I have my eye on a property and aren't far from starting negotiations. However I've run into a small wall - pardon the pun. The strata unit is 8.5m in width with a retaining wall running along the back fence, which extends another 8.5m into the next strata property, so a total of 17m. I estimate it's 50-75cm high. The wall has quite a bad lean and needs repairing to be safe. See photo.
I've been told by the body corp management company it's probably an issue for the owners, and not the BC, as it's on both owners property and not the boundary or common grounds. I'm just awaiting confirmation on that one. So it appears the buyer (me) will have to share the cost with the owner of the other unit to replace it. I really have no idea what it'd cost to repair so I can't make an offer until I have at least an estimate. I've contacted three local landscapers and currently waiting to her back. Time is of the essence so it's a bit of a stressful one. Has anybody had any similar issues? What figure would you put on repairs?
I've been told by the body corp management company it's probably an issue for the owners, and not the BC, as it's on both owners property and not the boundary or common grounds. I'm just awaiting confirmation on that one. So it appears the buyer (me) will have to share the cost with the owner of the other unit to replace it. I really have no idea what it'd cost to repair so I can't make an offer until I have at least an estimate. I've contacted three local landscapers and currently waiting to her back. Time is of the essence so it's a bit of a stressful one. Has anybody had any similar issues? What figure would you put on repairs?