Sinking Fund Analysis
Sinking funds and maintenance reserve funds are a legislative requirement in Victoria, New South Wales, Queensland, Northern Territories and Tasmania. This legislation targets strata owned properties and retirement villages.
Although the Acts and Regulations may differ the fundamental requirement exists to safeguard the investment of owners and occupiers by requiring proper consideration to be made of capital expenditure requirements over a 10 year cycle.
Apex provides expert engineering advice and quantity surveying cost knowledge to accurately estimate the true condition of your asset, estimated remaining life and forecast future expenditure.
We recommend that all owners establish similar funds regardless of the legislative requirements within your State to reduce financial risk, reduce insured risk and maintain investment equity between comparable properties.