MBCM Strata Specialists Frankston
CASE STUDY
65 LOT PROPERTY, WATERFRONT APARTMENTS, FRANKSTON
PREPARED DATE: May 2022
Owners Corporation Manager: Alex Wolf
PROJECT BACKGROUND
The Project Brief
65 lot property waterfront apartments were due to be re-painted
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Roadblocks
Originally had quotes for 2 to 3 coats of paint, making the project quite expensive
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Going Further
MBCM contacted Dulux to investigate and provided a new quote, guarenteeing only a single coat of paint was needed
This considerably reduced the total cost of the project
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The Rewards
Clean, fresh, updated and under budget
Total cost savings of up to 40%
Project Background
MBCM Strata Specialists Frankston were appointed manager of the owners corporation (OC). A number of challenges were dealt with at this time, such as contracting painters to paint the exterior of the building with a fresh coat and liven up the overall asthetic.
The total cost of this painting project could have potentially cost around $450 - $500K were it not for MBCM Frankston. In the end, the final cost was $300k. Approximate cost saving to Owners Corporation was $150K.