Strachan coached Bond when he started rowing at Otago Boys' High School and instilled into him the ethics of hard work and the skills of correct technique.
Erik Murray and Bond have won the world championship coxless pairs title the past three years and are favourites to win the Olympic gold medal.
Strachan will be in London for the Olympics.
"When you look at their record of being unbeaten in the world for three years it's pretty formidable," Strachan said. `The only fear I would have is complacency."
The closest any other international crew has got to the New Zealand pair was the Great Britain combination of Pete Reed and Andrew Triggs who ran them close at the world championships at Lake Karapiro last year.
Murray and Bond and the English pair are regarded as the best heavyweight rowers in the world at the moment.
"There does not appear to be anyone else in the world who has got anywhere near them," Strachan said.
"The Greeks are improving and the Serbians come back now and again. But I don't see anyone with their talent at the moment." Strachan does not think that any other country will come close.
"What does happen at the Olympics is that many countries sight the event where they can pick up a gold medal and put their strength into this event," Strachan said.
"I think the record of the New Zealand pair is so great that it might scare a lot of countries off from having a crack at that event."
He thinks it likely that the English pair will move into the four where Great Britain is a gold medal prospect.
"Their German coach is not interested in individuals," Strachan said. "His last comment was that 'it is Great Britain's boat and not yours'.
"His plan will be to win a gold medal in the four and the eight.
"He will be looking for kingpin events and I predict it will be the four and the eight. He is no mug and he wants gold."
The reason for the phenomenal success of New Zealand rowing on the international scene over the past decade is "the hard work they are putting into training".
"This is possible because of the financial support they are getting from the New Zealand High Performance Academy," Strachan said.
"It is contributing to their overall success."
Strachan believes New Zealand's international standing is due to a small group of rowers: Mahe Drysdale, Emma Twigg and Murray and Bond.
"We are still on shaky grounds with the men's eight and the men's four," Strachan said.
"We don't have quite the depth that might appear to be the case."
He is not confident every crew that won titles at the world championships at Bled this year will win gold medals at the London Olympics.
"Some of the success we had at the world championships at Bled this year were narrow victories," Strachan said.
"The lightweight men's double, the heavyweight double and the women's pair got there by the skin of their teeth.
"The only decisive win was in the men's pair. Complacency would be the greatest danger for them."
