A strata ownership scam in AUS those brick better be numbered so they dont sell them over.
WANNABE property investors now have another option for getting a toehold in the booming Sydney property market. A new company is selling houses just one brick at a time.
There’s no need to attend a single open inspection or auction, pay stamp duty, or deal directly with tenants.
And you can do it all in 10 minutes, online, and sell whenever you want.
The BrickX investment scheme which launched officially today is billed as Australia’s first stock exchange for residential property, offering part ownership via buying single ‘bricks’, which start at $67, under a system called ‘fractional ownership”.