#20359
kiwipaul
Flatchatter

    @Whale said:

    Oh and KWP….. I think I’d sooner be in a Rolls Royce when the wheels fall off, but it sounds like you need to move south and live in a (NSW) torrens titled propertySmile

    I’ve spent about half my life living in a townhouse (terrace house) in the UK which was effectively a freehold (same as Torrens in NSW) and so I know the advantages and disadvantages.

    When I bought my current townhouse I expected it to be similiar with the strata just looking after the driveways and a few other items and I was gobsmacked when I found out how needlessly complicate it is.

    Townhouses don’t need the strata overhead which they have been lumbered with IMHO and I strongly suspect it is because investors like strata because it removes the need to maintain the property from them and dumps it onto the Strata.