My building's sinking fund is almost empty and we had a strata audit recently to determine our budget for the next 10 years.
One of this company's suggestions was to sell one of the 2 common laundries on the ground floor to raise money for the sinking fund, leaving just one common laundry for the block.
I would like to make a proposal to buy this laundry room to the executive committee and to have a bylaw put in place for exclusive use by my lot only or to have the strata plans changed.
The room is approx about 2m by 3m has a laundry plumbed in and a window.
This is located in Bondi Junction.
Could I get some opinions off the people who know the Sydney Eastern Suburbs market well on what I should offer to the Committee?
I was thinking 10k, or should I try even lower first?
My unit is a 1 bedroom with carspace , I was thinking if I could pick up this laundry room which could be used as a storage room it would definitely be a good investment.
Thanks
One of this company's suggestions was to sell one of the 2 common laundries on the ground floor to raise money for the sinking fund, leaving just one common laundry for the block.
I would like to make a proposal to buy this laundry room to the executive committee and to have a bylaw put in place for exclusive use by my lot only or to have the strata plans changed.
The room is approx about 2m by 3m has a laundry plumbed in and a window.
This is located in Bondi Junction.
Could I get some opinions off the people who know the Sydney Eastern Suburbs market well on what I should offer to the Committee?
I was thinking 10k, or should I try even lower first?
My unit is a 1 bedroom with carspace , I was thinking if I could pick up this laundry room which could be used as a storage room it would definitely be a good investment.
Thanks