Piermont Residential is a strata titled development. This means you own your individual property while also sharing ownership and responsibility for designated common areas and infrastructure across the development.
A body corporate provides the framework for managing these shared responsibilities, including the maintenance of common property and agreed standards that help protect the presentation, amenity and character of Piermont Residential.
As a property owner, you automatically become a member of the body corporate and contribute to its shared costs through fees.
