Luke Downie in East Perth, Western | Estate agents

Luke Downie

Locality: East Perth, Western

Phone: +61 499 876 590

Address: 28/118 Royal Street 6004 East Perth, WA, Australia

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24.01.2022 Why not make your way down to Bunnings Innaloo this Sunday, grab yourself a Sausage Sizzle and support a great local sporting club.

24.01.2022 10 Year Maintenance Plans Can Strata Companies prepare their own. With The Strata Title Amendment Act 1985 soon to be proclaimed many Strata Companies are asking if it is ok for them to prepare their own 10 Year Maintenance Plans or do they need a suitable professional to prepare it for them. The Act certainly does not prohibit Strata Companies from preparing their own report and doing so would certainly save the Strata Company money but the question is should they prepare... it themselves. The plan needs to contain some methodology surrounding calculating life expectancy of items contained within the plan and replacement costs including escalation and I would suggest that a quantity surveyor, licensed builder or a combination of the two would be best placed to carry this out. Sure the Council of Owners could seek the advice from reputable companies in each field for estimated costs and perhaps even opinion on the remaining life span of the item but this is not where the biggest concern with self-preparation of the plan exists. When contemplating items for inclusion or exclusion form the report the decisions made here is where there is substantial risk. In preparing the plan themselves if the Council of Owners make a decision to exclude an item from the report and it turns out they were wrong, meaning the item ends up being replaced during the period of the report then that Council of Owners leave themselves and perhaps the Strata Company liable for potential litigation. My advice to Strata Companies is spend the money on having a suitable professional prepare your report! See more

23.01.2022 Our first seminar for 2020 with all proceeds being matched by Mark Hay Realty Group and going to WIRES & Wildlife to aid wildlife victims of the fires. I will be presenting on Strata Reforms at this seminar and look forward to seeing you there!

22.01.2022 The draft Strata Title General Regulations have been made available for public consultation. The draft is available on Landgates website https://strata.wa.gov.au/

20.01.2022 Its here, strata reform. Check out why you should be reevaluating your current management agreement. Better still listen first hand here for some of t...he assistance available to you. https://bit.ly/StrataTestimonial . #strata #stratareform #proclamation #Stratatitle #stratatitlesact #pressrelease #management #realestate #perth #WA #perthrealestate #realestateperth #property #propertyperth #perthproperty #owners #investors See more

18.01.2022 Strata Reform came into play on 1st May 2020. Our first strata reform webinar last week had over 100 viewers. Dont miss your opportunity to learn great tip...s on how you can budget save and create income streams from your Strata. Register for the FREE webinar here: https://us02web.zoom.us//3215903/WN_TGyYY626R32RxwrK3qRW5Q See more

18.01.2022 Landgate have launched a new web site on Strata Reforms as well as lands minister, Ben Wyatt announcing public consultation. Check it out: https://strata.wa.gov.au/

18.01.2022 Dons miss our next webinars!

17.01.2022 EOFY 19/20 is upon us! Check out our 4 upcoming and informative webinars. Links to register below; Identifying Opportunities in the Perth Property Market... Now - With Mark ; https://us02web.zoom.us//1015903/WN_CriGnmrKSFa9Rqyl-yGw4Q Maximising yield and return from your rental property - with Emma Thorpe - Investor Specialist ; https://us02web.zoom.us//7115903/WN_oGy4rafxSOCeCzNyLdzsIg Strata Reform & being compliant, tips of budget savings and income streams - With Luke Downie - Strata Specialist ; https://us02web.zoom.us//3215903/WN_TGyYY626R32RxwrK3qRW5Q Commercial Property & Development Strategies - With Mark ; https://us02web.zoom.us//5415903/WN_etLFjPYcQeO8LebuKCX29A Alternatively visit our website for more information & to register: https://www.markhay.com.au/mhrg-eofy-webinars/ Look forward to meeting you online soon!

17.01.2022 STRATA REFORMS - Time for your CoO to review. In our great state of Western Australia CoO is also an abbreviation used for the Council of Owners of a Strata Company. The amendments to the Strata Titles Act 1985 are significant and for those who dont deal in Strata legislation in WA there is far too much to get your head around in one go. ... Now is the time for Strata Company Council of Owners to evaluate their governance processes and make any necessary changes to ensure compliance. So the changes for the CoO. Council Members must: Act honestly, with loyalty and in good faith at all times Exercise a degree of care and diligence Not make improper use of their position to gain advantage or cause detriment to the strata company. Disclose in writing and direct or indirect pecuniary interest or conflict of interest. Here is what I am recommending the CoO need to do: Act now in reviewing your CoOs governance processes Make sure CoO meetings are well minuted When entering into a service agreement or contract be sure to minute the decision making process and the reasons behind the selection. Not just the decision itself. Service contracts should be put out to tender with adequate tender documentation that supports a fair and reasonable process designed at achieving the best outcome for the strata company. Avoid using trades or service providers related to CoO members or where a CoO member works for or owns in the business. When you do employ such a provider make sure that the relevant CoO member has correctly disclosed the conflict of interest and re frame from participating in the voting process. Minute this has occurred. With all decisions faced by the CoO subject the decision to the fairness test is this decision being made in the best interests of the Strata Company as a whole? Decisions made or funds being spent should not be for the sole benefit of CoO members or the minority of owners. Remember if the CoO are ever unsure it is always best to refer the decision to a general meeting of the Strata Company.

16.01.2022 Positive perspective for post COVID19!

16.01.2022 Strata Companies and owners should consider the many benefits of membership to Strata Community Association WA

15.01.2022 Congratulations to our March Employee of the Month - Luke Downie - Strata Specialist As voted by his peers for; Always there to assist no matter what the... issue may be, enjoyable colleague to work with. Great job great getting strata management. All the extra work he has done to make sure everyone is set up to work from home due to the CV Always very calm when there is a stressful situation. Helped big time with the sorting of computers. Kicking prospecting goals. Hard work paying off and can do attitude ALWAYS!!!! Well done Luke! thanks for your amazing efforts!

15.01.2022 Our editorial from Saturdays West Real Estate section talking about being aware and prepared for Strata Reforms.

14.01.2022 Our most recent Strata Management Review: I would like to thank Mark Hay (both Luke and yourself) for all the hard work that you have put into transferring the Strata Management for 39 Tully Road from iFresh to Mark Hay. The level of service we now receive has put faith back into the COO that there are Strata Managers out there that do do a good job.... I feel over the last few months we have got the Strata into a really good position and we wouldnt have got there without the support of Mark Hay. I also felt the need to write a positive review on Google. If there is anywhere else (website etc) where you use the reviews let me know and I will add my comments.

13.01.2022 The long awaited commencement of Western Australias reformed Strata Title legislation has come into affect today! With over 20 years in the industry I can say that changes of this magnitude have been talked about since my first day in the industry. It is fantastic to finally see them come into play!

13.01.2022 Great article Lookup Strata, fantastic to see the State Government taking on the recommendations. No doubt there is a need for short stay operators and a need to minimize short stay impact on peoples homes!

12.01.2022 Welcome to our newest Strata Complex, 240 Mill Point Road South Perth.

12.01.2022 Strata Quick Tip: Even if joint owners are both attending a general meeting they need to complete a proxy form appointing one of them to vote on behalf of the lot.

12.01.2022 New legislation introduces a statutory requirement for Strata Schemes to have a ten year maintenance plan.

11.01.2022 Article published in The West Real Estate section on Saturday, talking about terminating Strata Schemes under the reformed Act.

11.01.2022 Strata Meetings - Modern legislative Changes needed now more than ever! WAs Strata Reforms which await proclamation contain the introduction of the ability for Strata Company meetings to be conducted electronically as well as the ability for strata companies to utilize electronic voting. As the world begins to shape and adapt to COVID-19, as we did post September 11 this legislation has the potential to become critical to the way Strata Companies in Western Australia conduc...t business in the future. The new legislation allows for a person including proxy to attend and vote at a meeting of the strata company by video link, telephone or similar means of remote communication in accordance with any requirements of the scheme. The commencement of the changes awaits the general regulations passing through parliament and the subsequent proclamation of the act. See more

10.01.2022 Editorial published just before Christmas.

09.01.2022 Welcome to our newest Strata Management complexes! We are excited about getting to know all the owners and working with you for the betterment of your valuable investment!

08.01.2022 We are excited to be welcoming Como Waters to our Strata Management portfolio!

08.01.2022 My recent editorial published in Medicus - The Australian Medical Associations magazine.

07.01.2022 Congratulations to our Employee of the Month for May (and for the second time this year) - Luke Downie - Strata Specialist As voted by his peers & colleagues for absolutely kicking butt in all aspects of Strata! Well done Luke!

06.01.2022 Interested in finding out more about Strata Reforms? Why not attend one of Landgates free community sessions. To find out more visit: https://www.strata.wa.gov.au//community-information-sessio Whilst your here dont forget to like and follow my Facebook page to keep up to date on all the latest Strata Title Information.

05.01.2022 More great points from Mark Hay Realty Groups "Walking Strata Encylopedia" Luke Downie - Strata Specialist Check out Lukes suggestions or better still Contact Luke direct on 0499 876 590 or [email protected] before the Strata Reforms are released.

04.01.2022 Youre invited! Strata Reforms are here. Register for this ZERO cost informative webinar here: www.bit.ly/Markhay-StrataReform Hosted by our "Walking Encyclo...pedia of Strata" Luke Downie - Strata Specialist Feel free to share with anyone you know that may benefit from this webinar. #stratareform #strata #strataproperty #stratatitle #propertyperth #perth #webinar #registernow #realestate

04.01.2022 Wheel Clamping is on the way out!

03.01.2022 The pending changes to the Strata Titles Act has some far reaching effects/consequences (all basically good). We are conducting an informative session on all t...hese points on 22nd February at 10am. Tickets available now with all proceeds donated direct to WIRES/Wildlife Victoria for the bushfire appeal. Visit our event page to book NOW https://www.facebook.com/events/604826640314502/ BE STRATA READY!!!

03.01.2022 WA Strata Reforms bring Purchasers Power! The WA Strata Reforms will require Real Estate Agents, Settlement Agents and seller to change their approach when it comes to selling Strata Titled property in WA. The reforms deliver better buyer protection in the respect that they introduce a greater level of disclosure and provision of information and shift the need for this information to be provided prior to entering into a contract for sale. The reforms also introduce certai...n requirements at sale of a strata titled property when the seller is the scheme developer and one of the following applies: the strata titles scheme has not been registered the first annual general meeting has not been held the scheme developer owns 50% or more of the lots in the strata titles scheme the scheme developer owns lots with a total unit entitlement of 50% of the scheme aggregate It is anticipated that the reformed regulations will provide new prescribed forms for the provision of this information (currently Form 28 and Form 29). Some of the information that is currently provided in what is common referred to as a Section 43 certificate will need to be provided pre contract. Under the existing legislation a section 43 certificate isnt usually provided until post contract. What I perceive will result from this section of the reforms is more informed and educated buyers looking to purchase into a Strata Company that is well maintained, has sound financial management and is compliant with its statutory obligations. I support these changes and the transparency they bring. I also urge Strata Companies and their managers to ensure that the owners in their scheme will be able to compete in the market by ensuring they can showcase the very best in maintenance and financial planning. Want to know more about this section of the reforms Message me on Facebook! See more