be warned !

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sean sherry

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This is a reverent article in Todays Herald and also online on the defects in many hastily built Hi Rise apartments In America and also here.

By my Daughter Cathy, an expert on all things Strata. ........(..Plus her three adult successful Daughters)
( She is Consulted by Governments here and Overseas)
But I blame her Parents !!
 

c107

and 111/126
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Personally I would not buy an off the plan new build apartment in NSW. The protections to allow stratas to sue the developer were gutted some years ago and many of these buildings are substandard. Not substandard to the point they will fall over, but that they will have expensive rectification required.

I would buy in an established building where I could carefully inspect strata history.
 

Michel

The Prince of Arabia
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Don't need to look at the US for problems.
Didn't we have some serious rectifications to that building in Homebush?
The one people had to vacate before Christmas a few years back?
What about the apartments in Mascot that are sinking?

As Patrick said, if you must buy an apartment, do that after it's built.
 
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sean sherry

Connoisseur
Messages
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Closer to Home we got caught with two issues some 30/40 years ago
One, a U shaped block of Flats in Parramatta where one end of the U collapsed.... the builder had removed the steel rods used in the foundations after the Inspector had left to be used in another Job !!!
The Builder was bankrupt.. so no recourse.
My workshop building in Brisbane 1970... ten years later the corner wall cracked...
Propped up and dug out ...there was no steel in the foundations for about the last 5 mitres. Luckily my Business had a strong Cash flow to cover the costs.
All to save a few Dollars ???? Buying after it is built is no guarantee
Our Sandstone House, 125 years old, is a sound as it was when built.....
do it right in the first place..........
 
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sean sherry

Connoisseur
Messages
1,773
Points
69
Location
sydney
Don't need to look at the US for problems.
Didn't we have some serious rectifications to that building in Homebush?
The one people had to vacate before Christmas a few years back?
What about the apartments in Mascot that are sinking?

As Patrick said, if you must buy an apartment, do that after it's built.
More Hi Rise blocks defective in Parramatta. Structure Wall problems are plain to see by expert accessors .. but the foundations .. be it the footings or the stability of the Ground ..a serious problem. Like the three little Pigs .
.the one House built of Straw Blow down by the big bad Wolf.
 
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