15/05/2025
NSW Fair Trading has cancelled the licences of Result Strata Management Pty Ltd and its General Manager Michael Lee and permanently disqualified both from operating in the strata sector in NSW. After extensive investigation, we determined that Result Strata:
❌ consistently failed to appropriately disclose conflicts of interest
❌ consistently breached the rules of conduct that applied to it under the Property and Stock Agents Act 2002
❌ charged fees for services not rendered
❌ failed to ensure properties under management complied with critical fire and safety obligations
❌ failed to provide information to lot owners when required
❌ acted contrary to instructions given at general meetings
❌ failed to ensure a property under management had adequate insurance coverage, when this responsibility had been delegated to the strata manager.
Mr Lee was found to have permitted the company to act in the ways above. In addition, Mr. Lee was found to have obstructed NSW Fair Trading officers in the ex*****on of a search warrant.
Please note that Result Property Group is in no way connected to Result Strata Management.
Details about Result Strata Management Pty Ltd are found on Verify NSW: https://verify.licence.nsw.gov.au/details/Property%20-%20Corporation/1-3J6HU0E
Find out more: https://www.nsw.gov.au/departments-and-agencies/fair-trading/news/licences-cancelled-to-protect-strata-consumers
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