Mascot Towers investors 'face bankruptcy' under new offer
Investors who own apartments in Mascot Towers are pleading for more support from the NSW government, which is offering more help to owner occupiers.
Source: afr.com
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How the rising cases of building defects are putting first home buyers at risk
While buying a new apartment promises freedom from the volatile rental market, hopeful home buyers must be wary of not falling into the grievously damaging trap of investing in properties that are too new or off the plan, warns May.
Source: architectureanddesign.com.au
First home buyers the biggest victims in building defects boom
The ongoing probe into serious defects in four blocks of new apartments in the Lachlan Line’s complex at Macquarie Park adds to the litany of faulty new builds blighting the real estate market in NSW and nationwide.
Source: architectureanddesign.com.au
How to avoid buying an apartment in a problem building
Owners of units in defect-ridden Mascot Towers have a chance to put their financial nightmare behind them – but it comes at a price.
Source: afr.com
Unit owners in Sydney's Mascot Towers offered chance to wipe debts years after defects found | Sydney
Deal suggested by NSW building commissioner comes after residents were forced to evacuate in 2019
Source: theguardian.com