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  1. M

    Ashfield inner-west Meriton complex?

    No probs mate. Will.
  2. M

    Ashfield inner-west Meriton complex?

    Yep, still here. I never bought it but it's now under contract after 4 weeks on the market. Another one coming up for auction in Ashfield I will go see this weekend. Went to a Strathfield auction last weekend but didn't win. It went well above my prediction. 326K is a lot for 60 units...
  3. M

    Ashfield inner-west Meriton complex?

    I did the second inspection and I have decided to give it a miss. Spotted crack and broken cornice from building movement and the kitchen doors are a bit busted. Too much work to fix it all up inc replacing carpet, paint and skirting, etc. Got my eye on a place in Hurstville now. 750m walk to...
  4. M

    Ashfield inner-west Meriton complex?

    I'm from down south of Syd, so it will prob taking some getiing use to.
  5. M

    Ashfield inner-west Meriton complex?

    I'm going to do a second inspection this Saturday with a friend to get a second opinion. Will see how it goes. It does require new carpets, paint and floor skirting. Not an issue if the price was a tad lower. Anyway, I'm not 100% commented yet as I think it is a bit over priced for what it...
  6. M

    Ashfield inner-west Meriton complex?

    The building was build 2002; no issues or major defects from the strata minutes at all over the past 5 years. All the sinking is going to general stuff like painting this, security guard, etc.
  7. M

    Ashfield inner-west Meriton complex?

    Thanks Depreciator, Why do the owners corp not see a problem like we are seeing? The agent said that a majority of the owners corp are Chinese and they don't like to raise the levies to keep money in the bucket. I mean the levies are already 1300 for the 107 sqm lot I'm looking at. If they go...
  8. M

    Ashfield inner-west Meriton complex?

    So I got a respons from the caretaker who is also the agent for the sale; Strata Levy is collected constantly and equally every quarter. But spendings fluctuate. So sometimes the balance during the year may go up and down. Good thing about a big complex of 17# lots is that any one time...
  9. M

    Ashfield inner-west Meriton complex?

    Got the strata report and there has been no issues over the past 5 years in terms of building defects. The guy said he did a report on this building some years ago and there was no issues then as well. He did say there were minor water issues in the first couple of years after it was built but...
  10. M

    Ashfield inner-west Meriton complex?

    Thanks all. I wonder if there is a way to tell which Meriton complexes were affected by poor build standards, etc. The one at Ashfield does look ok. They seem to have put the quality finishes in the bathroom and kitchen. For example, the vanity in the bathrooms are of decent size and not like...
  11. M

    Ashfield inner-west Meriton complex?

    Hi ZachAnSe, There is approx 177 lots in the complex ranging from 70sqm for 1 bed to 140 sqm for 3 beds. The one I am looking at is about 109 sqm which includes a big 17 sqm car park lot. I would like to move in as PPOR for at least the first couple of years but it has a lease that...
  12. M

    Ashfield inner-west Meriton complex?

    Thanks, Belvoir, for the reply. It's not an OTP; it's about 8 - 10 years old now and quality looks ok, so no need to worry about finance and settlement issues. It's not managed by Meriton at the moment. Maybe it was built before Meriton got the bad wrap or before they started building poor...
  13. M

    Ashfield inner-west Meriton complex?

    Hi all, I have been reading a lot of the threads on Somersoft for over a year now and decided to join up. Hello to you all. For all the inner west fans, I have my eye on a 2 bed in Ashfield in the Meriton complex on Brown St near the station. I went to an inspection on Sat and only 3...
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