Thanks for logging in.

You can now click/tap WATCH to start the live stream.

Thanks for logging in.

You can now click/tap LISTEN to start the live stream.

Thanks for logging in.

You can now click/tap LATEST NEWS to start the live stream.

LISTEN
Watch
on air now

Create a 2GB account today!

You can now log in once to listen live, watch live, join competitions, enjoy exclusive 2GB content and other benefits.


Joining is free and easy.

You will soon need to register to keep streaming 2GB online. Register an account or skip for now to do it later.

Advertisement
Advertisement
Advertisement

‘Daunting’ reality for strata lot owners after Mascot Towers evacuation

Article image for ‘Daunting’ reality for strata lot owners after Mascot Towers evacuation

Strata lot owners could have to pay for building repairs after the Mascot Towers residents were evacuated.

Engineers evacuated the building after they became concerned about cracks in the walls of the 10-year-old apartment complex.

Apartment owners will reportedly have to foot the bill for repairs as the building is too old to come under warranty protection.

NSW State President of the Strata Community Association Chris Duggan tells Ross Greenwood this would be very stressful for the body corporate made up of “mums and dads”.

“The reality is probably daunting.

“This, whilst an unusual situation, just highlight how vulnerable strata lot owners can be.

“A lot of these issues they occur, they occur every day… but they’re dealt with very quietly and very quickly… so they can avoid having long term impacts on their value.”

Click PLAY to hear the full interview

Owners Corporation Network President Gary Petherbridge tells Ross Greenwood the problem is systemic.

“People shouldn’t be buying off the plan anymore, you’re better off to wait 10 years until the property is sorted out.”

Click PLAY to hear the full interview

Deborah Knight
Advertisement