#strata managers

Strata management plays a crucial role in the successful running of multi-dwelling properties, from apartment buildings to townhouse complexes. At MBCM Strata Specialists, we specialise in making body corporate living easy, transparent, and stress-free. Whether you’re an owner, tenant, or committee member, understanding strata management can help you get the most out of your property investment and community.

What Is Strata Management?

Understanding the Basics of Strata Living

Strata management, also known as body corporate management, is a system of property ownership where individuals own their units or lots, while common areas—like gardens, foyers, elevators, or pools—are jointly owned by all residents.

When you purchase a property under a strata title, you automatically become a member of the Owners Corporation (OC). This group is responsible for managing shared spaces, adhering to legal regulations, maintaining insurance, and handling finances. That’s where strata management professionals like MBCM come in—to manage these responsibilities on your behalf.

The Role of a Strata Manager

What Does a Strata Manager Do?

A professional strata manager, such as those at MBCM, acts as an administrator and advisor for your Owners Corporation. Our key responsibilities include:

Coordinating maintenance and repairs for common property areas

Managing finances including budgets, levies, and invoices

Ensuring compliance with Victorian strata laws and regulations

Organising meetings like annual general meetings (AGMs)

Communicating with owners, residents, and service providers

By handling the day-to-day operations of a building, a strata manager ensures your community runs smoothly, legally, and efficiently.

Why Choose MBCM for Strata Management?

Trusted Expertise Across Victoria

With over 35 years of experience, MBCM Strata Specialists offer a unique combination of local knowledge and professional expertise. Every MBCM office is locally owned and operated, meaning we understand the needs and challenges of each specific community we serve.

Our commitment to proactive communication, financial transparency, and regulatory compliance has made us the go-to partner for thousands of Owners Corporations across Victoria.

Benefits of Professional Strata Management

Peace of Mind and Efficient Property Management

When you work with MBCM, you gain access to:

Time-saving administration – Let us handle meetings, notices, and records.

24/7 emergency maintenance – Rapid response when you need it most.

Expert legal compliance – Avoid fines and litigation through our regulatory support.

Clear financial reporting – Keep your budget on track with professional oversight.

These benefits help ensure long-term value for your property and a better quality of life for residents.

Your Responsibilities as a Lot Owner

What You Need to Know

While the strata manager takes care of operations, lot owners also have responsibilities, including:

Paying strata levies on time

Attending Owners Corporation meetings

Following the rules (also called “by-laws”)

Notifying the manager of changes (e.g., renting out your lot)

Being aware of your obligations helps promote a harmonious living environment and ensures your property is well-maintained.

Common Questions About Strata Management

How Are Strata Fees Calculated?

Strata fees are typically calculated based on the unit entitlement (your share of the property). These fees cover costs like:

Insurance premiums

Utility bills for shared areas

Repairs and maintenance

Management fees

At MBCM, we help create clear, fair, and sustainable budgets for every community we manage.

Can I Make Renovations in a Strata Property?

Yes, but you usually need approval from the Owners Corporation, especially if the renovation affects common property or structural elements. Always check with your strata manager before starting any major changes.

How MBCM Supports Committees and Residents

Tools, Resources, and Local Support

Strata management isn’t just about ticking boxes—it’s about building better communities. At MBCM, we offer:

Committee training and support to help you make confident decisions

Owner portals for easy access to records, invoices, and notices

Local representatives who understand your area’s unique needs

Whether you live in a boutique block of units or a large residential complex, we tailor our services to fit your community.

Conclusion

Living in a strata-titled property doesn’t have to be complicated. With the right strata management team, like MBCM, you can enjoy all the benefits of shared living—without the stress. From maintaining common property to ensuring legal compliance, we simplify the process so you can focus on what matters most: a safe, well-managed, and vibrant place to live.

Ready to Experience the MBCM Difference?

Introducing Strata Guardian

It’s no secret that we are now faced with a world of low-interest rates, propelled by the coronavirus pandemic and its associated poor economic conditions. Even before the pandemic, cash and term deposit interest rates have been gradually declining, decreasing the long-term viability of term deposits as a useful investment option for those seeking a reasonable return without taking on too much risk.

The more significant issue at hand now is not the risk of losing capital but the genuine risk of not having enough when the time comes to employ the funds for their intended purpose. This dilemma is the same for people saving for a home, retirement, or indeed for a group of lot holders looking to replace a significant building component.

As central banks the world over have slashed interest rates to stimulate the economy, it also has the intended effect of making term deposits and cash at call interest rates now, not a viable investment. This has meant the conventional mainstays of the low-risk investment world are increasingly unattractive for long term capital. By creating a situation where the return is mediocre, to the point where it is in danger of being eroded by simple inflation, financial controllers are compelled to seek alternatives or face the prospect of higher contributions to ensure that the purpose of the saved capital is met.

An innovative and secure solution to a new problem for Australian Strata and Sinking Funds.

Strata Guardian seeks to help with this problem. It is the reason we have decided to build an investment product that is specifically designed to help the thousands of Australian lot owners, Owners Corporation / Body Corporate and strata managers out there facing the prospect of inadequate returns on their building capital. By using quality, diversified portfolios that target more meaningful returns while still carrying significant downside protection, we aim to help with the difficult task of fixing inflation erosion with what is essentially the superannuation of your building’s financial future.

Using the latest technology in data security, both for the onboarding and ongoing, personal information protection is a core focus of our offering. All client capital is secure on a trusted third-party financial platform that is backed by local and global fiduciaries and allows both transparency and access to your funds at any time.

We are here to help you.

We welcome you to present Strata Guardian at your next Owners Corporation / Body Corporate or strata committee meeting, buildings accountant, or owners corporation strata management. We are always available to make introductions by phone, email, or virtual meeting as required.

Strata management is nothing but the role of managing the building and its parts that are divided in numbers. It’s the management of the property that is jointly owned and has multiple units, common facilities, and common areas. The strata culture is famous in countries like Dubai, the Philippines, Abu Dhabi, India and Australia. The person who manages these buildings and common areas comes under the community and provides benefit of the lot owners. The managers keep coordination with the people up keeping the building to ensure that everything goes in check. Let’s understand the specific duties of the strata managers.

Introduction:

The world is changing. So is the ways of doing business. Ever thought one could make huge empires just by selling lemonades and juices? Thus priorities have shifted from hard work to smart work. This maybe just an illustration but businesses have been widened to include new goods, services, methods and technologies. One of the most conventional and old school business idea has been real estate investment, which is indeed one of the safest methods to yield comfortable return. Talking about dynamism in investment in properties, Strata is the new school revolutionary concept for investing in properties.

What is Strata Title?

There have been times when one had to invest a large chunk of his bank balance to invest in properties such as land, apartments, commercial strata services structures etc. Another problem that arises is dispute as to ownership of some parts of properties such as corridors, common terrace, garden areas, lawn etc. The concept of Strata title has come up which enables a person to hold a definite part of property known as strata or stratum and combined ownership of common property.

In general sense, it is devised for multi level apartment blocks or horizontal subdivisions with shared areas. However, in Australia particularly in cities like Sydney and Canberra, it is used in much broader sense and enable a person to buy fragment of a single block of property as well. The concept was introduced approximately 50 years ago in Australia and is subject to various laws and regulations.

What is Strata Management?

Strata management is an uncommon area of professional services widely prevalent in Australian big business hubs such as Sydney. It is a specialist area of xt where experts take care of day to day operation and management of your strata titles and commonly held properties therein. If you are a big time real estate investor living in Australia, strata building management is the solution for you to optimize value of your investment and reduce costs of holding it.

Business optimization by strata manager

Obtaining services from strata manager relieves you from the stress and cumbersome procedures involved in managing properties, especially common held properties. Strata management  agent provide a lot of benefits to a person from business point of view such as:

Ease of doing business

The best part is operation and maintenance along with resolution of disputes relating to common properties such as its maintenance, recurring costs involved, its valuation etc is wholly handled by strata manager. It lets you focus on productive decisions and thus relieving you from cumbersome tasks involved in strata holding.

Expert advice

Strata managers are aware of all the laws,regulations  and compliances. Moreover they are experienced in handling varied issues. Thus you get the expert advice in regards to your property.

Cost management and value optimisation

Strata management companies are able to offer you services at lower costs. They enable you in increased savings in the form of savings in compliance failures, penalties and cost of disputes.They provide consultancy regarding your investment.

Reporting and record keeping