Picture for illustration purposes only and does not represent the complex within this case study.
Strata Services: Builder Liability and 10 Year Plans
DEVELOPMENT LOCATION:
Claremont
DEVELOPMENT:
2 residential towers
STATUS:
Completed late 2018
SERVICES PROVIDED:
Gold 10 year Plan Package, Builder Liability Report
RESULT:
$60K of defects rectified by Builder
Background
In 2020 we completed a Condition Report and 10 Year Maintenance Plan for a large 2 year old scheme in Claremont. When reviewing the reports we noticed the forecast was very high at the front end for such a new build. Further interrogation and research was required.
Service
Through the condition inspection we assessed both towers for items requiring maintenance, repair, renewal, or replacement (other than of a routine nature). These items were imported into the 10 year plan for the Council of Owners review.
On presentation, our inspectors pointed out the anomaly in the front end forecasting. A new build of this age would still be covered under the builders defect liability period.
A separate document was then required outlining defects requiring attention from the builder. We noted over $60K of works which could be omitted from the forecasting document, making it far more attractive to the COO.
Result
The builder was provided with the document and attended to all items in a very timely manner.
