Hi all
I'm buy a single side of a duplex (common wall) in NSW. The duplex is in a scheme of 10 other duplex's. The developer built these about 5 years ago and there are 10 more blocks to be developed (not sure if they will continue).
The duplex i'm buying faces a normal street and not a common drive way or street
There is no common property (buildings) apart from the common wall between each duplex.
The developer has not lodged the community strata scheme?
My questions?
- Will i have significant issues moving forward?
- Will i be able to get building insurance for my unit?
Your opinions and thoughts greatly appreciated
I'm buy a single side of a duplex (common wall) in NSW. The duplex is in a scheme of 10 other duplex's. The developer built these about 5 years ago and there are 10 more blocks to be developed (not sure if they will continue).
The duplex i'm buying faces a normal street and not a common drive way or street
There is no common property (buildings) apart from the common wall between each duplex.
The developer has not lodged the community strata scheme?
My questions?
- Will i have significant issues moving forward?
- Will i be able to get building insurance for my unit?
Your opinions and thoughts greatly appreciated