For Your Strata Success
Experience
At Townspace, a foundation of solid experience will help your owners corporation thrive.
From 2 lot to over 500 lot owners corporations, all clients are serviced respectfully and efficiently.
Below is a snapshot of some of the experience we bring to the table.
Mid - High Rise Apartments
Typically located in major towns and cities, these owners corporations have their unique concerns such as:
- Building defect and warranty
- Long term maintenance plan
- Conflict/ dispute between developer/ owners/ occupiers/ investors/ hotel operators
- Breach of rules by hotel/ short stay tenants
- Needs careful management of budget & funds
- Heavy focus on fire safety, essential services maintenance & compliance
- Strata manager and building manager need to work as a team
Boutique and Low Rise Apartments
Frequently located in inner and populous suburbs, these owners corporations may have similar issues to mid-high rises but on a smaller scale. Some other issues typical of these OCs include:
- Lack of funds and magnified impact of levy arrears
- Parking breaches and car stacker faults
- Break-ins due to less building security and absence of building manager
- Building warranty defects and lack of response from the builder (sometimes the builder might no longer be in business)
- Older style buildings might be susceptible to leaks/burst pipe issues caused by corrosion, and aging structure
Units and Townhouses
These owners corporations tend to enjoy lower strata levies due to the absence of lifts, less fire safety requirements and less shared services/property. The issues commonly seen by these owners corporations include:
- Waste dumping on naturestrips
- Lack of visitor parking and parking breaches
- More emphasis on gardening, boundary fences, upkeep of lot facades
Mixed Use Developments
These owners corporations may be a combination of: residential / retail / offices / storage / warehouses.
Challenges common to these OCs include:
- Disputes between OCs
- Disputes about the use/ allocation of costs relating to common utilities and services
- Access and security
- Insurance cost of the residential side may be adversly affected by the commercial side
Commercial & Industrial
These owners corporations may consist of offices, retail shops, warehouses, storage facilities, shopping centres.
Challenges typical of these OCs include:
- Mis-use of common spaces by the occupants
- Parking and signage
- Business activities of the occupants directly affect insurance
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