Hi everyone,
We consider buying a 2-brd townhouse in a unit title structure. The principal unit is located on the first floor right above its accessory unit on the ground floor, where the latter is an oversized garage with a storage room.
Looking for ways to add some value to it, I've got an idea to build internal stairs to join the units into one principal unit, then turn the living room into another bedroom and convert the garage into a living room (there's plenty of space to build a couple of car ports next the townhouse). So, if all this works out, we'd have 3 bedrooms on the first floor and a living room + kitchen - on the ground floor.
My thinking is that we'd need to change the title to connect the accessory unit to the principal (fortunately, there is o one more owner only, so, we'd only need to update 2 titles). I also understand that we'd also need to go through obtaining consents etc (I might be completely wrong as well
).
Currently, I'd like to size the level of expenses, how much effort this idea would take, and whether or not is's doable at all, and if it's eventually worth the effort.
Any advice/ideas would be much appreciated!
(thank you in advance!)
We consider buying a 2-brd townhouse in a unit title structure. The principal unit is located on the first floor right above its accessory unit on the ground floor, where the latter is an oversized garage with a storage room.
Looking for ways to add some value to it, I've got an idea to build internal stairs to join the units into one principal unit, then turn the living room into another bedroom and convert the garage into a living room (there's plenty of space to build a couple of car ports next the townhouse). So, if all this works out, we'd have 3 bedrooms on the first floor and a living room + kitchen - on the ground floor.
My thinking is that we'd need to change the title to connect the accessory unit to the principal (fortunately, there is o one more owner only, so, we'd only need to update 2 titles). I also understand that we'd also need to go through obtaining consents etc (I might be completely wrong as well

Currently, I'd like to size the level of expenses, how much effort this idea would take, and whether or not is's doable at all, and if it's eventually worth the effort.
Any advice/ideas would be much appreciated!
(thank you in advance!)
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