Strata News
Tower Body Corporate
SEQ Region
September Edition

School holidays and sunshine - what a magical combination. Check out the Must do Brisbane school holiday guide September-October 2015 Brisbane Times to make the most of the break.

This complimentary newsletter forms part of the comprehensive service provided to you - by keeping you informed and up to date with important news, including any changes that are happening in the Strata Industry. It contains news and articles relating to apartment living in the South East Queensland region.

State of the market: Released by Urbis last week, the Gold Coast Apartment Essentials report has revealed that the first quarter of 2015 saw more new apartments sold on the Gold Coast than compared to any three-month period in the last five years. Record sales of off the plan apartments for the Gold Coast Your Investment Property

Please let us know if you would like information about a certain topic. Maybe you have some feedback about the newsletter. Either way, we would love to hear from you.

Being a referral based business, the best compliment any client can give is the referral of a friend, family member or colleague who would also benefit from our service. If we can assist, please contact the Tower Body Corporate Team directly on 07 5609 4924.

We are very happy for you to forward our newsletter onto family, friends or colleagues - even if they are not part of the Tower Body Corporate community.

If someone forward you this email you may not be on our mailing list. Click here and subscribe so that you never miss an issue.

Kind Regards

The Team at Tower Body Corporate Administration

Dealing with nuisance owners

Frank Higginson, Hynes Legal
Tank tower QBCCMCmr 322: dealing with a problem lot owner strata, including what may be considered reasonable and what is just pushing things too far.

Read More....

Renovating a strata property – golden rules to ensure your insurance is not compromised

Ann Farrugia,
Whitbread Insurance Brokers

Renovating a strata property? Though about insurance? Renovating an apartment may turn out to be more complex than renovating your average free standing dwelling.

Read more.....

Difference Between the Administrative & Sinking Fund?

Tower Body Corporate Administration
One of the main questions that we often get asked here at Tower Body Corporate is - what is the difference between the Administrative Fund and the Sinking Fund Queensland?

Read more.....

Resolving parking issues in strata

Chris Irons,
Commissioner for BCCM

The issue of parking and vehicles on a community titles scheme is one that is regularly encountered at the Commissioner's Office, either as an enquiry or as the basis for a dispute resolution application. The issue of visitor parking or common property parking is one that may be regulated by the body corporate.

Latest News

Unit investors are happy to buy before they try, with the number of off the plan apartments for sale jumping dramatically

Michelle Hele, The Courier Mail

MORE property buyers are seeking the high life, with new figures revealing the number of off the plan apartment projects advertised for sale has increased by 154 per cent in just three years.

NSW: Barangaroo raises prospect of user-pays strata fees

Sue Williams, Domain

After a landmark revelation about the future running of the Barangaroo development, a system of user-pays strata fees may well be on the horizon.

Southport development site sells for $12m

Alister Thomson

A PREMIER development site at Southport has sold for under $12 million to an interstate developer. The 5113sq m site, on the corner of Queen and Scarborough streets can host a high-rise tower with retail and residential components and is inside Southport’s priority development area.

Key to curbing a strata committee chairman who is a remote control freak

Jimmy Thomson, Domain

In strata more than anywhere else, it seems, there are certain kinds of people who, if given a little authority, will immediately award themselves executive powers to which they are not entitled.

High-rise residents finally return home after Brisbane's November hail storm

Andree Withey, ABC News

A high-rise that lost its roof in a hail storm in Brisbane 10 months ago has been repaired, with residents finally moving back home.

FAQs regarding fire door compliance

Peter Pedersen, Scanline Fire Doors
Do you know your fire door compliance? Here we provide some straight forward answers to some common questions regarding fire door compliance in Queensland.