A strata report is a history of all the documents relating to a strata complex. They include the body’s finances, decisions, pending decisions, planned works, special levies, insurances, minutes, sinking fund balances and building defects.
They’re incredibly important, to make sure you don’t enter a complex with high risk, a low cash reserve, or one that’s bleeding cash.
A strata report must be ordered and reviewed by a professional before purchasing any strata property. Learning to read one can be tricky, even with AI — missing out on a single item could mean the difference between a good buy and a bad one.
A quick call to help us understand what has been holding you back from making the purchase, and to break down whether we can truly help.