Anyone care to comment on the following. Looking at a single title property that has been turned into dual occupancy. Litterally they have closed off a doorway and are renting the property to two tenants. Rental returns are fine. However what legal implications am I exposing myself too purchasing a property in this condition? For example Im thinking about OH&S fire protection standards / practicalities of splitting utility bills etc. Its being sold by the same agency renting it however surely this cant be 'kocha'! from a tenancy legality point of view?
Any thoughts would be appreciated.
Any thoughts would be appreciated.