are a must have, hence my thinking is that the lack of a car space may not be a complete deal killer...
Would be interested in your thoughts/input. I am looking at purchasing an IP in the very near future (crazy market notwithstanding), and there are a couple of properties that I've seen that tick all of the boxes (small Art Deco block, well located for public transport, need a bit of work, etc) bar one, and that is parking (i.e. they have none).
It seems like a lot of these smaller Art Deco blocks have either limited or no parking - so my question is whether I should discount these properties, or whether I should still consider them? Overall I like these kinds of properties (have 1 already that does have parking), as they have a bit of character, generally lower strata fees, and are often a bit more spacious than newer units. The area I'm looking in is Sydney's lower North Shore, and good public transport links are a must have, hence my thinking is that the lack of a car space may not be a complete deal killer...