At Ability we consider new developments as an area we excel. As evident in our extensive and diverse portfolio we have already worked through the end to end process with many developers from residential estates, high rise to commercial sites.
Our team are able to advise on all aspects of establishment of an Owners Corporation.
We take pride on our methods of approach to provide comprehensive solutions and advice to all our clients, regardless of the size and type of your property.
As a commitment to our desire to manage your Owners Corporation, we provide the following services at no cost to you as the developer/builder:
Initial Developer/Builder Meeting
Gathering of information such as:
- Draft building plans and Plan of Subdivision
- Understanding of common services (car parks, waste, caretaking, maintenance etc.)
- Expected building cost
- Schedule from planning to completion
- Variables including multiple Owners Corporations
- Understanding essential services and utilities
- Developers expectations of the OC Manager
Preparation of Indicative Budget
From the scope provided, Ability Property Services will prepare an itemised budget identifying all aspects of services to common areas.
Using our budget builder, the budget will broadcast the complete administration figure and apply per lot liability as detailed in the Plan of Subdivision.
Quotes will be obtained were practical whilst we have access to service costs at similar buildings to establish estimates.
New building warranties are considered at this time given servicing can be covered in the 12-month warranty period.
Activating an Owners Corporation
With the registration of title being the trigger there are many aspects that are completed in readiness to activate the Owners Corporation, these include:
- Purchase Strata Insurance
- Completion of all Owners Corporation Certificates
- Conduct and minute the Inaugural General Meeting
- Apply for Owners Corporation ABN & TFN
- Issue Common Seal
- Establish the Owners Corporation bank account
- Finalise Model and/or Special Rules
- Affixing of Owners Corporation management sign
- Prepare detailed welcome pack for all owners
- Activate services required to common areas
- Prepare and coordinate owner/tenant move-ins