LONG TERM MAINTENANCE PLAN

RESIDENTIAL

To maintain and protect any building asset, it is essential to have an effective long-term maintenance plan that ensures not only that the building value is maintained/raised but also that the quality of the internal living environment is sustained.

Recent changes to the unit titles act require body corporates to maintain and repair common property together with any building element infrastructure that is shared by or affects 2 units or more. This type of work needs to be properly assessed and budgeted for, requiring knowledge and awareness of the property, building structure, claddings, finishes and services.

The use of a structured maintenance plan will help protect the life expectancy of various building components. Planned maintenance of limited-lifespan building components gives owners and property managers sufficient time to prepare for the works and, more importantly, to secure the necessary funding.

If you require assistance with the protection of your asset, or wish to ensure compliance with the recent mandatory changes to the unit titles act, please get in touch.

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