Developer Consulting: The Strata Choice Process

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Strata Choice is here for the long haul. With over 30 years in strata management services in NSW, we have extensive experience managing strata properties of all sizes: from suburban, 4 unit apartment buildings in Lane Cove to 653-lot retail and apartment towers in the Sydney CBD. We manage some of Sydney’s largest and most prestigious residential and commercial properties.

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Development Concept / Planning
  • Advisory on titling structure.
  • Supplying levy estimates for off-the-plan sales.
  • Reviewing by-laws, strata management statement, considering plans on a strata point of view in conjunction with legal representative and developer to ensure developer’s vision is realised upon completion.

 

Project Marketing / Construction Commences
  • Preparing draft budget and estimated levies for prospective purchasers.
  • Contractor tendering (e.g. building management services, cleaners) to ensure budget accuracy.
  • Preparing marketing materials and by-law ‘cheat sheets’ for project marketers.
  • Attending launch events if required.
  • Responding to strata-related queries from prospective purchasers.
  • Supplying advisory on management statement / by-laws.

 

Registration of Strata Scheme / Settlements
  • Equipping contractors with information and resources to ensure they’re ready to start as soon as owners move in.
  • Arranging insurance quotes.
  • Arranging open days in conjunction with pre-settlement inspections.
  • Attending to strata-related questions and queries on pre-settlement day.
  • Preparing ‘Welcome Packs’ for solicitors to include in settlement packs.
  • Attending to strata-related questions and queries on pre-settlement day.
  • Issuing settlement certificates.
  • Chairing the inaugural general meeting with the principal.
  • Confirming insurance covers.
  • Preparing the final budget.
  • Arranging the capital works fund report.
  • Overseeing the commencement of the building manager and cleaner on-site.
  • Assisting the developer and builder with initial maintenance schedule.

 

First Annual General Meeting
  • Hosting, managing and running the first annual general meeting of the Owners Corporation.
  • Co-ordinating the signing of contractor agreements with the strata committee.
  • Ensuring the developer and builder are meeting Strata Act requirements by supplying handover documentation including initial maintenance schedule.
  • Liaising with the developer and building manager (or external consultant) regarding the preferred defect handling process.
  • Ensuring a smooth transition from developer to Owners Corporation.