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Strata reforms send bills soaring from just $5000 to $60,000

Warren* was staggered to learn last year he had to contribute $80,000 for waterproofing and concrete spalling repairs to his apartment building in Sydney’s eastern suburbs.

It was an enormous shock, particularly because owners had to pay within six weeks for the work that included fixing the degrading concrete.

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    Original URL: https://www.afr.com/property/residential/nsw-strata-reforms-send-bills-soaring-from-just-5000-to-60-000-20240405-p5fhow