A Capital Works Fund report informs the Owners Corporation of the levy required to meet the cost of maintenance and repairs. It is a requirement under Strata Management Act 2015.
Capital Works Fund levies should be set at levels to suit each individual building depending upon age, location, condition & quality.
Our Report will prioritise the overall requirements for future spend on maintenance and repairs.
If your building requires more attention, or you are concerned with specific items such as rising damp or fire safety, OR you are considering a renovation, please look at our Maintenance Report – Strata page.