Property has no code of compliance and needs re-cladding

[em720]

Hi BDub, no it isn’t. It’s still for sale, although it’s not openly listed at the minute. I’m not sure why!

[BDub]

Which suburb? You think the owner would mind me looking? I’m after a project. No problem if not

[benedwar]

Hi Freshie, Be glad you didn't get that house without CCC. I bought a property 3yrs ago without CCC on the main dwelling. I spent around $1000 and two weeks researching it before purchase and after these intense pre-purchase checks it looked like it needed $30k to get CCC. Post purchase, it took me 2yrs and $40k just to get building consent for the work required for CCC. The required work on top of that is estimated to be $150-$180k. And that's just the estimate, it hasn't be opened up and started yet so this could easily be more. It's been really stressful and financially turned into a nightmare. I'm currently renting both dwellings on the property and living in a caravan just to save money for the work required. You did the right thing. As someone who did buy without CCC and is still being burnt by it, I wouldn't advise it to others. Cheers.

[John the builder]

b
you didnt have to get the CCC. why not sit on it and rent it?