› Flat Chat Strata Forum › Common Property › 75 % body corp vote forces high cost repairs › Current Page
Thanks guys…its a lot to get your head around when we just bought the property as a small long term investment in the hope he would make some money in say about ten years. And yes they have 83 % of vote as I know the other unit owner is fully on board, in fact he is going to love it.
In fact he has text me twice this morning asking if Brendon (my son) is going to sell…funny question dont you think?
I think the son’s options are threefold – fight this in the CTTT (outcome unpredictable), go to the developers and offer to sell or get a short term loan and wait out the improvements, selling his apartment for a profit (some ambush marketting by latching on to the developers’ open days would be an appropriate revenge). I dont quite understand this Jimmy.
Im having a look at the CTTT website now. Again thanks for all the advice guys.