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Purchased 4 since 2007 and one in 2001. No P&B done in any. But this is my comfort level, if you don't mind paying and feel more at ease carry on. Just be mindful because your unit/townhouse is okay doesn't mean you escape the costs of repairs or building works to another persons unit.

Can't say I've ever done a P&B on a strata property. Would only do it if something came up in the strata report.