Strata laws and changes

Discussion in 'Property Management' started by larrylarry, 17th Jul, 2015.

Join Australia's most dynamic and respected property investment community
  1. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,392
    Location:
    Sydney
  2. pully

    pully Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    79
    Location:
    australia
    security of tenure for owner occupiers would be a factor for some. no one would like to be forced to sell and move. often the value is in the land so can see why developers want it.
     
  3. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,392
    Location:
    Sydney
  4. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,255
    Location:
    Sydney or NSW or Australia
    Terry_w likes this.
  5. Pumpkin

    Pumpkin Well-Known Member

    Joined:
    26th Jun, 2015
    Posts:
    1,342
    Location:
    Brisbane
    Illegal brothels thriving in $300m Haymarket development The QuayWonder whether it has something to do with this? :rolleyes:

    Not so long ago Queensland is the leader in Strata & Body Corporate industry, mainly attributed to Gold Coast. Looks like NSW is taking over.

    Still baffles me that Strata / Body Corporate Managers are not regulated. The amounts they are handling are huge but not even required to hold a Trust Account.
     
  6. Gockie

    Gockie Life is good ☺️ Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    14,801
    Location:
    Sydney
    "The proliferation of sex workers has some owners concerned about the value of their apartments. But the City of Sydney Council says as long as there are only two sex workers per room, in line with NSW law, there’s no problem." OMG!
     
  7. Ted Varrick

    Ted Varrick Well-Known Member

    Joined:
    21st Jun, 2015
    Posts:
    1,941
    Location:
    No Mans Land
    Gockie, I dont want to state the bleeding obvious, but there's a lot of rooms in those 20+ storey buildings that are being built left, right and centre all over Sydney.

    Which, if nothing else, could lead to NCAT suffering some constipation (and I mean that in the nicest possible way...) with many Bylaw 1 noise complaints from other owners in said buildings.

    Not to mention lack of BAS submissions to the ATO for GST remittances...