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Investment in Residential Property
We act for investors and owner-occupiers in respect of the following:
- Off the plans purchases
- Sale and purchase of apartments
- Land and builds
- Advice on body corporate issues
- Structuring the finance of property transactions
Residential property investment can be complex, particularly with off-the-plans purchases and apartment developments. Our team has extensive experience in these areas and can guide you through the process while ensuring your investment is properly protected.
Frequently asked questions
Risks include product changes, completion delays, developer insolvency, market value changes, financing issues if values fall. Sunset clauses may allow cancellation. Careful contract review and developer due diligence essential.
Body corporate fees cover maintenance, insurance, administration, amenities. Rules govern building use, pets, renovations, noise. Review disclosure statement, meeting minutes, planned maintenance, pending levies before purchasing.
Options include traditional mortgages, trust ownership for asset protection, company ownership for tax benefits, investor partnerships. Consider tax deductibility, depreciation, liability protection, estate planning.
Rights depend on contract terms and problem nature. Common issues: delays, plan variations, quality problems, builder insolvency. Remedies may include damages, cancellation, completion by another builder.
Take the first step towards resolution and legal success.
Connect with us today and let our experienced team guide you towards effective solutions and legal counsel.
