Newcastle Strata Inspections Pty Ltd
Providing independent pre-purchase strata inspection reports in the Newcastle, Hunter Valley & Port Stephens areas.
About
We are the longest serving pre-purchase strata inspection company in the region. We have conducted over 10,000 thousand searches and are well versed in identifying important issues that are of interest to a prospective purchaser. Our focus is providing accurate, informative & easy to understand inspection reports.
We service the Newcastle, Hunter Valley and Port Stephens areas predominantly.
Searches within the Newcastle area attract a flat fee of $330.00 including GST & a travel cost of $55.00 applies to inspections in Maitland & Nelson Bay areas.
Our Reports
Prior to buying a strata or community titled property, it is highly recommended to obtain a pre-purchase inspection report. The report attempts to provide a snapshot of the current state of play in relation to the minutes, financials, by-laws, insurances, general repairs & maintenance costs, etc.
The inspection of the books and records is conducted at the Strata Managers office, online or at the property if the scheme is self-managed. We are provided access for one hour and methodically inspect the information made available at the time of the search of the books and records. Where possible, we take copies of any documents we believe a potential purchaser may deem relevant. We pay strong attention to defect reports, proposed or current litigation, large insurance claims, large proposed works, pest reports, capital works fund plans, etc.
In the time permitted, we glean regulatory information and pay particular attention to the "Minutes" of meetings and the last 5 years financials (revenue and expenditure statements). Once these details are reviewed, we then focus on any areas of concern and begin a more focused inspection. Having conducted over 10,000 searches/reports, we are confident with our processes and we always strive to provide accurate & informative reports.
Examples of Information Covered
- Current Fund Balances
- Quarterly levies
- Meeting minutes
- Previous or proposed special levies
- By-laws
- Annual Insurance policy
- Previous or current large insurance claims
- Income & expenditure summaries for previous 5-7 years (where possible)
- Capital Works Fund Plan
- Previous or proposed large building works
- Engineering Reports or Defect Reports
- Asbestos Reports
- Safety Reports
- Valuation for insurance purposes
- Pest inspections
- Previous or proposed legal action
- Window locking device compliance
- Pool safety compliance
- Exclusive use approvals
- Annual Fire Safety Statement
What is NOT Covered
An inspection of the books and records is not an exhaustive review of all records held, nor does it attempt to report on every aspect of the plan. The report provides an overview based on recent history.
Request a Report
Simply contact us via email at newcastlestratainspections@gmail.com or via the phone on 0421 584 880.
Please provide a vendor authority (required by the act) which can be requested from the vendor’s solicitor/conveyancer and/or the first three pages of the sales contract. The authority would normally cover details like who the Strata Manager is, Strata Plan number or Deposit Plan number, Lot number, address of the scheme and the vendor name.
Pricing: The cost of undertaking a report in the Newcastle area is $330.00 inclusive of Gst. We do charge a travel fee of $55.00 if the books are located outside the Newcastle area (Maitland or Nelson Bay).
Terms: Our terms are strictly 7 days from the date of issue and are not dependent on completion/execution of the sale/settlement of the property in question.
Important: Please detail who is accepting the responsibility for payment and provide a name, address, email address and contact phone number.
Contact
- PO Box 516, The Junction NSW 2291
