Overcrowding is cheap for therenter and great cashflow solution for Land Lord.
and this one in Alexandria: http://www.smh.com.au/nsw/slumlord-...alks-away-with-4-million-20150616-****ab.html
http://www.smh.com.au/nsw/slumlord-...alks-away-with-4-million-20150616-****ab.html
It is normal if you came from overseas as Uni student before.
Especially with apartment with laxed (non-strict) reception, one master bedroom can be fitted with at least minimum 4 people and double bunk bed on the living room for another 4, combined with another bunk bed in Sunny room.
So in total: 4x in Master + 4x in Secondary + 4x in Living + 2x in sunny room so in total 14 people per apartment that's a great idea for a cash in hand income weekly.
I've seen more in Surry Hills terrace house, but until today they are still running their business profitably.
I wonder why Sydney council doesn't randomly call or visit those room advertiser in Traffic light and light poles.
This is awful. We are desperately in need of supply.
http://www.smh.com.au/nsw/illegal-a...wn-on-black-market-syndicates-20150616-gho8ie
and this one in Alexandria: http://www.smh.com.au/nsw/slumlord-...alks-away-with-4-million-20150616-****ab.html
http://www.smh.com.au/nsw/slumlord-...alks-away-with-4-million-20150616-****ab.html
It is normal if you came from overseas as Uni student before.
Especially with apartment with laxed (non-strict) reception, one master bedroom can be fitted with at least minimum 4 people and double bunk bed on the living room for another 4, combined with another bunk bed in Sunny room.
So in total: 4x in Master + 4x in Secondary + 4x in Living + 2x in sunny room so in total 14 people per apartment that's a great idea for a cash in hand income weekly.
I've seen more in Surry Hills terrace house, but until today they are still running their business profitably.
I wonder why Sydney council doesn't randomly call or visit those room advertiser in Traffic light and light poles.