I own a unit in a block of 16 units. Haven’t had too many problems as we have a very good/diligent Strata Committee.
This building was completed in 2000 approx but we have had some water ingress problems. We have found out that the waterproofing wasn’t approved by council as no application was sent to them and therefore didn’t appear on any Strata Committee Minutes.
We have employed engineers and after 3 quotes I have been given an approx cost of $200,000 per unit which is way beyond my budget! The other unit owners are also concerned as they too will have financial problems.
We don’t have any recourse with the builder as he is not around anymore. I don’t know if it is “overkill”. Tiles ripped up, scaffolding erected for all floors because other externals are not compliant.
Engineers have presented at meetings and seem to be ok but I wouldn’t know. The other owners seem to be knowledgeable and have asked questions of the engineers, which have been answered, but $3.2 million for a leaky roof and related issues seems excessive.