Posted by adminMay 19, 2013news

Strata Office Supply Not Up With Demand

The biggest problem with Melbourne’s strata office sector is that supply hasn’t kept up with demand. In year 2000, when requirements for strata offices were said to have started peaking, a consequence of the rise in small and mid-tier business, Melbourne’s CBD had just over 1000 suites to offer prospective occupants.

It still has about 1800 suites strata offices – still not enough according to analysts, because the bulk of that stock is in dated, retrofitted into buildings not designed for this kind of specialised use.

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