Community Insights

The Parking Space Levy (PSL), commenced in 1992, is part of the NSW Government's efforts to alleviate congestion in major business areas across Sydney. By discouraging car usage in leviable districts and promoting public transport, the PSL funds approximately $100 million annually for vital infrastructure enhancements like commuter car parks and interchanges. This initiative impacts owners of private parking spaces including those within strata communities. that fall into th

Are you considering venturing into the world of commercial real estate investment? If so, you've likely come across the concept of commercial strata suites. These unique properties offer investors the opportunity to own a portion of a larger commercial building, rather than the entire structure. But is investing in commercial strata suites the right move for you? Let's delve into the details and explore the pros and cons. Understanding Commercial Strata Suites Commercial stra