A subdivided flat

Hi Guys,

Generally I have found flats to be strata titled. Recently I have found a nice property (a flat) that has been subdivided.

I find this quite odd.

Has anyone had any experience with the difference between the property ownership types (i.e subdivided vs strata). Is there anything that I should be looking out for?

Also with flats (subdivisions and strata) what is the general practice if there is building issue, i.e the building needs to come down/redeveloped due to old age….non-heritage.

I am quite new to this, so any help is very much appreciated.

Cheers,
Michael