Successful blocks-of-units transactions demand more paperwork than most property sales. Investors—especially those using SMSFs or trusts—need certainty, and deals can derail over missing or incomplete documents.

The Essential Block-of-Units Sale Dossier

• Contract of Sale (Specialist version) – must reflect one title/multi-title, service easements, and any unique tenancy terms.
• Section 32 & Due Diligence Pack – including title, plan of subdivision, and applicable planning overlays (heritage, etc).
• Lease Agreements – all current tenancy agreements, together with payment ledgers and bonds held records.
• Outgoings Statement – council rates, water rates, insurance, any Owners Corporation statements (or disclosure there is none).
• Rental Schedule – rental return for each unit, lease expiry, vacancy status, arrears, deposit details.
• Building Condition Report – especially if older/unrenovated; investors expect to see evidence of maintenance or improvements.
• Compliance Certificates – electrical, gas, smoke alarms—these are now standard on multi-dwelling sales.
• Asbestos report (if pre-1990s)
• Insurance Certificate of Currency

Why This Checklist Matters

Nothing kills a block deal faster than surprise risk or paperwork delays. My biggest tip: prep early—get your lawyer or conveyancer on this at the appraisal stage.

Recent Real Example

We completed a 13-unit block transfer where the existing rental schedule had errors and two lease agreements were unsigned. The buyer’s lawyer asked for a contract extension, but the seller had already committed elsewhere. We resolved documents within three days, but late discovery nearly jeopardised the whole deal.

Want your block’s paperwork ready for smooth investor deals? Contact Simon Abbott at Collings for a document-prep session, no obligation.