IN ROOF SPACE
INVESTING IN A ROOF SPACE
FROM $200K - $10M*
*IF A ROOF-LEVEL APARTMENT CAN BE BUILT.
Are you are looking to invest in Sydney property but frustrated with being part of the crowd spotting opportunities on the Domain and Real Estate websites?
Be a savvy investor and create your own opportunities.
Councils have growth targets to meet and there is no more land on which to build. The only way is up. This practice is commonly used in Europe but the idea is new to Australians.
There are plenty of unused roof spaces in the Eastern Suburbs, which can potentially be developed into top-floor apartments. The good news is, roof levels/penthouses are generally cheaper and quicker to build as the foundations, services and access points are already there and they only require lightweight construction.
So how do you go about finding such opportunities?
The existing owners of many apartment blocks are often looking for ways to fund their sinking fund and capital works. One way they can do this is to sell their common area and unused roof space.
We connect investors to strata owners to unlock funds from the potential development of their roof space.
The investment is low risk, as settlement is only required once council has approved the DA.