13067/7 Bennelong Parkway, Wentworth Point (Lot59 SP98608)

Strata Report

Inspection Date: 4/03/2022
96 pages
7 Bennelong Parkway is a 9-storey residential building with 3-levels of basement carparking, which was built in 2019 with rendered brick walls, concrete floors, aluminium framed windows and a flat concrete roof with a waterproof membrane.
SP98608 (Building D) is a part building strata scheme occupying a stratum parcel in DP271179, One The Waterfront. The complex consists of 6 other Strata schemes SP98432, SP98433, SP98434, SP98609, SP99752 & SP99753.
Management of shared facilities for the complex is undertaken by a Building Management Committee (BMC) which includes representatives of the owners of each of the stratum parcels.
The BMC is not a separate legal entity but it does maintain its own accounts, minutes and records.
We have not had access to those records and make no comment as to the affairs of the BMC.
SP98434 is also part of a Community Association.
The Community Association (CA) is a separate legal entity. It keeps its own accounts, budget, minutes and correspondence. It is financed by levies collected from the Owners Corporations (and any separate individual lots) in proportion to their Association Units of Entitlement.
We have not had access to CA records and make no comment as to the affairs of the Association.