Looking for some experienced investors'experiences/ stories.. What happens when a strata block of units or apartments either gets old and too costly to maintain, or the land value makes it worthwhile demo'ing and building new -do the owners decide collectively to sell, or does a developer come along make an offer. And either way, who decides to sell, is it based on vote by owners, what if one doesn't want to sell etc?
how do strata'd buildings get sold?
- Thread starter Lawry
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