I live in an apartment complex and think our body corporate fees are excessive.
In the last couple of years our fees have more than doubled to include a “painting levy” . Our complex is about seven years old and is apparently due for a paint. We are now paying in excess of $540 per quarter for the next few years. Just to set the scene, though, we are not a “boutique development” in an exclusive area. We are pretty much small families, singles and tenants in a standard inner north suburb. Nothing special.
Other than the painting levy, we seem to be getting very little for our fees which are increased at each AGM. The usual parking/garbage/pet problems continue as per every other complex. The usual letters are sent out re-iterating the House Rules which are steadfastly ignored.
I would like to hear other people’s experiences and opinions on body corporate fees before I tackle the agent.