The impact of strata titled properties on the Australian NFP sector

To date, the focus of management has primarily been on social and charitable non-profit organisations. This paper focuses on the increasing plethora of private non-profit organisations that are created each time an apartment or master planned community is approved. These private non-profit organisations are created when local and state governments accept and approve a developer’s survey plans for strata titled real estate property. Purchasers cede power to the governing organisation controlling the common property at the point of sale and become compulsory members of the organisation.

Volunteer run and responsible for commercial assets, increasingly incorporating a mix of commercial and residential real estate, this paper highlights new policy and financial implications for the traditional non-profit sector in terms of voluntary workforces and traditional funding sources. This research highlights a emergent sub- theme within a larger research project.