Establishing a New Sectional Title Scheme

CASE STUDIES

At Risi-Pro, our case studies showcase real-world examples of how we've successfully supported clients through various property challenges, and opportunities.

These detailed insights highlight the practical solutions we provide, the investment models commonly used, and the value we deliver through our hands-on, client-focused approach. Whether you're a trustee, investor, or property owner, our case studies are designed to help you understand what’s possible, and how we can help you get there.

GOOD MANAGEMENT FROM THE OUTSET CREATED A STRONGER FINANCIAL FOUNDATION AND A BETTER RESULT FOR OWNERS.

A newly established sectional title development required the financial and administrative foundations needed for the body corporate to begin operating effectively.

Risi-Pro became involved at the outset, taking ownership of the management setup and working through the scheme’s anticipated operating costs, financial requirements and administrative processes.

The focus was on establishing a realistic budget, appropriate levy structure and clear systems before avoidable financial or compliance gaps could develop.

THE OUTCOME

The scheme began operating with an organised financial structure, clear administrative processes and professional managing-agent support.

Careful budgeting and efficient allocation of the scheme’s anticipated expenses resulted in the required monthly levies being lower than the developer had originally expected.

The lower levy requirement was welcomed by the section owners, while still providing the body corporate with a practical financial foundation for its ongoing operations.

The first trustees were therefore able to begin their term with clearer records, a workable budget and professional support already in place.

FUN FACT

The first financial surprise for the owners was a good one.

After Risi-Pro worked through the scheme’s anticipated costs and prepared the operating budget, the monthly levies came in lower than the developer had expected.

The section owners welcomed the news, while the scheme still retained a properly structured and realistic budget.