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Anywhere where you can see cracks developing in concrete which expose the reo inside. Generally it is a rusty colour. What is happening is that the steel reo is rusting and when steel rusts it expands and thus cracks and eventually destroys the concrete. Cheers

If its the roof then it wouldn't put me off as its a one in 40 year expense. Hows the rest of the building look? Might be worthwhile sniffing around and see if there are any other long term fixes that haven't financially been planned for. It might not be this $5k special levy that motivating...

That's substantial work at $5k per unit particularly when there are 1 br units. What exactly is the work to be done? Cheers