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Capital Works Fund: Why It Matters for Long-Term Value

In strata, it’s easy to focus on today’s costs—but the real strength of a building lies in how it plans for tomorrow.

The Capital Works Fund is your building’s long-term maintenance savings account. It covers the big-ticket items like roof repairs, repainting, lift upgrades, or driveway resurfacing.

Every NSW strata scheme must prepare a 10-year capital works plan, and contributions are collected through levies. This isn’t just about ticking legal boxes—it’s about smart, forward-thinking property management.

Here’s why it matters:

  • It protects your property value
  • It avoids emergency special levies
  • It keeps the building safe, functional, and appealing

Strata that underfund capital works often end up with deteriorating buildings and stressed-out owners. On the flip side, a healthy fund means no surprises—and a strong foundation for the future.

At Strata Revolution, we help clients take a proactive approach, so they’re always ahead of the curve.

By Martin Rolon, Principal – Strata Revolution