Solutions Residential
Every residential strata building is unique with each owner having different needs, desires and characteristics. Owner-occupiers who have different priorities to an investor owner are one example. So how do owners corporations find an equitable solution?
Strata Finance helps provide a solution.
Owner-occupiers
Strata living is community living where all owners contribute to the maintenance of and share common property, that is everything outside the inside of the individual's lot or apartment.
These are areas such as foyers, lifts, external walls, hallways, wiring, pipes, foundations, roofs, grounds, security and fire systems, windows, balconies, car parks and lifts.
When your property is your home you want to enjoy the features it offers in the most comfortable manner. However with more people using many of these areas inevitably there is increased maintenance required.
Owners are not only interested in ensuring they have a safe, comfortable and enjoyable environment to live in, but also that there investment holds and improves its value.
Our funding solutions offer an equitable way to fund these expenses and free up other cash owners have so it can be spent how owners choose - renovating the internals of the apartment, investing in the stock exchange, or leisure activities or goods.
Investors
When you own strata property as an investor you're most likely seeking to increase the capital value of the building over time. In addition many investors seek good rental returns. So at some point in the future you will sell your property.
So many investors dislike contributing significant amounts to sinking funds if they are likely to sell in the future.
Our funding offers a true user pays alternative so the funds are realised into building improvements that can maintain and improve building values. This in turn leads to better sale values and rental returns.
There are also tax advantages that are especially attractive for investors.
