Maintenance fees are calculated based on the share values. For example, if the per share cost in a strata title development is $50 and you own five shares, your monthly maintenance fee is $250.
Here are the share value allocations
Groupings Share Value
1 - 50 sq m 5
51 - 100 sq m 6
101 - 150 sq m 7
151 - 200 sq m 8
After subsequent 50 sq m share value is 1.
The Clift (497 sq ft) is equal to 45.99 sq m which has a share value of 5.
For The Clift, the maintenance fee averages from around $250 onwards.
Hope this answers your question.
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I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead.
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I will be glad to assist
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It is estimated around $260/ mth based on some 495 sqft listings i browsed.
Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?
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I would be glad to assist you.
Feel free to contact me @ 97100155.
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