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Strata renovations are known for being inconsistently managed and slow to be reviewed and approved by the strata committee. But we have a solution for you. Inconsistencies causes a mixture of problems when people are seeking approval for their renovations. These problems include a financial impact on owners who are seeking higher rental income and […]
Strata buildings operate on the back of Committees making decisions, and having a meeting plan each year. Therefore, it is logical to understand the when Committees do not meet, decisions do not get made, and buildings fail to maintain and kept to the quality and expectations of the market. If your committee fails to plan […]
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 […]
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 […]
[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 […]
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. […]
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 […]
Every committee and owners corporation has the responsibility to maintain and increase the return on investment if each owner. Every strata building or body corporate should be considered as a small business after all the smallest of buildings is worth a couple of million dollars. In the same way that a successful small business operates […]
December 2017 and the Amazon giant has arrived in Australia and online shopping begins to change. “But what does this have to do with my apartments building,” you ask. Well, have you heard of the Amazon Key System? It enables delivery staff to unlock your front door and deliver your parcel straight into your home […]
Strata security is expected by all apartment owners. And the majority of apartment buildings have an access control security system restricting access into the building and basement to only authorised personnel. This system is regularly taken for granted until a break-in occurs or a new problem arises. The new problem making buildings look at their […]