Operation and management

As a property owner within Trio, you’re encouraged to become involved in the management of your property.

 

The Owners Corporation is a body made up of all the owners in a strata scheme. It is responsible for:

 

  • Maintaining and repairing property
  • Managaingthe finances of the strata scheme and keeping records
  • Taking out insurance

The Owners Corporations may appoint managers to professionally co-ordinate some or all of these activities.

 

A building manager may be responsible for:

 

  • Day to day building operations
  • Maintenance and cleaning of common property
  • Security

 

A licensed strata manager may be responsible for:

 

  • Legal compliance with relevant legislation
  • Calling and co-ordinating meetings of the Owners Corporation
  • Collecting strata levies
  • Relevant insurances

 

Property management is a service provided by specialist estate agents, selected at the discretion of the property owner. Property managers are responsible for:

 

  • Finding and retaining a tenant for your property
  • Managing the tenancy to maximise value and protect the asset
  • Collecting rent and arranging repairs as required

 

Frasers Property recommends City Quarter Agency, located within City Quarter, for property management services. CQA currently has 150 properties under management at City Quarter. CQA can be contacted at:

 

2301/ 4 Sterling Circuit, City Quarter

Telephone: 9557 9260

E-mail: info@greencliff.com

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