[200William-EC SP67851] Cages.
Barney Kitay
barnet at kitays.com
Mon Feb 17 16:08:45 EST 2014
Thanks Matt,
I believe we should be making some money on this. I think your rates
proposed are reasonable and I don't agree people living in the bldg. are
short of funds.
Kind regards
Barney
M +61 (0)400 200 446
E barnet at kitays.com
From: ec-bounces at 200william.com [mailto:ec-bounces at 200william.com] On Behalf
Of Dave Petschack
Sent: Monday, 17 February 2014 1:32 PM
To: ec at 200william.com ec at 200william.com
Subject: Re: [200William-EC SP67851] Cages.
Firstly Matt, thanks for you input and hard work to get this underway.
My vote is to raise funds, the real estate is worth it is worth and the
whole building should benefit - not those few who are using the space.
Regards Dave
<ROB19732_DaveEmailSig.jpg>
On 17/02/2014, at 12:49 PM, Matt Perkins wrote:
It depends if we want to work to a cost recovery basis or not. Originally
this plan was hatched because the strata scheme has no money. It's running
at a loss and levies will increase this year. The plan was to decrease
levies by raising revenue elsewhere. Im happy to do the job even if it's as
a public service to people within the building but down at $520 per year we
are looking at a simple cost recovery basis. Around $40 ~ $50 per month
per sq/mt we are looking at a net profit of around $6~7k in the first year
and +$8k in the years after that.
So perhaps the best way to proceed is this. A quick show of hands. Is this a
cost-recovery biased project or do we intend to stop the levies going up
this year.
Im in the lets make a bit of money corner. (not outrageous cause they wont
sell but enough to feed some money back into the strata)
Once we have reset the base I can perhaps suggest pricing that is
appropriate for the use.
Matt.
On 17/02/14 12:29 PM, Rowan Holloway wrote:
Thanks Matt
I'd also have to agree with Craig as there is minimal room in a one bedroom
apartment so it'll provide an attractive option for these owner or tenants.
I'd say it's adding to the attractiveness of the building to have them
available for hire at a good rate. It's hard for me to comment as I do want
to hire one as well.
The condition would be that you have to live in the building to get the
rate, just in case people think they can keep it when they move out.
Up to $520 per year would seem fair for a cage (10 per week), although they
are different sizes I don't believe people will really have the flexibility
to choose a different size once they're all hired out. It would just be
which one is next available.
From: ec-bounces at 200william.com [mailto:ec-bounces at 200william.com] On Behalf
Of CSCL
Sent: Monday, 17 February 2014 12:06 PM
To: 'Matt Perkins'; 'Andrew James'
Cc: ec at 200william.com
Subject: Re: [200William-EC SP67851] Cages.
My thought.....unlike the general public who require storage cages at one of
the multi storage facilities, we have a limited number of people we can
attract to lease the storage cages in Marquis...the tenants and the few
owners who live here. Many of the tenants live in studios and one bedders
and don't have a lot of extra funds I believe. Perhaps it's more prudent to
offer a true incentive of $30-35 per month?
Regards,
Craig L
From: ec-bounces at 200william.com [mailto:ec-bounces at 200william.com] On Behalf
Of Matt Perkins
Sent: Monday, 17 February 2014 11:10 AM
To: Andrew James
Cc: ec at 200william.com ec at 200william.com
Subject: Re: [200William-EC SP67851] Cages.
Hi Andrew
Thanks for feed back. My suggested rate is a bit of a guess. So thats why I
wanted to see what everyone thinks.
Around 1500 per annum does not sound like a lot to me but perhaps others
disagree
Matt
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On 17 Feb 2014, at 8:26, Andrew James <Andrew.James at lh.org.au> wrote:
Hi Matt,
Thanks for all your hard work with this.
My only comment is regarding the rates you have calculated. I have a 4 x 3m
storage unit in Alexandria and I pay $220 a month. Rates are almost double
that for say, Storage King at Woolloomooloo. I am not quibbling over your
suggested rates as I think they are more than fair.
Cheers
Andrew.
Andrew James
Project Director of Pharmacy
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-----Original Message-----
From: ec-bounces at 200william.com [mailto:ec-bounces at 200william.com] On Behalf
Of Matt Perkins
Sent: Sunday, 16 February 2014 5:19 PM
To: ec at 200william.com
Subject: [200William-EC SP67851] Cages.
Hi All,
George is in the final stages of securing and cleaning cages and Maxine
will have bylaw's ready for the next AGM. It's time to turn out attention to
pricing.
Cages are between 1.5 ~ 3 sq meters. I will prepare a comprehensive drawing
to be attached with the bylaws of the dimensions of cages and it's my
intention to set pricing based on a square meter rate. The bigger the cage
the more the cost. The per meter price should be flexible for the sitting EC
at the time to set at the beginning of each year and then the pricing will
adjust based on this price for all cages.
When it comes to pricing the on going rate of storage space in Sydney in a
random sample of 8 storage locations from Sydney to Alexandria to Lichart is
around $100 Per Sq meter per month.
I would suggest that as this is not really secure storage that we should
provide some discount's due to the fact that's its common property and we
all own the cages I think a more fair rate would be around $50 Per seq meter
Per month.
Here's the working list of rules Im going with at the moment.
Initial rate $50 Per seq meter per month.
Cages will be available on a monthly basis using a license agreement.
Fees are paid one month in advance.
Fees are collected by the strata manager or the EC treasurer.
Licensees 1 month in arrears will be denied access to the cage and goods
removed.
A waiting list will be established and maintained by the EC secretary.
Preference will be given to owners over renters.
Cages will only be available to building residents no external building
access keys will be issued to non residents.
Interested in constructed suggestions.
Matt.
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SIP 1300137379 at sip.spectrum.com.au
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