Oh the woes of Strata!
Apart from the fact we can’t afford a house in the suburbs we want to live, we would be done with strata in a flash.
Anyway, apart from the regular pain in the backside that is strata, the biggest growing concern is increasing fees! Levies are going up by about 17%. Strata management fees about 13%. Grand annual total is ~$6,000 P.A for ~100m^2 in a block with 24 units, old lift, old pool, some grounds/gardens. No gym, heated pool, large common bbq areas etc.
We are of the opinion that the executive is just completely mismanaging costs. We realise they are ‘volunteering’ their time and are doing their ‘best’; but it is quite frustrating to see costs going up and up.
At the upcoming AGM we weill throw our hats in the ring to get on the executive to do our bit.
We are tossing around the idea of sticking a letter in everyone’s letter box addressed to the owners. It wouldn’t be a preachy letter, but just a FYI, as we are of the belief that the average owner would have know idea/concern/care that costs have risen this much over the last few years. It’s a fine line. We wan’t people to be as informed as we are, but we don’t want to appear meddlesome.
As for strata, pffft, i don’t think ever again.
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