705/15 Young Street, Sydney (Lot17 SP102356)

Strata Report

Inspection Date: 13/07/2022
68 pages
15 Young Street is a 14-storey mixed-use building with 4-levels basement carparking, which was built in 2021 wth rendered cavity brick walls, concrete floors, aluminium framed windows and a flat concrete roof with a waterproof membrane.
SP102353 is a part building strata scheme occupying a stratum parcel in DP1259000, Quay Quarter Lanes. The complex consists of 4 Strata schemes, SP102353, SP102354, SP102355 & SP102356, which are 3 buildings and a carpark.
We enclose a plan of the complex.
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 the BMC records and make no comment as to the affairs of the BMC.