Just the mention of strata management strata living or living in apartment people cringe I wonder why would you put yourself through it.
When you think about it living in Strada has so much going for it
- Lower mortgage
- Someone else clean outside your home
- Some takes care of your pool, lawn …..
Sure you need to pay levies but that $100–200 per week includes your:-
- Insurance
- External painting & cleaning
- Roof replacement, and
- Heaps more
Most people pay $50–100 a week to have the pool cleaned and lawn mowed. And they forget to save for the long term-costs.
I think strata gets its bad name from….
Trying to always keep the costs down and picking the cheapest price. So getting a level of service that the owners wouldn’t select if they were going on holiday or buying a car.
We all know the cheap things are expensive because you have to replace them more often.
When it comes to running your strata building the most valuable people in the equation are the Strata Manager and Building Manager, and almost everyone try’s to pay them the lowest amount. To understand home little these people and firms get paid consider this
Per Apartment $$ Breakdown
- Strata Firm $300 per annum
- Strata Manager $100–140 per annum
- Building Manager Firm $600 per annum
- Onsite person $350–400
Now think about the increased value and customer service you could achieve if you just increased the these amounts to the people working on your building.
After all you don’t buy the cheapest car that gets you from A to B, or the holiday in the cheapest 3 star resort.
So why not apply the buying practices and standards you do for yourself into your most expensive purchase, your home.
So try it for 12 months, ask for more and pay more! Get yourself the Mercedes-Benz of strata buildings, not the used Suzuki swift.