Benefits of long-term maintenance
Take advantage of the many financial and operational benefits that long-term property maintenance can provide. Incorporating a solid property maintenance programme into your strata management plans will ensure your strata does not miss out.
Planning for long-term maintenance provides a clear vision of what works are required now and in the future. With a transparent view of future costs and priorities, this provides the opportunity for better decision making around maintenance.
Avoid unforeseen costs
Scheduled maintenance helps to better plan and budget for repairs. This can help avoid unnecessary cost blowouts that arise from unforeseen breakdowns. The cost of repairs is lower when included in a planned, scheduled maintenance programme, rather than as an ad-hoc emergency repair.
Regular maintenance helps extend the lifespan of your strata and its assets, reducing the need for capital replacement. The smooth operation of your property means a reduction in overall expenses.
Regular and professional maintenance will give you confidence that your business and property are positively viewed in the eyes of the public. This can help to improve brand image, reputation, and overall property value.
Many strata are now realising that they cannot afford to exclude long-term maintenance from their property management plans. Long-term maintenance helps to not only reduce costs in the long run but also increases the overall value of your property. However, a high standard of maintenance requires significant expertise therefore it is common for strata management to outsource their maintenance. This allows management to focus on core business activities while leaving long-term maintenance to highly skilled and qualified professionals.
In our next instalment, we’ll share how you can select a reliable and credible partner for your long-term maintenance needs.