Tag Archives: Strata Managers

Ronald McDonald House Charities

Netstrata is proud to be involved with the Ronald McDonald House Charities with our strata managers and support team making a monthly donation to this fantastic cause. Netstrata received a thank you letter today from Malcolm Coutts CEO of Ronald McDonald House Charities Australia along with the Annual Report for the last financial year. Netstrata’s contribution assisted in providing accommodation for over 6000 families last year whilst their seriously ill children were receiving treatment in hospital.

Netstrata is proud to be part of the RMHC Family, for anybody wishing to find out more about the charity please visit their website at www.rmhc.org.au.

UDIA NSW Awards for Excellence – Medium Density

Netstrata was very proud to be associated with the Urban Development Institute of Australia’s Awards for Excellence. Netstrata were proud to sponsor the Award for Medium Density Development.

UDIA-Medium-Density-Winner-Netstrata-300x199

This award recognises medium density development projects of all sizes and configurations with special attention given to innovative design solutions on urban infill and renewal sites.

Congratulations to Pierre Abrahamse and the team at Australand for winning this prestigious award for their Pavilions on the Park project in St Leonards. Pavilions is a boutique residential development featuring a modern and contemporary design being designed by acclaimed architects Allen Jack + Cottier, providing a design reinforcing the existing special form of the area.

Netstrata is pleased to support quality developments like the winners Pavilions on the Park, through the provision of professional strata management services. Our vision is to ensure that the quality handed over to the new owners is maintained long after completion. This is achieved by the strata manager working with and providing effective and proactive residential strata management solutions.

LED lighting reducing costs & CO2 emissions

The strata managers at Netstrata attended a short seminar this morning presented by Enlighten Australia a company specialising in the installation of LED lighting to enable strata schemes to reduce their energy consumptions. Some of the benefits of LED (Light Emitting Diodes) lighting include:

  1. Reduced Electrical Consumption – Savings of up to 76% have been achieved in retrofitting fluorescent tubes with LED tubes.
  2. Reduced Maintenance – LED’s last much longer than traditional lighting.
  3. No toxic Chemicals
  4. Reduced load on Air Conditioning – LED Lighting produces 65% less heat

The strata managers will be offering their client schemes with the opportunity of auditing their energy requirements to see how much energy can be saved and the total reduction of CO2 Emmissions that can be achieved. For more information contact your strata manager.

What do Strata Levies pay for?

What Do Strata Levies Pay For?

Strata Levies contribute to the operating expenses of strata properties and are divided into 2 separate funds being:

Administration Fund – intended for current operating costs; such as:

Insurances
General Maintenance of shared or what’s known as common property
Mowing and gardening of common property
Cleaning of common property
Water consumption
Electricity Costs

In a perfect world the administration fund would have a $0 balance as you only budget for what you spend.

Sinking Fund – intended for the long-term maintenance of the buildings and improvements to the property, such as:

Replacing common area carpets
Repainting of common areas
Replacement of guttering
Replacement of garage door

How and when are levies determined?

Levy contributions are reviewed yearly by the owners at their annual general meeting, the amount of levies you pay is determined by the owners at the meeting based on the budget sent out with the meeting notice, it is important to look at the meeting notice carefully so you are fully aware what your levies are likely to be.

Congratulations to Sydney Wharf

Congratulations to Sydney Wharf, the winners of the Netstrata Award for Residential Development at the 2010 Property Council of Australia National Awards.

Netstrata is passionate about high quality strata developments and was pleased to be associated with such a prestigious award.

Netstrata-Residential-WinnerSydney Wharf is, a luxury waterfront residential development consisting of 104 apartments, basement residential parking and a 54 berth marina facility that includes a marina office and a café. Sydney Wharf is the last finger wharf development on Sydney Harbour. The development will include an indoor pool and gym and reserved visitor parking for 20 vehicles. An on-site concierge service will be provided for the convenience of residents.

Sydney Wharf embraces its magnificent harbour location. The 45 east-facing apartments in Wharf 8 enjoy magnificent views of Sydney Harbour and the city and 59 apartments in Wharf 9 have a peaceful westerly perspective over Sydney Wharf’s private marina and adjoining parkland.

The role of a Strata Manager – a snap shot

  • Act as Chairperson, secretary, treasurer and public office of the scheme
  • Arrange for day to day routine maintenance, repair or replacement of common property and personal property of the scheme
  • Arrange an attend annual general meetings and  other meetings of the scheme.
  • Effect and renew insurance required by the Acts
  • Issue notice to comply with by-laws.
  • Keep and maintain the schemes records required by the Acts
  • Prepare budgets and financial reports required by the Acts
  • Keep and attest the affixation of the common seal
  • Pay all due accounts of the schemes as and when they become due
  • Implement the decisions of the scheme.

Whats in a Lift Maintenance Contract

The Strata Managers at Netstrata were invited by Justin Wilson of Schindler Lifts to undertake a training course at their head office in Botany. The course was designed to teach the managers exactly how a lift operates and whats involved in the ongoing Lift Maintenance Contract.

Strata-Manager-300x225

If a strata scheme has a lift, then the owners corporations needs to budget for its ongoing maintenance. The provision for lift maintenance is often one of the most expensive items a strata scheme has to provide for. This training has allowed our strata managers to have a working understanding of exactly whats involved in the ongoing maintenance of your lift.

Strata-Managers-225x300

If you would like to find out more please do not hesitate to contact your strata manager.

3 reach 10 at Netstrata

DSC01806-300x225

Last Friday Netstrata celebrated the  anniversary’s of Sandie Garcia, Michelle Zrno and Samantha Antipas having been with the company for 10 years. Netstrata knows they are only as great as the people they employ, and are proud to have 3 of their team reach the milestone of a decade with the organisation.

DSC01855-300x225

Our social club arranged a fantastic surprise celebration at the Blakehurst Bowling Club where a fantastic dinner was enjoyed by all. Sandie, Michelle and Samantha were presented with awards for long service and some gifts from Swarovski.

DSC01822-300x225

Netstrata engage Public Speaking Australia for seminar

Last Friday the strata manager’s and support team at Netstrata undertook an intensive training session with Greg Stockwell from Public Speaking Australia to learn better presentation skills. Greg has worked with a large number of big corporations, sporting and media identities and politicians; it was a great privilege to have him present for Netstrata.

Strata-Management-Training-300x225
Greg Stockwell Public Speaking Australia and Wendy Wong Netstrata

Wendy Wong Netstrata’s Corporate Training and Development Manager said ” an important  role for a strata manager is to present effectively at all meetings of our client schemes. Learning skills to help our team in this regard will ensure our clients go away with a greater understanding as to what has occurred at their property’s throughout the year”

Strata-Management-Public-Speaking-300x225
Sarah Tickner Presents

Strata-Management-Role-Play-300x225

Strata-Manager-Role-Play-300x225

Netstrata appointed as Strata Managers for ADVANX Apartments

Netstrata are proud to announce that they have been appointed as strata managers to the prestigious Advanx Apartments developed by Lindsay Bennelong Developments and built by renown builders Kell & Rigby.

Advanx Apartments at night

At one of Sydney’s last major development opportunities, the former Advanx Tyre & Rubber site in Rushcutters Bay, has been developed into an exclusive residential precinct that will represent the epitome of luxurious, inner city living. Strata Manager Emily Goodreid said “It is fantastic to be involved with such a fantastic project with such an enthusiastic group of owners and executive committee, I look forward to working with them to provide a premium service strata management service”.

For more information regarding this great project contact strata manager Emily Goodreid on 02 8567 6407 or see the project website at www.advanxeast.com.au