rstar1

@scotlandx said:
Yes you can, and a lot of people do.  There was an article about this in the SMH last week.

https://smh.domain.com.au/real-estate-news/upwardly-mobile-20120518-1yu6i.html

The process is not simple and involves getting the approval of the owners corporation who would have to agree to an exclusive use by-law giving you use of that space because it is common property, i.e. it is owned by all the owners.

Thank you scotlandx  – we have both read the same article!  If my roof conversion is a total ” in – roof conversion” i.e. no overshadowing, no privacy issues, everything is in the exisiting roof,  does that mean from a Council perspective – a green ( greenish )  light to go ahead,  assuming the OC approves?  In the smh article , it gave the example of an owner paying $15,000 to the sinking fund initially for use of the roof space which they were pleased to get as no one else could reasonably use that roof space . There was no mention of having to pay the OC the assessed value of the converted space – which in my eyes would be hard to ascertain even at the point of resale of the unit.

My next question is what to look for in a unit with my plan in mind, having never bought a unit ( by myself ) before. I gather a pitched roof is a must – or am I wrong? A smallish block of units ? an oldish block of units ? Before I buy do I let the OC know of my ” down the track” plan and get their opinion? Remebering that it is only a plan and it may not happen.  What is the best way to go about it ?

Many thanks

Rebecca