澳洲Australia property Block of units | Sydney


在澳大利亚 I need some advice regarding a property purchase. Property - semi-detached house Bedrooms - 2 Condition - average needs internal reno to modernise Street - one of the best in suburb Location - excellent Close to schools - yes Transport - 50m The pool at of an IP needs to be resurfaced (or so the pool doctor says), the cost was estimated to be $10K ($10,000), after recoverying from my impresssion of a cat coughing up a fur ball, it just seems far too much. Its just a standard poo


Hi,

I am currently looking at the numbers for a block of units in regional Victoria. The block has 4 units and is not strata-titled. I received a statement of account from the real estate agent for the past year and the numbers don't look so good.

For serviceability reasons, I am looking for a CF+ or CFN property as my next purchase. When looking at this block of four, I noticed that there are four lots of water rates and four lots of council rates. This is what basically kills the numbers. I thought that if the units were all on a single title, there should only be one set of council rates. Is having 4 sets correct? I can understand having 4 lots of water rates. I think I read elsewhere on this forum that if you get the water company to install separate meters, then they will slug you with independant rates.

Cheers,
MrHyde  

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