All Topics / General Property / How to unstrata a strata units?

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  • Profile photo of ChristineNurseChristineNurse
    Participant
    @christinenurse
    Join Date: 2013
    Post Count: 17

    There are 3 units of which I own one as an IP. All the owners are unhappy with the current strata manager. We think we should be able to manage it ourselves. I had a look at the NSW fair trading website. All it says was we can manage it ourselves but it will involve a lot of work! No other information.

    I would like to hear from fellow investors if they have managed their places themselves without strata. Any tips? Thanks you.

    Profile photo of Jacqui MiddletonJacqui Middleton
    Participant
    @jacm
    Join Date: 2009
    Post Count: 2,539

    You don’t need to unstrata. Just check the management contract, and vote them out at the end of it and hire a different strata manager.

    Jacqui Middleton | Middleton Buyers Advocates
    http://www.middletonbuyersadvocates.com.au
    Email Me | Phone Me

    VIC Buyers' Agents for investors, home buyers & SMSFs.

    Profile photo of DeanCollinsDeanCollins
    Participant
    @deancollins
    Join Date: 2015
    Post Count: 376

    One of my IP’s did this recently, there was an 8 week changeover period but basically if unhappy with strata….change to another one.

Viewing 3 posts - 1 through 3 (of 3 total)

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