Are high strata fees a deal-breaker?
Not necessarily. High fees in a well-run building with a fully-funded sinking fund and lots of amenities can be money well spent. High fees in a poorly-managed building with deferred maintenance and a low sinking fund are a serious warning sign.
Compare fees against similar buildings nearby. Look at what's included — pool, gym, lift, concierge all cost money. A 'cheap' building with no sinking fund is usually heading for big special levies, which makes the cheap fees an illusion.
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From category: buying-in-strata
