Long gone are the days that property buyers wish for a house but settle for an apartment. In reality, the young, the old and everyone in between are increasingly opting to join strata living communities.
If you’re on the fence about whether this lifestyle is right for you, keep reading to learn about the very best things about strata living.
Your lifestyle choice is very personal, so it’s important to weigh in the pros and cons before making the decision. When it comes to strata living, many would agree that there are generally more benefits than drawbacks. Here are 6 of the best thing about strata living:
The sense of community you will feel is among the very best things about strata living. As you’ll be sharing everything from hallways and gardens to amenities like pools and gyms with your neighbours, you’ll have plenty of opportunities to get to know and form strong bonds with those living around you.
Strata living is synonymous with the efficient use of space. While you’ll likely have access to a range of shared facilities like swimming pools, gyms and saunas, all expenses will be shared among all owners. This means these facilities will cost you a lot less than they would in a standalone house.
You may also benefit from bulk or special value-add discounts that are negotiated on behalf of your owners corporation.
Not only are apartments considerably smaller than a regular-sized house, but they are also usually more modern as well. This can make cleaning and maintenance far easier and quicker. If you reside in a strata living environment, you won’t have to mow the lawn, paint the outside walls or clean the shared pool, as contractor expenses are often included in the owner’s corporation annual budget.
Strata living communities tend to be secure, with some or all of the following:
Houses, on the other hand, will usually only have a lock on the door and a fitted alarm.
Many new apartments utilise solar power on their roofs and walls, not only saving you money on your electricity bill but also helping you save the planet. The more modern the strata living community, the more likely it is that the property was built with sustainability in mind.
Many houses were built decades ago and don’t have flexible options for mobility needs. They may contain general hazards such as old stairs or carpets that could be worn and frayed.
Apartment blocks, on the other hand, usually have elevators and wider entrances. Many buildings for strata living communities are designed with accessibility in mind. As apartments are usually on a single level, the whole living space is accessible to people with special needs.
To access our full range of strata resources or to stay up to date on regular updates, sign up to receive our quarterly newsletter. For a consultation to review your by-laws, our Kemps Petersons Legal team is at your service to assist. Or, one of our team members can assist you with a free assessment – it’s free and carries no obligation.
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