strata management

5 Reasons Why All Landlords Should Attend Strata Meetings

Posted on Leave a commentPosted in Strata Management

As an individual owner, you have complete control over how your own property is maintained, managed, and even designed. However, in some instances, such as apartment buildings, owners share space or property. Common property is defined in Victoria as any part of the land, structures, or airspace that is not designated as a lot on the subdivision plan. It may consist of gardens, passageways, walls, paths, driveways, stairs, elevators, foyers, and fences. The lot owners collectively own the common property. Since it is collectively owned, it is critical that the owners make decisions collaboratively, as it will impact everyone including […]Read More

strata management sa

Improve Property Value in a Strata Scheme

Posted on Leave a commentPosted in Design Tips for Strata, Hints for Strata Living, News

To improve property value in a strata scheme, owners must work together to achieve results. This can be a difficult undertaking as people have different ideas about what renovations are required to add property value in a strata scheme. Sometimes people make the mistake of taking the cheap option of simply patching a structural problem or existing defect. This is like wallpapering a cracked wall. Any building inspection from a new purchaser will reveal the underlaying cause of the problem and thus devalue the whole property. This can also cause the impression that there may be other major issues you […]Read More

strata management nsw

Tips for Buying into a Strata (Part Three)

Posted on Leave a commentPosted in News, Strata Compliance

So you’ve done your research (see my previous blog post) on your new strata property and all checks out okay but something still isn’t quite right.  Where to next? Contact the strata manager (if there is one) to ask your questions. But maybe go a step further. Before I buy into a strata property I also try to speak to the President or Presiding Officer of the community, that’s the chair of the group elected by the owners. For privacy reasons, the strata manager mightn’t give you this person’s contact details.  Alternatively, ask the strata manager to pass on your […]Read More