Why not consider buying a strata property as an investment?
Generally, when compared to buying a house, a unit with a strata property title can often mean lower maintenance and repair costs than a house with land, as these costs are shared by other owners in the block Strata property can be wise investments, but there are some key considerations to keep in mind. Consider the following when looking at a strata property for investment: How much are the strata property levies These can vary tremendously depending on the development, the management, the number of units sharing the cost, and the level of maintenance and repairs required. These fees can …
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