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Thinking of adopting a new business model – if I provided serviced such as furnishing, a front desk team, maintenance and housekeeping I could possibly brand stratas as serviced apartments, and have a different price point on how the rent could go.
I’ve seen this business model adopted a lot in Asia, a couple of examples. Seems to not only ‘service’ apartments they own but take from other property owners as well… To be a sort of middleman between business travellers and asset owners. Could be seen as some extra revenue on top of servicing my own stratas.
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Provided you aren’t in breach of your residential status – and who am I kidding, councils aren’t pursuing short-term rentals any more – there’s no reason why you couldn’t do that, especially if the owners Corp was prepared to rent you some desk space in your lobby.
When I say “no reason” that’s skating over the possibility that your neighbours might not want their apartment block turned into a hotel.
But there are several companies that have set up a service for Airbnb hosts so that they don’t even have to meet the grubby tourists they are inviting into our homes.
So it’s really just a moral question rather than a legal one.
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