Portfolio Profile
Lot Types
Residential 435 (98%)
Utility 10 (2%)
Scheme Size Distribution
Distribution of schemes by total lot count. Average scheme size: 10.9 lots. The portfolio is dominated by small schemes (10 lots or fewer), typical of townhouse and villa complexes.
Portfolio Age
Schemes by registration decade. Oldest scheme registered 1963, newest 2016.
Suburb Coverage
| Suburb | Schemes | Lots | % of Portfolio | Market Share | |
|---|---|---|---|---|---|
| Maroubra 2035 | 12 | 132 | 29% | 1.8% | |
| Coogee 2034 | 7 | 70 | 17% | 1.0% | |
| Eastlakes 2018 | 4 | 37 | 10% | 3.5% | |
| Hillsdale 2036 | 3 | 20 | 7% | 1.5% | |
| Bellevue Hill 2023 | 3 | 11 | 7% | 0.7% | |
| Kingsford 2032 | 2 | 29 | 5% | 0.9% | |
| Waverley 2024 | 2 | 20 | 5% | 2.5% | |
| Little Bay 2036 | 1 | 55 | 2% | 1.8% | |
| Darling Point 2027 | 1 | 20 | 2% | 0.4% | |
| Kensington 2033 | 1 | 14 | 2% | 0.5% |
Tribunal & Court History
1
Total Cases
1
Supreme Court
1 case on record. None resulted in adverse findings.
The Owners Corporation sought leave to amend their statement against Brookfield regarding building defects. The tribunal did not grant the Owners Corporation leave to amend their statement as the application lacked specificity, so the respondent won.
BUILDING AND CONSTRUCTION – Design and Building Practitioners Act 2020 (NSW) – statutory duty under s 37 – application to amend Technology and Construction List Statement
Before
Stevenson J
Hearing
17 November 2023
File Numbers
2022/158814
Matched Strata Plans
SP89412
Parties
Owners Corporation v Developer
Representation
Counsel: A Di Francesco (Plaintiff/Applicant) M G Lyons (First Defendant/Respondent) Solicitors: Bannermans Lawyers (Plaintiff/Applicant) Baker McKenzie (First Defendant/Respondent)
Orders
Leave to amend Technology and Construction List Statement as against first defendant refused
Google Reviews
16 Jun 2019
“Very knowledgeable and reliable people are working there. I wish we all had strata managers like that! On another note, just reading some of the reviews and I can see that 2 last reviews are from the same person. Seems like fake reviews. We had tenants in the other property. Drinking and...”
12 Jun 2019
“You would be well placed to ignore these 'fake' reviews. Sadly this strata manager has a reputation equally as poor with residents as he does tradespeople. Our company will not work for them again. Professional are people who conduct themselves in such a fashion and not someone who decides to charge.”
16 Apr 2021
“Being a tenant, and now, finally, an owner, I have never ever experienced such a good response to my problems from any Strata Manager but MG Strata. Mark is very knowledgeable manager . He helped us big time . Thank you”
06 Nov 2021
“It’s a tough game but working with Mark Gitman and his team is even tougher. Our building has dropped in condition through their management and their receiving of commissions rather than being focussed on us, the customer. We’ve since changed Strata Managers.”
12 Jun 2019
“No thanks. Our investment property should run itself and sadly with this manager it isn't. We later learned they don't have a great reputation around Sydney's east in shopping around for an alternative. We are much happier and experience less hassles with our new manager.
I agree, the previous...”