Whoops - Developers forgot to build 2 levels of Carparks

Discussion in 'Development' started by Redwood, 29th Oct, 2015.

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  1. Chilliblue

    Chilliblue Well-Known Member

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    I know but my gripe is that larger developers get away with these stunts all the time and yet do something similar to an extreme scale scale and watch them come down.
     
    Chilliblue, 30th Oct, 2015
    #21
  2. Zenith Chaos

    Zenith Chaos Well-Known Member

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    Appears as though OTP contracts aren't worth the paper they're written on. The legislation needs to change. It's ridiculous.

    I've come to inspect my house
    There it is
    But, that's a house for ants
    Well take it or leave it
     
    Zenith Chaos, 30th Oct, 2015
    #22
    spludgey likes this.
  3. Big Will

    Big Will Well-Known Member

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    Well the person agreed to the T&C of the contract, their fault.
     
    Big Will, 30th Oct, 2015
    #23
  4. spludgey

    spludgey Well-Known Member

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    The building has to be at least... three times bigger than this!
     
    spludgey, 30th Oct, 2015
    #24
    albanga likes this.
  5. Kesse

    Kesse Well-Known Member

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    Do you think it's more of a reflection of where the cities are in the cycle rather than the cities themselves?

    Ie if Perth was going nuts and OTP units being worth a bucketload more at completion than when contracts were signed years earlier similar would be happening?
     
    Kesse, 30th Oct, 2015
    #25
  6. wombat777

    wombat777 Well-Known Member

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    Not a lawyer, but you would think common law around misrepresentation / false advertising would provide some level of argument - particularly if properties are advertised with a certain number of parking spaces and storage as a main selling point.
     
    wombat777, 30th Oct, 2015
    #26
  7. Redwood

    Redwood Well-Known Member

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    There was a lawyer on 3AW that mentioned that the TPA comes into play here and there has to be precedent....

    There was also a story on A Current Affair around the Developer ripping people off under sunset clause in Sydney - worth watching.
     
    Redwood, 30th Oct, 2015
    #27
  8. Kesse

    Kesse Well-Known Member

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    'A Current Affair' and 'worth watching' in the same sentence? Surely that's an oxymoron!
     
    Kesse, 30th Oct, 2015
    #28
    Gockie, neK, Daniel007 and 3 others like this.
  9. GreatPig

    GreatPig Well-Known Member

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    Well it's not called "off the plan" for nothing... :p

    GP
     
    GreatPig, 30th Oct, 2015
    #29
    Steven Ryan and ej89 like this.
  10. ej89

    ej89 Well-Known Member

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    Only two markets that have gone up a fair bit in last 3 yrs that's why ur seeing it more in these two cities
     
    ej89, 30th Oct, 2015
    #30
  11. Steven Ryan

    Steven Ryan Well-Known Member

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    I

    AM

    SO

    S
    U
    R
    P
    R
    I
    S
    E
    D

    !

    :rolleyes:

    ...

    $100 the next article like this surfaces within 2 weeks.
     
    Steven Ryan, 30th Oct, 2015
    #31
  12. Redwood

    Redwood Well-Known Member

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    Ha - I think I was eating my dinner and hung around for this story.

    Cheers, Ivan
     
    Redwood, 30th Oct, 2015
    #32
  13. Omnidragon

    Omnidragon Well-Known Member

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    Already built, too late. It's like people who knock down houses without permits.
     
    Omnidragon, 30th Oct, 2015
    #33
  14. sanj

    sanj Well-Known Member Premium Member

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    Even during perths massive boom this did not occur, or if it did it was a rarity.
     
    sanj, 30th Oct, 2015
    #34
  15. Scott No Mates

    Scott No Mates Well-Known Member

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    It's a country town, nobody noticed.
     
    Scott No Mates, 30th Oct, 2015
    #35
    ej89 and sanj like this.
  16. charlie88

    charlie88 New Member

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    If council approved the plans to have a lower carpark ratio. if council approves carpark ratio to say 1:0.7 , then the developer can build less carpark. The contract of sale is usually quite biased to the developer to make changes to the development without consent of the purchaser. Just make sure carparks are on title, then you have some grounds of argument. check out this website to see if the developer is credible. http://www.crediblepropertydevelopers.com/
     
    charlie88, 3rd Nov, 2015
    #36
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