‘Daunting’ reality for strata lot owners after Mascot Towers evacuation | Owners Corporation Network

‘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. 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.”  
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