A Melbourne Developer Bans Buyers To Lease Their Apartments

There are many visitors who get short-term accommodation in a hotel or a unit that located in different areas in Melbourne. According to Silver Star Cars, who provides Melbourne Airport Transfer services to support them for traveling in the areas of the metropolitan city safely, the tourists have to pay for living per night basis.

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A Melbourne developer will ban its buyers from leasing their apartments to short-term tenants through platforms like Airbnb due to bad behavior by them. The Capital Alliance, a Melbourne based building developer, is set to prevent their buyers from turning their apartment into Airbnb and other short-term rentals including its new $250 million project in Docklands. The property purchasers, who breach their sales contracts, could be hauled into court, face penalties, and even contempt of court if they do not follow the conditions. The move follows heavy criticism of short-term stay rentals after the occurrence of some unpleasant incidents such as a Werribee home that was converted into a mess during a wild party. The police were attacked there in December last year. The safeguards include a restrictive treaty and personal contractual guarantee from every purchaser that he/she will not use his/her unit for short-term leasing.

It comes amid the NSW state government recently agreed to let strata communities, who often criticizing guests for being disruptive in communal areas and the government announced a crackdown on Airbnb. There are around 12430 entire units and 7625 private rooms listed on Airbnb in Melbourne as per data collection group inside the apartment leasing firm. The Victoria is reviewing the ban on the short-term stay accommodation. Mohan Du, Founder and Chief Executive, Capital Alliance, stated that the approach was motivated by an unpleasant incident such as Werribee house, but also by watching drunken visitors in the lift and halls of his units in the past and for the property buyers required it. He further said that there were so many things including people throwing wild parties and making residents feel uncomfortable, and the buyers don’t feel safe. The short-stay clauses would be printed into all contracts for all future projects of their residential constructions according to him. The Docklands development being built by the Capital Alliance will be affected mostly by the new regulations. The building also houses Marriott, a five-star hotel with a rooftop pool and a luxury bar.

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There are also many tourists who stay in hotels rather than apartments. They hire a hotel for their social party and this prevents local residents from being disturbed. Silver Star Cars offers them Chauffeur car service in Melbourne for visiting purposes in the district. 

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