Flat Chat Strata Forum Common Property Current Page

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  • #59377
    Footy2892
    Flatchatter

    NSW. We live in a small Art Deco complex of 4 in Neutral Bay which has no allotted parking for any units. Street parking is at a premium and there are often times where residents have to park many street away when returning from a quick trips (e.g. to the shops and back). My question is, the property has a large grassy front yard which could easily be converted a carport for parking. What would be required to change the strata by-laws to repurpose and build two double carports for all 4 residents (one each side of the block) or one double carport for 2 spots if not all want parking?

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  • #59392
    Jimmy-T
    Keymaster

    The Owners Corp can do anything it wants with common property, subject to planning approvals and restrictions on changes that might affect the amenity of individual lots.  I would propose this to your committee, having spoken to council and assessed the cost of installing hard standing and a roof.

    You might also consider whether you want the parking to remain common property or sell the spaces to individual lot owners (with each given first refusal for one space) to pay for the work.

    If your admin fund is cashed up, this would be a way of owners “drawing down” its excess funds. If you have a healthy sinking fund, owners might prefer you to use that, although it would have to be presented as a maintenance project, rather than an additional construction.

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Flat Chat Strata Forum Common Property Current Page