Affordable Housing SEPP 2009 Floor Space Ratio Increases and FSR Bonus

The NSW Government has made it easier and more attractive to invest in affordable housing projects with the creation of the Affordable Rental Housing State Environmental Planning Policy (SEPP) to help increase the amount and diversity of affordable housing in NSW. This policy encourages immediate new investment in affordable housing by: Providing a significant floor …

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Assignments of Lease – Avoiding the Pitfalls

In brief Disputes between landlords and tenants over assignment of lease can be costly but are easily avoided. Disputes over assignments of lease Disputes over assignments of lease can result in: tenants losing an opportunity to sell a business; landlords defending costly claims that a tenant was entitled to assign the lease without consent because …

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Real Commercial Considerations for Retailers

Retailers in the face of limited availability of retail space for lease but increasing competition for consumer spending, face real commercial considerations when deciding whether to renew a lease or offer up a vacant retail shop in Sydney. The expansion of national retailers and influx of international brands to Australia has buoyed up a period of slow growth in …

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