What is mixed use strata?
Mixed-use strata schemes can include a range of different types of properties, such as residential apartments, commercial offices, retail shops, and industrial spaces. This type of development is becoming increasingly popular in urban areas, where there is a high demand for a variety of properties in close proximity to one another.
Mixed-use strata schemes can provide a number of benefits to owners, including access to a range of amenities and services in close proximity, as well as the potential for rental income from commercial or industrial properties. However, they can also be complex to manage, particularly if there are multiple owners with different needs and priorities. As such, it is important for owners to work closely with their strata manager and other professionals to ensure the smooth operation and ongoing maintenance of the scheme.