Over 20 years websites have become a standard part of life with all community clubs, businesses and individuals having a custom web presence. With strata buildings quickly becoming bigger and more regulated the benefits of buildings having a strata website has grown. To help every building create their own building website at low-cost and low […]
Year: 2018
How Do I Calculate My Strata Levies?
Strata levies are the most common source of tension and frustration between strata owners, strata committees and strata managers. These frustrations often occur because of a disconnect between spending or budgeting and the amount that each owner needs to pay towards the project. This simple comparison calculator helps people understand the real difference between in […]
Strata Interest Earning Strategy
[one-half-first]As the treasurer of a strata building you will find yourself, at some stage, requested to make a decision about the investment of surplus funds. As Strata buildings grow larger and older it is becoming more common for buildings to have over $500,000 or even $1,000,000 in surplus funds for future major works. Now the […]
Lift Upgrade Checklist
As a strata committee member, you are responsible for a major building, that most owners have invested their entire life savings into. Within the building as an asset, the single largest piece of equipment you need to maintain is the lifts. When starting any project it is important to have a process and a checklist. […]
Strata Owner Apathy or Intentional Exclusion
For the majority of time that apartment living has existed, it has operated behind closed doors. But with the development of technology, smart phones and the shift to the right now mindset this can not continue. The engagement of owners into the operations of every strata building is required, or each strata manager and committee […]
Be Engaged – Property is Expensive
If you’re a committee member of any strata building you’re most likely making decisions on a multi million dollar asset. While I understand the committee members are simply volunteers and everyone is busy I recommend that all owners get a little bit engaged with their property investment with this simple list of must do’s for […]
Parking on Common Property NSW – how to stop it
Car Parks are still one of those high value assets in a building. And as public transport isn’t about to have a generational change or will our major cities be inundated with driverless cars in the near future car parking will continue to be a problem, especially parking on common property. We all know this […]
Make Strata AirBnB your new best friend
[one-half-first] [/one-half-first] [one-half]With the future of Strata AirBnB short-term letting still unclear in Sydney I urge all committees to get themselves prepared for a world where Airbnb stays and Council don’t enforce local planning restrictions on short-term letting. Now short-term letting is deemed to be a negative for resident owners and the property price for the […]
How to keep strata levies low on a new development
Keeping strata levies low starts during construction and design, this is a simple guide with some of these elements that can be implemented to reduce the ongoing running costs of a building. I’ve broken these items into groups being a housing development, apartment block, industrial and townhouses. Some of these have limited environments where they […]
40 Applegum Crescent, Kellyville NSW 2155
This development at 40 Applegum Crescent is for a Residential Apartment Building complex consisting of two (2) x five (5) storey buildings containing seventy two (72) units with a basement car park for one hundred and sixty four (164) vehicles. After preparing a budget I estimate the average levy will be in the range of: Low […]