nobzy – YES it does, unless your O/C has magnanimously decided to inspect those on your behalf concurrently with its annual Fire Safety Inspections; check?
On the basis of what’s required of landlords and tenants with regard to the provision, operation, and maintenance of smoke alarms under the NSW Residential Tenancies Act (HERE), what’s recommended for fire safety by NSW Fire & Rescue (HERE) and in the absence of any knowledge about your present contractor’s scope-of-work, it just seemed to me that $100/annual check for each property was a bit steep.
After taking into consideration all of the above, and the fact that your Property Managers are required to undertake an inspection of each of your properties that’s sufficiently thorough to complete an Incoming Condition Report, including the prescribed item on smoke alarms, and you would expect they’d undertake routine property inspections on your behalf at least every six (6) months, I guess you’re the best judge about the worth, from all perspectives, of the services provided by your present contractor.
Perhaps rev. your Property Managers up to ensure that they’re duly diligent with the regular property inspections and reporting that you’re already paying for, let the inspection contract run for another 12 months, and then based on the quality of the information provided assess how you’ll proceed.