JimmyT is absolutely right and there are great additional points here.
No matter how savvy you are or how well you think you know the building, NOBODY should buy an apartment without a proper check by a professional of the strata records which covers the good points, the bad points and just as importantly, what might be missing from the records that should be there. I have learnt lately that some of the biggest names in strata management have the worst kept records, unfortunately.
Buying into a strata really is a case of ‘let the buyer beware’ in this day and age. Someone I know bought a unit without realizing it was actually still owned by the owner who had sold it to the current vendor because the mortgage had not been discharged. This can actually happen and happened because of crookerdness and solicitors inexperienced in conveyancing. A nightmare for all concerned.
A real estate guru says he is astounded at the number of people who buy places for huge amounts without getting proper checks done. Even more important with apartments.