Potential purchasers and tenants are asking if strata blocks have infrastructure for electric vehicles – now you need to ask why yours hasn’t.
A few weeks ago, almost 500 people logged in to a webinar about the challenges facing strata schemes and the solutions available to them.
A key point to come out of the webinar was that there are, as we have said before, many myths that potentially deter strata schemes from making EV charging facilities available to residents.Principal among them are mistaken beliefs that there is no demand, it’s technically hugely expensive and would “blow the fuses” in most blocks.
Dealing with them in order – and this is something investors especially should note – there are already reports that potential tenants and purchasers are turning away from blocks that have no EV charging and no plans to install it.One speaker warned of recalcitrant blocks turning into “EV-free ghettos”. Electric vehicle usage is growing exponentially as supplies of vehicles increase and the availability of EV charging spreads and prices fall.
On the question of strata schemes supposedly not being allowed to resell their common property power supply, they are actually exempt under Australian laws on this. Meanwhile, strata law allows schemes to provide services to individual owners.
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