| Insurance | $80,000 | |
| Valuation (for Insurance Purposes) | $4500 | |
| Lift Maintenance | $40,000 | |
| Lift Phones & Alarm Monitoring | $2,500 | |
| Fire System Testing & Monitoring Fees | $5,000 | |
| Building Act Compliance | $5,250 | |
| Security System Maintenance | $5,000 | |
| Repairs & Maintenance | $45,000 | |
| Electricity (Lifts & Common Area) | $60,000 | |
| Rent Building Manager Apartment | $35,000 | |
| Building Manager Contract | $75,000 | |
| Cleaning Contract (Common Areas) | $52,000 | |
| Cleaning Exterior of Building | $30,000 | |
| Water & Waste Charges (All Units) | $53,800 | |
| Administration of Body Corporate | $42,660 | |
| Sinking Fund | $31,600 | |
| Contingency | $30,000 | |
| Office Rental | $25,000 | |
| Gymnasium Rental | $10,000 | |
| Internet Lounge | $25,000 | |
| Movie Theatre | $10,000 | |
| GST Compliance Cost | $200 | |
| Preparation of Annual Income Tax Return | $125 | |
| TOTAL | $667,635 plus GST |
| 01 | Preliminary Budget is for 12 months |
| 02 | Budget is Exclusive of GST at 12.5% |
| 03 | Disclaimer: This budget has been prepared in advance and is estimate of costs. The actual expenses may vary from these estimates. |