Recent Buying Selling Lifestyle
Recent Buying Selling Lifestyle

Steps to take when renovating a strata unit in NSW

17-Aug-2017
Written by Ashley Blake
Owners often own their investment property for many years so it's very common to want or need to undertake renovations on the property. Whether this means knocking down walls, renovating the kitchen or bathroom or adding ducted air conditioning, it's important to know where to start, particularly if it's a strata unit.

The first step is to outline exactly what needs to be done and submit these architectural plans to the AGM for approval. Include as much detail as possible so there is less going back and forth. You should also have a lawyer prepare a common property right by-law for inclusion in an agenda of the Owner's Corporation. You will need a Section 108 motion for the improvements etc. Your lawyer will automatically include this motion.

Some standard by-laws may be purchased online through various websites. However, it is recommended that you use a strata lawyer to bespoke draft for your exact works and ensure the intent of the by law is properly covered

Our team are always available to chat to you further and assist with any questions you may have!

SOURCE - Look up Strata

Keep Reading

Tips for EOFY

With the end of financial year almost here, Australia’s two million-plus residential property investors should start planning now if they want to receive a healthy sized tax refund. Read More

Ultimate guide to market your rental property

First impressions count and having a professional marketing campaign for your investment property can mean the difference between one person at the open home to 15 people through the door and 10 applications! Read More