Body corp for new developing 3units

[Shirls]

Hi all,

I am currently building 3 town houses (in Vic) with first one having its own separate drive way. And I am going to sell the first one and keep the back two for renting.

Since the first TH doesn't share the common drive, can I not hire any body corp and just buy independent insurance for the back two TH to cover the common drive way area?

Doesn't anyone has similar situation and can give me a bit of idea?

Thank you sommers!

Regards
Shirls

 

[littletee]

Hi all,

I am currently building 3 town houses (in Vic) with first one having its own separate drive way. And I am going to sell the first one and keep the back two for renting.

Since the first TH doesn't share the common drive, can I not hire any body corp and just buy independent insurance for the back two TH to cover the common drive way area?

Doesn't anyone has similar situation and can give me a bit of idea?

Thank you sommers!

Regards
Shirls

No you'll definately need Owners Corp as they as it borders TH1 - I developed the exact same as yours.

For mine I used DM Body Corp - they're ok.

 

[Shirls]

Thanks Littletee