SMARTER • STRATA MATTERS
ADELAIDE
From drab to fab a buildings transformation After
How a tired apartment block was transformed into an investment gem through the vision of a determined owner. When Shaun bought into a Glenelg,
keeping costs to a minimum was
Adelaide apartment block back in
important.
2015, he looked beyond the out-
As a result, due to the lack of street
dated bricks and mortar and saw an investment worth the risk.
appeal many apartments remained on the market for over 12 months.
One vision of a facelift Four months after moving in Shaun attended his first strata meeting and accepted what was to be his
To be honest, the apartment block’s
That was until an ambitious,
appearance was tired and drab and
creative visionary moved into the
the grounds looked sad. Most own-
apartment complex and saw the
Conducting his due diligence in
ers were investors. Not that they
building potential way beyond its
his new role, Shaun became very
didn’t care about maintenance but
fabulous location.
proactive in the corporation and
6
SMARTER COMMUNITIES
first committee position as treasurer.
