About Us…What our customers say

Case Studies

Strata Finance success stories can be viewed by following the links below:

Building	Owners	Need	Location	Download Full Story
Residential 1960’s medium rise	32	Unsafe, aged and broken windows with leaks	Mosman, NSW	pdf 219KB
Residential medium rise	17	Repairs to windows, facade and common walls. Painting, upgrade of foyer, new carpet, rear stair repairs.	Potts Pt, NSW	pdf 329KB
Residential highrise	50 +	Lift Replacement	Sydney, NSW	pdf 204KB
Commercial 1990’s	35	Complete refurbishment and upgrade of amenities	Melbourne CBD, VIC	pdf 406KB

Testimonials

"Funding the work with Strata Finance has been more than justified by the improvements."

"We all believed imposing a special levy on owners would be too onerous and unaffordable to owners."

"And we didn't want the work to drag on indefinitely. So, we spoke to the people at Strata Finance and found their process to be simple and easy. They were great people to deal with and helped us find a solution that suited everyone."

Terry Gilchrist, Owner, Mosman

"I didn't think the owners would go for the Strata Finance option. However after sitting together and discussing the options for some time it became clear that when we weighed up the cost of paying a special levy with Strata Finance there was not much difference in cost," said Viktoria.

"Using Strata Finance meant that the owners could start the work immediately. So they quickly decided it was the best option."

Viktoria Kiss, Principal Oria Strata Management

"It made absolute sense to finance and do all the work at once. This saved the owners and tenants the pain of work dragging on and also saved on the overall cost by having the work done in today's prices. Some owners have been trying to sell their property for some time with no joy. Improving the building can only help and if owners are thinking of selling the other attraction is having the flexibility to sell if they want to and pass on their repayments to the new owner."

Chairperson, owners corporation, North Sydney

"The finance was for a new lift which was badly needed. The lift was in a dire situation, breaking down daily, with servicing costing more and more. It was bad for owner-occupiers who had to live with the problem everyday and also for investors as tenants often used the lift as an excuse to break leases. The investors also can see the tax benefits of replacing the lift immediately."

"Strata Finance also helps as all costs are shared between the owners, often providing savings to individual owners. For this building and other strata buildings, sometimes we need to increase the projected levies by up to 25% to cover the slow repayment of levies by owners. Financing the works means only the necessary funds are acquired for the work and they are available straight away to start the work, regardless of slow payers, with no increases needed."

Philip Kooper, Strata Manager

"The owners corporation needed a new security system and were looking at other ways to fund the works. They quickly came to the conclusion that they wanted to finance the works but finding a credible finance supplier took some months. Strata Finance offered the solution they were after and provided access to the funds to get the work done immediately."

David Ferguson, Strata Manager

"The fact that owners can get on with major work rather than be hit with a special levy and then having to wait until they've got enough money in the bank when issues continue to deteriorate is an obvious benefit. It's definitely the way to go."

Denise Bretherton, Strata Manager

"Financing instead of a special levy is a no brainer."

Murray Cameron, Strata Manager