EP. 1616 - $10K OF STRATA LEVIES JUST TOOK $200K OF YOUR SALE PRICE
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About this listen
💡 Commercial property owners — pay attention to your strata.
It might seem like something you can ignore, but those outgoings have a direct impact on your property’s value.
Small increases add up fast.
Every extra $1 per year in expenses can reduce value by around $20.
So if strata costs rise by $10,000, your property value could drop by $200,000 — without you doing anything.
That’s why it pays to:
✔️ Stay involved in strata decisions
✔️ Keep an eye on building costs
✔️ Question unnecessary spending
It’s not about being tight — it’s about protecting the value of your asset.
📊 Smart owners track the numbers.
#CommercialProperty #PropertyInvesting #Strata #RealEstateTips #PropertyStrategy #CommercialRealEstate #WealthBuilding #InvestSmart
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.