Boarding - Or commercialising one's abode

my thinking exactly. thanks Sim

Hi Sim (and all the helpful peeps contributing to this thread)

It does make sense that as a property ages it requires more maintenance. Our strata seems to be well managed. We have just had a roof replacement and have about 80-100k in surplus.

In your experience(s) would this be enough to cover ongoing maintenace for an aging building (the building is about 40 years old, built in the 70s) without drastic increases in the strata levy ($420 p/q).