If you own a property in an apartment complex, you may be wondering what a strata manager is responsible for and what their duties entail. In this article, we’ll answer this question and discuss the benefits of having a reliable strata manager to maintain your building and keep all the residents happy.
Table of Contents
What is a strata manager responsible for and what are their duties?
A strata manager’s primary responsibility is to manage the day-to-day operations of an apartment complex, including tasks such as handling maintenance requests, coordinating repairs, and organising social events for residents. Ad-hoc duties might involve looking for a local window cleaning service in Ballarat, for example.
They also work closely with the building’s board of directors to develop long-term plans for the property and make sure that all legal and financial obligations are met. In some cases, the strata manager may also be responsible for managing the property’s finances and overseeing the budget.
How do you find and hire a strata manager for your property or development project?
The best way to find a reputable strata manager is to ask for recommendations from other property owners or developers in your area. Once you have a few names, it’s important to do your research and read online reviews before making your final decision.
When interviewing potential candidates, be sure to ask about their experience managing similar properties, as well as their plans for dealing with common strata issues such as maintenance requests and repairs. It’s also a good idea to ask for references from previous clients so you can get an idea of what it’s like to work with them.
Finally, be sure to agree on a contract that outlines the strata manager’s duties and responsibilities, as well as their fees.
How much does it cost to hire a strata manager and what is the average salary range for this position?
The cost of hiring a strata manager will vary depending on the size and location of your property, as well as the complexity of your strata scheme. In general, you can expect to pay anywhere from $500 to $5000 per year for a small apartment complex, or up to $20,000 for a large commercial development.
As for salaries, the average strata manager in Australia earns between $60,000 and $80,000 per year, although this will vary depending on experience and qualifications.
What are the benefits of having a strata manager look after your property or development project?
There are many benefits to having a strata manager oversee your property or development project, including peace of mind knowing that someone is taking care of the day-to-day operations, and having someone to call on for advice or assistance when needed.
A strata manager can also help to resolve disputes between residents, and coordinate repairs and maintenance so that your property is always well-maintained. In addition, a strata manager can help you to save money by negotiating better rates with service providers and suppliers.
To gain access to all the benefits covered here, start your search for a dependable strata manager today.