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Wellman Strata

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22.01.2022 Recently, owners of a Bondi apartment building converted unused store rooms on common property to saleable units, to fund an upgrade of their building. Levies aren’t considered taxable income for strata schemes, however profits or income from the sale or leasing of common property are. So if your strata scheme has any income apart from levies, your strata manager or scheme’s accountant, should be calculating a figure that you should declare on your annual tax return.

21.01.2022 Giddy Up Please note, our office will be closed from 12pm for the Melbourne Cup. Happy punting!

19.01.2022 FAQ | Our by-laws don’t deal with things I think are important. What can I do? A: You can draft your own by-law to be discussed in the next general meeting. A new by-law requires a special resolution (75% or more to vote in favour). If and when passed, the by-law must be registered with NSW Land Registry Services, making it an enforceable by-law that must be obeyed. You may want to get assistance from your managing agent or a solicitor.

18.01.2022 Developer consulting // While a strata manager may be a small part of the overall development picture, a good or bad strata manager can be the difference between the ultimate success or failure of a development within the first few years of a scheme’s completion, as they bridge the gap between the original owner and the owners corporation. Do you want a team committed to your vision? Get in touch: http://bit.ly/WS-Contactus

17.01.2022 MERRY CHRISTMAS // From all of us at Wellman Strata, we wish you and your loved ones a very Merry Christmas and a happy holiday season

16.01.2022 Pet owners are celebrating the NSW Court of Appeal ruling that overturned the right of unit blocks to create bylaws prohibiting animals. The decision followed a four-and-a-half-year battle from one Sydney pet owner, who fought to keep her miniature schnauzer in her apartment in The Horizon building in Darlinghurst. The court ruled that pets do not adversely affect other occupants, ruling the pet ban seemed to be for the convenience of the strata committee.... What are your thoughts on this decision?

16.01.2022 Picture perfect Newcastle : @ exploretheminiworld

15.01.2022 David | Managing Director & Licensee in Charge Prior to establishing Wellman Strata, David oversaw the management of over 25,000 strata and community title lots as the General Manager of one of Australia’s largest companies and leading market providers of strata and community titled management services. His passion for the property sector and dedication to providing professional, personal and consistent service led him to establish Wellman Strata.

14.01.2022 Peace of mind in our state's largest cities Sydney Newcastle

13.01.2022 OUR CULTURE // At our core you will find a cohesive team of dedicated people with a well-defined understanding of the business, its goals, purpose, mission, vision, values and challenges. It’s #TheWellmanWay

11.01.2022 Sustainable Apartment Living Tips | Reduce Energy Consumption: As the temperature begins to rise, so do electricity bills. Consider investing in black-out curtains. Perfect during extra-sunny months, and a great way to spruce up your apartment décor. ... Additionally, using LED lightbulbs will save much more energy compared to their standard counterpart.

09.01.2022 We're thrilled one of our buildings, Glo Apartments in Erskineville, Sydney, has received an Australian first: 6-star NABERS energy rating! This building truly leads the market in terms of energy efficiency. Wellman Strata recommended and managed building improvements to deliver:... 45% reduction in electricity consumption 28% reduction in electrical demand 57% reduction in electricity cost If you would like to find out how you can make your building energy efficient, reach out to your dedicated Strata Manager or send us an email.

08.01.2022 FAQ | Can I complete required repairs to common property? A: Only if you have permission from the owners corporation. However, common property repairs should be completed by the owners corporation, rather than an individual owner.

08.01.2022 Our Culture // Service Managing and exceeding expectations. It’s #TheWellmanWay

08.01.2022 Honouring our heroes. Today and always. #WeWillRemember #RemembranceDay2020

08.01.2022 Luke | Strata Team Leader Luke is at the helm of our strata team. As a member of the Professional Standards Sub Committee of Strata Community Australia, Luke provides our strata managers, associates and clients a wealth of expertise in management and best practice.

05.01.2022 Thank you to our clients for an incredible 2020. Your continued support allows us to do what we love. We look forward to working with you in 2021 and wish you continued success. Happy New Year!

05.01.2022 Cheers to the long weekend! Wishing you a safe and relaxing break with your loved ones. Please note: the Wellman Strata Sydney and Newcastle offices will be closed this public holiday, Monday, 5 October.

04.01.2022 A new code of conduct for short-term rentals in NSW includes a "two strikes and you're out" policy that may result in problematic hosts and guests being banned from holiday letting for five years. The industry code will apply from December 18, 2020 and includes standards to be followed by hosts, guests, letting agents and online booking operators.

03.01.2022 Our strata expertise doesn’t end with us When you work with Wellman Strata, you work with a team of specially sourced and highly skilled people to ensure you receive the highest level of service and reliable advice.

03.01.2022 | ? A: Both are votes required for certain motions at general meetings. A special resolution is where there must be at least 75% of owners in favour of the motion, based on unit entitlement. A unanimous resolution is where everyone votes for the motion.

03.01.2022 Home isolation and lockdown laws have sparked a home renovation boom, with little understanding around how to store and dispose of hazardous items. Under most strata titles, the owners corporation usually has a set of by-laws that prohibit the storage of hazardous materials. If in doubt, seek clarification from your owners corporation and local council.

01.01.2022 As part of the 2020-21 NSW state budget, the NSW Government has announced a three-year program, Project Remediate, to help remove combustible cladding from hundreds of the most at-risk residential buildings in NSW. The program will provide building owners with "high-risk combustible cladding" with access to interest-free loans solely for the use of rectifying combustible cladding on residential apartment buildings. The minister said $139 million had been allocated by the stat...e government for the co-ordination of remediation works for affected buildings, with the priority of removing unsafe cladding from buildings as soon as possible. At the heart of the funding is a government commitment to paying the interest on loans by commercial lenders to building owners and owners corporations to fast-track the removal. The government said further details on the project will be released in December, with applications expected to open in March 2021.

01.01.2022 Our Culture // Integrity What we mean: No cutting corners, follow legislation, choosing courage over comfort.

01.01.2022 Best of luck to the Newcastle Knights in today’s elimination final at ANZ Stadium. We’re proud to be associated with such a winning team. Let’s go #GoHardGoKnights #NRL #UKNIGHTED : @nrlknights

01.01.2022 . - Dino Biordi | Managing Director, Luna Management