NAT Webinar: Unlock Your Building’s Value. Convert Surplus Spaces into Valuable Assets

This morning, James Bouteris from Asset Strata Valuers showed us how to transform unused spaces such as airspace, surplus land or the rooftop in your buildings to unlock potential. Using case studies, James illustrates how your buildings can either benefit from an increase in assets or make financial gains by selling newly converted spaces. Sounds interesting? You betcha!

It’s time to take a look around your buildings and identify any unused areas that may be utilised better. The owners corporation can make money by selling off common property, improve value by creating new usable spaces for residents or solve defects like leaky roofs while building something new in the space.

An example of just one of James's case studies netted $1M for a building in Double Bay when they created and sold off four car parking spots out of an underused driveway space. What a win/win! The owners corporation was happy with the income and the lot owners were happy with their additional car space.

Watch the recording of the session here: https://www.lookupstrata.com.au/strata-webinars/

Thanks

Nikki, Liza and the Team at LookUpStrata