› Flat Chat Strata Forum › The Professionals › SCs and strata managers › How much work is involved in a self managed strata plan? › Current Page
@kiwipaul said:
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.…
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.
I wondered how other countries do it.
And I totally agree with you about terraces/townhouses.
They should be taken out of strata title and put back on Torrens Title with covenants or easements concerning common walls.
A comprehensive review of the Strata Act would have differentiated between types of scheme. Therefore this is not a comprehensive review.