Assisted by Jason Vo
As you drive across our changing suburbs and cities across
Australia, in recent years, you will have noticed an increase in
mixed-use developments. By mixed-use developments, we are typically
talking about a complex that has a strip of retail shops on the
ground floor, and high-rise residential apartments above. However,
leasing a mixed-use space raises a multitude of
leasing issues.
The Significance of Strata Searches
It is also typical for a mixed-use development to be in strata
development. I'm sure we can all appreciate the importance of a
building being structurally sound, and free of major defects and
safety issues in the wake of the Opal Towers scandal, particularly
if you've read my colleague Nick Kallipolitis'
informative article, it is for this reason that I strongly
recommend all of my tenant clients to carry out a strata search and
obtain a report, prior to signing any lease in a strata
development. The strata search will
