QLD Investment property - Townhouse with Pool

Discussion in 'Where to Buy' started by blake1994, 3rd Oct, 2021.

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  1. blake1994

    blake1994 Well-Known Member

    Joined:
    30th Jan, 2021
    Posts:
    48
    Location:
    Sydney
    Hi all

    Looking for your thoughts on purchasing in a townhouse/Villa complex which has an in ground pool. Strata fees and numbers stack up but being in QLD, pool is very attractive for tenants giving the warm climate.

    Some investors are not fans of pools however.

    Thoughts? Pros/Cons? What do I need to consider and keep in mind. All views much appreciated.
     
    blake1994, 3rd Oct, 2021
    #1
  2. sash

    sash Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    15,663
    Location:
    Sydney
    Pools cause strata rates to shoot up...why not get a small well managed complex where strata is $500/qtr.

     
    sash, 3rd Oct, 2021
    #2
  3. blake1994

    blake1994 Well-Known Member

    Joined:
    30th Jan, 2021
    Posts:
    48
    Location:
    Sydney
    The strata is about 750 pq so possibly the maintenance costs are factored in?

    Are there typically any large special levies for pools, or not really?
     
    blake1994, 3rd Oct, 2021
    #3