Video Explainer – Long term Strata Maintenance Plan

What is a Long-Term Strata Maintenance Plan?

A well-planned strata means fewer surprises!

That’s where a Long-Term Maintenance Plan comes in.

It outlines:

  • Future repairs and asset replacement – such as repairing or replacing gutters, roofs and much more
  • Estimated costs over multiple years broken down by item/ asset, setting recommended sinking fund levies— so levies stay predictable.

Planning ahead protects property value and avoids costly emergency repairs! Allowing Members to create a sinking fund of savings”