Thursday, December 06, 2018

Dynamite Here.

I don't think this apartment block looks too bad and to me it looks to be well maintained.


Nevertheless, one owner of an apartment, backed up by at least one other owner, thinks the block is past its use by date and should be demolished and something new built on the block, thereby realising  a huge profit for owners of flats in the building. The flats would have been quite cheap to buy by today's standards.

Bang on the chap may do about selling the whole block, but some people are very content living there, and are not for selling. I forget the exact percentage now, but it is something like 80% of owners must agree to the sale of a whole block of strata title flats. 

This is of some interest to us, but we are old enough not to be affected. At some point our very plain but quite well maintained high rise block will have reached the end of of its life. I can well imagine being a really old owner person and not wanting bother and not agreeing to a sale and being one of the 20% plus who won't sell. 

I think in New South Wales the percentage of owners agreeing to demolition has been reduced to a lower percentage of votes. 

Meanwhile in Sydney a great story has emerged about outsiders parking in a building, where they own a car parking space. The owner parking in a posh apartment building is in Elizabeth Bay. The matter has been taken to the highest court and residents of said block have lost, and the non resident owners of the car parking spaces are free to use their car parking spaces as they wish.

25 comments:

  1. With prices of homes plummeting at the moment it is definitely a buyer's market in lots of cities at the moment.
    Smiling at the non-resident car park owner story.

    ReplyDelete
    Replies
    1. EC, pleased you go the story about the car parking. It read a little confusing to me.

      Delete
  2. I lived in apartments for many, many years. Then I moved into our own house and have been here since. Now I am looking at selling the house, and possibly going into a Condo. Not something I relish, but between Jack and I, we can no longer do the upkeep.

    ReplyDelete
    Replies
    1. Maribeth, it is a difficult decision and there will be sadness. We made the move early in lives to easy living. Yes, we do at times miss the garden etc, but I would never want to be in the position of my 84 old year mother.

      Delete
  3. We have a house. It's a pain to maintain, but we have a nice backyard with lotsa birds. Birds in the front yard too. Husband's hobby is birds, and you know what? I think birds urinate! They won't stay off the porch and someone or something leaves unpleasant-looking spots on the porch furniture. I say it's the birds.

    ReplyDelete
    Replies
    1. Forsythia, we see more varied birds from our highrise apartment than we ever did in any house. I think birds only have one outlet for everything, and it also serves as an inlet too. But really I don't know.

      Delete
  4. I'm probably past my use-by date...as is my little abode! I'll be demolished soon if I'm not careful.

    I put up some info on Lady Cilento and her husband Sir Raphael Cilento in my response to you on my blog, Andrew. You might find it of interest.

    ReplyDelete
    Replies
    1. Thanks Lee. I will look now.

      Delete
  5. *swear word, swear word* can't they refurbish without demolishing?? Think about people's lives instead of a fat wallet for a change.

    ReplyDelete
    Replies
    1. River, I pretty well agree with you. I think building from the 60s and 70s can last much longer than they are.

      Delete
  6. My old school was 'officially' founded in 970, but was even older. Yes it did show signs of its age, but no-one suggested demolishing it. This says more about the quality of modern architects and building practices than anything else.

    ReplyDelete
    Replies
    1. Cro, it certainly does say a lot about modern building practices and architects, but I think France and definitely in England, building are built to much higher standard than here, Grenfell Tower not withstanding.

      Delete
  7. My goodness re the parking, that is certainly not a far decision in my book.
    Often wondered what happened to the tennants/owners with 'units', 'apartments' when they become old, now I know.

    ReplyDelete
    Replies
    1. Margaret, yes, it is a difficult matter, especially if a block is not well maintained and shabby.

      Delete
  8. Elephants Child understood the car park situation better than I, I am confused 😉 I think the situation with the flats might happen more often than we think, as you say, bit of a drag if you are settled in your home and area. You'll have to keep us updated!

    ReplyDelete
    Replies
    1. Sorry Grace. It wasn't very clear. When the Sydney block was built, new owners' bought their car space separately. What was left over was sold to outsiders and residents' have fought to get the spaces back under the control of their building, if not ownership.

      Delete
  9. All the houses in my little patch were built in the early 70s. The builder was excellent, no front door looked at another, bricks had to be a different colour and we were given a basic plan and could move walls inside to suit. Now there are two McMansions going up and the village feeling is going. The house is in good shape and I've loved the layout for 40 years. Mick the mower costs but it always looks great and the trees are cool in summer.

    ReplyDelete
    Replies
    1. Jah Teh, note early 70s. It started to go down hill in the late 70s. You are fortunate to have such a fine place. It will fetch a good price when you take over your mother's bed.

      Delete
  10. That building looks fine to me, why mess with it if not needed...

    ReplyDelete
    Replies
    1. Sami, it is a bit dated, but as I said, well maintained and good for many years to come.

      Delete
  11. I hope you get to live out your life where you're at. I can't imagine your blog name changing to say "Lowriser" or "Suburbanite".

    ReplyDelete
    Replies
    1. Strayer, that would be most unfortunate.

      Delete
  12. If I wasn't so tired from being next to mother's bed for 4 hours, I'd say something snarky.

    ReplyDelete
    Replies
    1. Jah Teh, you know I only joke with people I love.

      Delete