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Why are my strata levies, for a 2 bedroom apartment in a 50 lot, 10 year old building, so much more than the annual maintenance costs of a large 4 bedroom free standing house on a large block of land in a nearby suburb? Partly the answer I suspect is the every increasing invoices for ‘services’ and contractors, especially fire safety services. are strata apartments considered to be fat cash cows where very few individuals take much interest in expenditure.
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