Fees & Services

Compare us with the others

Body Corporate Managers comparison of fees for an 8 unit group

You can use this detailed comparison of the services and fees offered by the larger body corporate managers in South Australia.

Fees include GST and are based on information gathered in January 2010, based on a group of 8 units. Services and fees may vary according to the size of a group. Fees for extraordinary duties by UnitCare are by negotiation. All care has been taken with this information and we advise that you confirm our competitors' fees directly with them. E & O E.

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Services

Whittles

(at July 2010)

Strata Data

(at Feb 2011)

Adelaide Strata

Horners

Protection

          
Money Back Performance Guarantee


View

 X X X X
Three month money back trial


View

 X X X X
Financial reports to monitor expenditure Monthly to treasurer - View
Annually to owners		 Annually to owners and by arrangement Annually to owners. $27.50 for requests Annually to owners. Additional statements - fee applies Annually to owners
Activity reports to monitor manager's service Monthly to treasurer - View
Annually to owners		 X X X X
Trust Account Auditor's report to treasurer


No fee for report - View

 by arrangement X If requested - fee applies X
Committee / P.O. approve any extraordinary payments if $3,000+ - - No
           

Information

 UnitCare Services Whittles Strata Data Adelaide Strata Horners
Unit Owner's Kit (incl. notes for owners)


View

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Newsletters


View

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Website

           

Fees

 UnitCare Services Whittles Strata Data Adelaide Strata Horners
Option 1 - PrimeCare:
Fixed Management Fee per unit per year.		 ($189.00 p.a.) $47.25/unit/quarter
Full service - min fee is 7 units - View		 $202.50/unit p.a. or by negotiation $220/unit p.a. paid 1 yr in advance
Exit fees apply $99 + $27.50		 $190.00/unit p.a. July 2011
Setup fees may apply		 $163.00
Setup fee $55.00
Option 2 - SelectCare
Time based fee option.		 $135.00/hour
Pay only for time used. Full report on activities and time taken - View		 by negotiation X X X
Option 3 - GroupAssist
Limited service low fee option for small and large groups.		 ($151.20 p.a.)
$37.80/unit/quarter
(20% discount)
Financial and secretarial service - View		 by negotiation X X X
Meeting Fees $135.00 for first 1.5 hrs before 6pm. $195.00 for first 1.5 hrs after 6pm $154.00 for 1st 1.5 hrs evening at units. $88 in business hours $110 for 1st hour $27.50 for each 1/4 hr thereafter $99.00 for 1.5 hrs before 3pm. $198.00 for 1st hr after 3pm $110 for 1st hr outside office hrs. Mileage charged at ATO rates
Maintenance - comments No commissions or ownership of or by maintenance firm. Many contractors pay Whittles a commission up to 7%

Own a maintenance firm - Strata Data Maintenance

10% commission to manager

 Preferred contractors. $55 to enter a non ASM preferred contractor Common directors with Murray Maintenance
Annual on site visit
Report and photographs to owners


Fee of $4.00/unit min $32.00 - View

 X X X X
Fee for overdue account notices
All fees billed to owner		 $11.00 recovered from owner. $38.00 to send to debt recovery $88.00 to send to debt recovery $20.00 recovered from owner. TBA to send to debt recovery $11.00 and $27.50 recovered from owner. $27.50 to send to debt recovery TBA recovered from owner. TBA to send to debt recovery
Funds Investment fee - charge to manage funds X

they advise that they no longer charge this fee (11/2010)

Appears to have been renamed Account Management Fee and is $11/month


1% of of ave bal of funds previous year.

Example: Group earns $2041 interest, charged $527.75 fee

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1% of of ave bal of funds
Photocopying, postage, stationary At cost as used by group Mix of fixed charges (eg: phones, emails, faxes) and as used eg copying. Whittles state that the average is $40/unit/annum (Feb 2011)

Copying $2.20/page

key keeping $5.50/key p.a.

$33/unit/year fixed fee

Provision of documents to owners other than AGM $27.50 + copying

Mix of fixed charges (eg: phones, emails, faxes) and as used eg copying. The average appears to be around $70+/unit/annum

(July 2011)

 Estimated at $15.00/unit average
Annual Audit $18.00/unit/annum - inc reconciliation and records archiving $12/unit

$12/unit minimum of $110.00

 $20/unit $11.00/unit (audit and accountancy)
Public Officer & Produce/Lodge Corporation's Tax Return $159.00 inc tax compliance/deal with ATO $236.00 $143 + $99 $49.50 + tax agent fee $88.00 public officer fee
24 Hour emergency maintenance

Convenient Payment of fees BPay, Credit Card, Cheque, Bank SA BPay, Cheque, Bank, Electronic BPay, Credit Card, Cheque, Bank BPay, Credit Card, Cheque, Bank Cheque, Bank, BPay
Comments View management contract Charges fixed fee/unit for emails, faxes and phone calls Demands 3 months to terminate Demands 3 months to terminate  
Sample contract View management contract ask them for a copy ask them for a copy ask them for a copy ask them for a copy

A dash '-' indicates that we have no information. We suggest you contact the relevant management firm for up to date service information and fees.

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August 2011