PROPERTY SUMMARY

Beds: 2 Baths: 1 Car Park: 1

Property Description

Great opportunity to secure this 2 bedroom Duplex in the heart of Chermside, walking distance to Prince Charles hospital and minutes to Westfield Chermside.
Features……..
• 2 Bedrooms master with Split System Air-conditioning and Built in Cupboards
• 2 way bathroom with shower plus bathtub and separate w/c
• Spacious Air-conditioned Open plan Living Area
• Combined Kitchen and dining with abundant storage space
• Private rear court yard
• Security screened throughout with Electric and manual shutters
• Single Lock up Garage
• Built in Security cameras ready to plug into your Television
The complex of 2 duplexes currently has a body corporate management in place which expires in April 2020 with the option to renew or to self-manage and have a common insurance in place, please refer to duplex bylaws below.
Two-lot body corporate (duplex schemes)
Community titles schemes in Queensland can range from duplexes, residential unit blocks and high rise accommodation buildings to shopping complexes or business parks. They each have a body corporate and detailed processes to manage how they operate.
As of 2014, Queensland had more than 14,000 duplexes. These are community titles schemes with only 2 lots.
Reforms
Between 2008 and 2011, as part of a review of existing laws, we:
Identified a need to create simpler arrangements for owners to manage a duplex
Addressed this need by drafting new regulations.
Under the regulation, owners:
Can make a decision of the body corporate by written agreement between themselves
Don’t need a body corporate committee and don’t need to hold general meetings
Can authorise another person to act on their behalf in body corporate matters
Don’t need to have administrative and sinking funds for the body corporate
Can agree between themselves how to fund the body corporate expenses may themselves—not the body corporate—issue a notice for a breach of the scheme’s by-laws.

https://www.qld.gov.au/law/laws-regulated-industries-and-accountability/queensland-laws-and-regulations/fair-trading-services-programs-and-resources/consultation-regulatory-reform/past-reviews-and-consultations/2011/two-lot-body-corporate-duplex-schemes

Location