How to unlock over $450b in airspace real estate in Australia | ft. Warren Livesey | Ep.411

The Site Shed

Unlock the potential of airspace development and discover how this innovative approach can add over $450 billion in real estate value in Australia. Learn about the benefits of rooftop homes, modular construction, and urban infill housing. Join us as we delve into the future of real estate with expert insights and practical examples. Don't miss out on understanding how airspace development is transforming urban landscapes and offering new opportunities in the Australian property market.
Watch the video version of this podcast at https://youtu.be/2-aRfNEYqzM
Discussion Points:
00:00 Episode Highlight
04:40 Unused rooftop space turned into valuable assets.
09:07 Most strata buildings in Australia are small.
11:47 Upgrading building with lift for better access.
16:18 Rapid growth of airspace homes is environmentally-friendly.
18:44 Airspace development involves building up into airspace, often atop apartment buildings. However, it has yet to gain traction in Australia due to funding and neighbourly issues.
21:36 Developer provides service, splits proceeds with owners.
26:19 Overseas construction uses external foundations for support.
28:45 Buildings at max height, seeking bulk extension.
30:19 Government takes 30-40% of development costs.
35:26 Maximising greenery and solar energy in cities.
36:49 Fascination with rooftop gardens in European cities.
40:08 Encouraging website visit, checking out existing building.
Resources:
Visit BuyAirspace’s website at https://www.buyairspace.com.au/
Get in touch with Warren at [e-mail]

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