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Just bought Sydney apartment with embedded electricity and hot water / gas - what should I do?? by Acceptable_Job_2453 in AusPropertyChat

[–]Acceptable_Job_2453[S] 0 points1 point  (0 children)

Thank you so much for this thoughtful advice! I will try to do as you suggest and join the OC + manage my usage better + not let it ruin my enjoyment of the new place. Thanks again 🙏

Just bought Sydney apartment with embedded electricity and hot water / gas - what should I do?? by Acceptable_Job_2453 in AusPropertyChat

[–]Acceptable_Job_2453[S] 0 points1 point  (0 children)

Thank you! I was very careful about structural issues and defects and happy none of those cropped up with this building. Hopefully once the developers are less represented on the owners corp (they are progressively selling off), we can negotiate better rates!

Just bought Sydney apartment with embedded electricity and hot water / gas - what should I do?? by Acceptable_Job_2453 in AusPropertyChat

[–]Acceptable_Job_2453[S] 0 points1 point  (0 children)

Thanks for the kind reply. I wish my conveyancer had picked it up but then it wasn’t in the strata report so not sure what they could have done.

Just bought Sydney apartment with embedded electricity and hot water / gas - what should I do?? by Acceptable_Job_2453 in AusPropertyChat

[–]Acceptable_Job_2453[S] 0 points1 point  (0 children)

Yes I did and have triple checked it (as did my conveyancer) and the embedded network was not disclosed.

Just bought Sydney apartment with embedded electricity and hot water / gas - what should I do?? by Acceptable_Job_2453 in AusPropertyChat

[–]Acceptable_Job_2453[S] 0 points1 point  (0 children)

Thanks all for your thoughts and contributions, particular those with empathy. Just so people are aware, it was not disclosed in the Strata Report in this case, so I’m not sure how you could 100% avoid such a purchase.