McCormacks Strata Management are all about building excellence. That is, excellence in governance, accounting and budgeting, communication, customer service and professional ethics. We create a customised solution for every building we manage because we are small enough to personally know every building but large enough to have the systems and people to back it up with action.
We have always approached our business with our clients needs at the forefront of our practices. We don’t just do what is required we go further. Consistency, leadership and service are just part of the McCormacks Strata Management difference.
We ensure the Owners Corporation runs smoothly so the strata committee can tackle the big issues of protecting, maintaining and improving the building for the benefit of the owners.
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Strata Management
McCormacks Strata Management provide expert guidance to the Strata Committee utilising our experience in all types of buildings where we ensure best practices are implemented and apply excellence in management for every strata scheme to ensure all regulations are complied with. Strata Committee decisions can be made with confidence.
With legally qualified and level 3 SCA accredited strata managers, the Strata Committee can be certain advice is grounded in expertise and experience.
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Accounting Excellence
Our accounts team are the absolute industry benchmark with a CPA qualified accountant assigned to every building. The accounts manager appointed to the building produces transparent and accurate quarterly reports to ensure the committee can make effective decisions in the best interests of owners.
Accrual accounting, line by line budgets with explanatory notes and a dedicated budget meeting with the accounts manager allows the Strata Committee to plan with confidence and account to the owners.
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BMC Specialists
McCormacks Strata Management have extensive experience managing building management committees (BMCs), employ only the best qualified strata managers and have developed best practice accounting, budgeting and communication systems to ensure the BMCs shared facilities are managed effectively and fairly.
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Client Portal
McCormacks Strata Management operates a client portal allowing access to strata documents as instructed by the Strata Committee. Base access includes access to minutes, insurances, bylaws, lot owner accounts and any other documents as authorised by the strata committee from time to time.
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Consultancy
Having worked with some of Sydney’s most complex and demanding buildings, we have experienced what makes for an effectively managed scheme. McCormacks Strata Management can consult with strata committee’s looking to implement best practice policies and procedures, review service contracts and manage defect matters.
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Development Consultancy
We consult to developers wish to set their new building up for success by ensuring excellence from the very start. Meaningful, accurate budget preparation and advice on best practice strata living practices, management documents, insurances and service providers are part of the standard service.
OUR HISTORY
Proudly a family business, McCormacks Strata Management was established over 25 years ago by Michael McCormack. His personal experience as a solicitor and in the strata sector formed the guiding principles and ethics that are still so evident in our approach today.
McCormacks Strata Management has always focused on mid-sized and large strata schemes, one of our first buildings being the 350 apartment complex Quay West in The Rocks, Sydney. Our expertise in managing the administration and finances of mid and large size strata buildings has been developed and refined and we now see our role as one of leadership and sharing the best practice principles adopted by many of our clients.
McCormacks Strata Management has been built on the principles of sound advice with a high level of expertise and building relationships with our clients. Our history shows our relationships are successful and long term with a retention rate at over 95% by earning Our Clients’ Trust as advisers.
While we have streamlined our processes to keep costs down, we understand there is no one size fits all approach to managing a building so work to build a relationship with the Strata Committee that works.
Our fees are quoted inclusive of day to day disbursements such as telephone, BAS preparation levy notices and mailing costs so the scheme can budget effectively and avoid all those extra charges.
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ACCOUNTING & REPORTING
McCormacks Strata Management takes the accounting for your strata scheme seriously and employ qualified accounts to ensure accounting standards are adhered to.
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GOVERNANCE
McCormacks ensure that our buildings live up to the highest levels of governance and transparency leading to accountability to all owners.
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PROFESSIONALISM
McCormacks Strata Management employs only the highest calibre staff who maintain professional standards and ethics.
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LARGE SCHEME & BMC SPECIALISTS
McCormacks has under management many large and prestigious schemes and the systems in place to suit the owners and committees requirements.
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LOW BUILDING PER MANAGER RATIO
According to the Macquarie Bank strata industry benchmark report, the average strata manager manages 60 strata schemes, McCormacks managers average 20.
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CUSTOMER SERVICE
Less buildings means more time to service the Strata Committee and owners. The McCormacks customer service charter is strictly adhered to.
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CUSTOMISED STRATA MANAGEMENT SOLUTIONS
McCormacks don’t subscribe to the one size fits all approach and offer a tailored, personal service to every building.
CONTACT US
We look forward to assisting you with your enquiry.
Suite 501, Level 5, 151 Castlereagh Street SYDNEY 2000
