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From: Michael Mudman
If you buy a property such as a two story house which can be split into separate residences, i.e- bottom floor unit and top floor unit, how do you go about separating the water and electricity meters?
I'm interested in buying a house in this sort of scenario where the plumbing and electricity are still in the original condition for a single residential dwelling, however both levels have been separated with separate kitchens, bathrooms, bedrooms etc on each floor.
I'd like to rent out each unit separately as dual occupancy, but don't want to be stuck paying all the water and electricity expenses for the tenants.
What processes and costs are involved (NSW) in this situation, and are there any other less known issues to look out for?
Thanks,
Mick.
If you buy a property such as a two story house which can be split into separate residences, i.e- bottom floor unit and top floor unit, how do you go about separating the water and electricity meters?
I'm interested in buying a house in this sort of scenario where the plumbing and electricity are still in the original condition for a single residential dwelling, however both levels have been separated with separate kitchens, bathrooms, bedrooms etc on each floor.
I'd like to rent out each unit separately as dual occupancy, but don't want to be stuck paying all the water and electricity expenses for the tenants.
What processes and costs are involved (NSW) in this situation, and are there any other less known issues to look out for?
Thanks,
Mick.
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