"The whole strata community owes a huge debt of gratitude to you and the OCN executive. Much appreciated."
3.5.1 Variable fee arrangement
A variable price means a fixed annual base price with additional costs for all sorts of items. You will also be paying for the strata manager’s time to accurately record these activities so they can charge you for them.
Many strata managers base their retainer fee on the number of lots of a strata plan. So for example if you have around 200 lots you may expect the base retainers being quoted were around the $25,000-$35,000 mark plus GST. However there will be numerous additional costs on top of this: