Hi all
I have a duplex in Rockhampton, Qld, the previous owner did the firebreaks in the ceiling. So I don't think there is much to do to strata title them. I would only be doing it do hopefully increase their worth so I can pull some equity out.
But...
1. What are the financial impacts of having them on separate titles - double the rates?
2. Is it worth doing just to pull some money out?
I have never done anything like this before, so I would appreciate your thoughts.
Thanks
Stacey
I have a duplex in Rockhampton, Qld, the previous owner did the firebreaks in the ceiling. So I don't think there is much to do to strata title them. I would only be doing it do hopefully increase their worth so I can pull some equity out.
But...
1. What are the financial impacts of having them on separate titles - double the rates?
2. Is it worth doing just to pull some money out?
I have never done anything like this before, so I would appreciate your thoughts.
Thanks
Stacey