Stratum subdivision is a type of subdivision that creates “stratum lots” which are lots that are limited in height or depth (or both). Stratum subdivisions are used to enable conflicting needs of occupants to be accommodated, such as mixed-use developments with shopping centers on the ground floor and residential units above.

Developments that intend different areas of a building or piece of land to be used in different ways could benefit from a plan known as stratum subdivision. Assume a developer wishes to construct three buildings on one parcel of land, for example, with one building reserved for residential units and the others intended for commercial use. This situation would be suitable for a stratum subdivision.

A stratum subdivision brings a number of advantages, such as ease of management, practicality, and business efficacy. But various rules apply. At Bay Strata we bring all the necessary knowledge to advise our clients on the most appropriate structure for your property. Our experienced staff have all the necessary skills to draft all relevant documents, such as strata and building management statements.

This type of Title was introduced by the Government to overcome some of the shortcomings with company share ownership. A Stratum Title specifies that any owner is an absolute owner of the freehold of a particular property however the owner will also be a shareholder in a service company that manages, administers, and maintains the common property or surroundings space of any particular development.

Bay Strata comprises of a high motivated and dedicated team who specialise in all forms of Stratum title management, company title management and community title management. We help all our clients better manage their property possession or investment property by providing a systematic and central point of contact for all their administrative dealings, compliance requirements, financial management and property maintenance for their Stratum titled complex.

If you have any questions or require any help regarding your current Stratum subdivision or if you are planning to buy a new Stratum lot and need help understanding the in’s and out’s, we are here to take your call and help you in every way we can. Please call our office on (02) 9599 6555 and get professional advice from a team with 30 years experience in the strata management for strata, community & company title properties.