• Buyers locked out of flawed strata gem

  • Oct 10 2024
  • Length: 31 mins
  • Podcast

Buyers locked out of flawed strata gem

  • Summary

  • There’s a lot of anger and frustration behind this week’s edition of the Flat Chat Wrap.

    The fury on display on a recent episode of A Current Affair on Nine is both clear and understandable.

    Prospective owners in the Sapphire apartments in Gosford on the Central Coast of NSW had been told to be ready to move in, only to discover that work has stopped on the near-complete block and there is no occupancy certificate.

    The developer has long ago gone into receivership and the Receiver says they don’t have the finances to complete the building, which would include a slate of defect rectifications identified by the NSW Building Commission.

    Jimmy and Sue discuss how this mess came about and if anything can be done to remedy it.

    And they also have a chat about whether strata managers are entitled to be angry at Press coverage. It’s never ideal when good professionals are tarred with the same brush as bad operators.

    But is it a case of “don’t shoot the messenger”? That’s all in this week’s Flat Chat Wrap.

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    Flat Chat is all about apartment living, especially in Australia.
    Find us on Facebook and Twitter and the Flat Chat website.
    Send comments and questions to mail@flatchat.com.au.
    Register to ask and answer questions about apartment living anonymously on the website.
    Recorded by Jimmy Thomson & Sue Williams; Transcribed by Otter.ai.
    Find out more about Sue Williams and Jimmy Thomson on their websites.

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