Sunday, July 17, 2011

Apartments that are not zoned for residential living

There are a small number of apartment buildings in Brisbane (and on the Sunshine Coast) that are zoned for short term rentals only and where bylaws or the zoning prevent owners from using or renting the apartment for a permanent residences. One is the Quest Story Bridge apartment complex at Kangaroo Point, discussed in this story.
"Unit owner Cameron Green said lawyers carried out standard property searches for him in 2009 but this did not reveal that only short-term occupants were allowed. He said he and other buyers were not made aware when they bought their homes that they could not live in them permanently, due to a development condition imposed on the 14-year-old building. It is understood a building approval search would have revealed the problem but this type of check is generally considered to be “optional” during conveyancing."

2 comments:

FormerCBDResident said...

What a pity the zoning law is not a two way street; therefore allowing companies like Oaks to exploit residentally zoned buildings and run them down by using them as short term fauxtels.

FormerCBDResident said...

What a pity the zoning laws aren't reciprocally enforced. The result is that companies like Oaks get to exploit residentally zoned buildings and run them down as short term fauxtels.