Yahoo Finance Another Sydney building forcefully abandoned in ever-growing list
Sydney can now add a block of high-end apartments in the inner west to its list of uninhabitable buildings.
Residents of the Erskinville block have been locked out of their apartments - this time though, before they’ve even moved in, the Sydney Morning Herald reports.
Also read: Cladding issues a 'state responsibility'
Also read: Buyer interest plummets as Sydney’s failing high-rises trigger headlines
Why?
The 127 apartments and terraces were built on an old industrial estate, which was contaminated with heavy metals, hydrocarbons and asbestos.
According to the SMH, Sydney Council documents show construction approval for the apartments and terraces was contingent on the builders cleaning up the land and groundwater.
But, the builders did not comply with conditions.
This follows the Mascot Towers evacuation in June this year, and the Opal Towers evacuation last year.
It also follows fire cladding issues in at least 600 Sydney buildings, which the New South Wales government has failed to commit to funding the replacement of.
Its believed there are no known cladding defects in the Erskineville complex, but the owners of the units, some who purchased off-the-plan as far back as early 2015, have been left in limbo.
Make your money work with Yahoo Finance’s daily newsletter. Sign up here and stay on top of the latest money, news and tech news.
