Internationally, apartment buildings in Singapore are introducing car share and pooling schemes and there are a number of novel ideas out there that could be adapted for communities in Australia quite quickly. Australians won’t all go out and sell their cars overnight, but it makes sense for strata communities in major metropolitan areas to be prepared for the conversation to come up within their community.
Strata community living has changed dramatically over the past decade, but one thing almost always remains the same and that’s the pursuit of cost-savings for owners. Car sharing and public transport schemes would give owners without a car, a low-cost transport option and the argument will be there for strata communities to provide such a program if the demand is there.
Strata communities won’t be going it alone if it comes to car sharing in metropolitan areas, with a number of providers already servicing apartment complexes around the country. Car sharing is a growing industry with Australia’s first and largest service GoGet saying it has expanded nationally from a fleet of 750 vehicles in 2012 to 2100 last year, while the number of users leaped to 80,000 from 15,000 over the same period, driven in part by the interest of property developers.
GoGet, now provides share vehicles to eight Sydney apartment complexes, including Southbank, Belvedere in North Sydney, Ravina Apartments in Kensington, Trio Apartments in Camperdown, Divercity in Waterloo and Newtown’s Flourmill Studios. Whilst it’s comforting to know there are providers already out there, in situations like this, strata communities should consider discussing alternative transport options for their strata community at a committee level.
This article is not intended to be personal advice and you should not rely on it as a substitute for any form of advice.Ace Body Corporate Management offers this newsletter to clients to assist in updating them on company and industry news. The content within this newsletter is of a generic nature and may not be applicable to all owners corporations. Ace Body Corporate Management attempts to provide the most up-to-date and accurate information for our clients, however we strongly recommend that individuals and committees seek further advice before acting on any information in this newsletter.