Unit 21, 21 Ormond Street, Ashfield NSW 2131 — SP 391 (Lot 21)
Date of report · 13 April 2026
SP 391 comprises 24 residential lots plus 11 garage lots (Lots 25–35), totalling 35 lots on the strata plan. Aggregate unit entitlement: 124,150. Unit entitlements range from 3,650 (Lots 6 and 7, smallest) to 6,150 (Lots 1 and 4, largest).
Lot 21 unit entitlement: 5,000 — verified from the owner ledger header (Conti Strata, 10 April 2026), the 2025 AGM special levy schedule, the strata roll, and quarterly levy calculations. The correct entitlement percentage is 4.03% (5,000/124,150). Associated lot: Lot 30 (garage).
Owner Ledger (10/04/2026); Strata Roll (10/04/2026); 391 - AGM Minutes (2025) — Special Levy Schedule; 391 - Strata Plan.pdf (Sheet 1).
| Owner | Matthew Thomas Dawe |
|---|---|
| Date of purchase | 28 September 2016 |
| Address for service | C/- Raine & Horne Ashfield, 232 Liverpool Road, Ashfield NSW 2131 |
| Mortgage | None registered on strata roll |
| Current tenant | Yu Ning Teng & Yu Xin Teng & Fan Seng Ye |
| Lease term | 12 months (entered 26 June 2025) |
| Managing agent | Raine & Horne Ashfield, 232 Liverpool Road, Ashfield NSW 2131 |
The property is investor-owned and tenanted. The owner's address for service is via the managing agent, not the property itself.
Strata Roll (10/04/2026).
| Residential storeys | 3 |
|---|---|
| Total storeys | 4 (including ground-level carpark) |
| BCA classification | Class 2 and 7a |
| Year of construction | 1963 |
| Construction type | Brick, fibre cement eaves, tiled and metal roofing, timber-framed windows, heritage facade features |
| Description | Residential flat building comprising 24 apartments over 3 levels with lower level garages and a separate single-level garage building. |
391 - AFSS Signed.pdf; Cladding Inspection Report (Project Guides, January 2019); Insurance Valuation (Blueprint Property, August 2025).
No basement carpark levels. The cladding inspection confirms "Number of storeys below the ground: 0." Car parking is at grade level with 13 car spaces. A separate single-level garage building exists on site (Lots 25–35).
Cladding Inspection Report (Project Guides, January 2019); Insurance Valuation (August 2025).
Balance: −$15,939.95 as at 10 April 2026 (balance sheet, Conti Strata).
| Item | Amount |
|---|---|
| Owners Equity (carried forward from prior year) | $11,998.55 |
| Operating deficit (1 July 2025 to 10 April 2026) | −$27,938.50 |
| Closing balance | −$15,939.95 |
| Item | Amount |
|---|---|
| Cash at Bank (Admin) | −$17,559.78 |
| Receivable Levies (Admin) | $2,063.53 |
| Less Prepaid Levies (Admin) | $443.70 |
| Revenue item | Amount |
|---|---|
| Levies Due | $37,989.90 |
| Recovery Additional Services | $750.00 |
| Strata Inspection Fees | $180.00 |
| Status Certificate Fees | $119.90 |
| Interest on Arrears | $61.79 |
| Total revenue | $39,101.59 |
| Expense item | Amount |
|---|---|
| Insurance Premiums | $33,377.82 |
| Agent Additional Services | $8,409.15 |
| Agent Management Fees | $5,199.24 |
| Water | $4,205.39 |
| Garden Maintenance | $3,910.69 |
| Cleaning | $3,140.50 |
| Agent Disbursements | $1,648.50 |
| General Repairs | $1,621.00 |
| Fire Protection | $1,437.05 |
| Agent Reporting & Archives | $1,268.06 |
| Legal & By-law Fees | $750.00 |
| Audit Services | $594.00 |
| Trade/Govt Compliance | $383.48 |
| Electricity | $300.31 |
| Insurance Valuation | $275.00 |
| Accounting/Tax | $187.00 |
| Strata Inspection Fees Paid | $180.00 |
| Status Certificate Fees Paid | $119.90 |
| Debt Collection Fees | $33.00 |
| Total expenses | $67,040.09 |
Balance Sheet as at 10/04/2026 (Conti Strata); Income & Expenditure Statement 01/07/2025–10/04/2026; 391 - AGM Agenda 2025 (Statement of Key Financial Information, p. 1).
Balance: $252,720.80 as at 10 April 2026 (balance sheet, Conti Strata).
| Item | Amount |
|---|---|
| Owners Equity (carried forward from prior year) | $203,388.39 |
| Operating surplus (1 July 2025 to 10 April 2026) | +$49,332.41 |
| Closing balance | $252,720.80 |
| Item | Amount |
|---|---|
| Cash at Bank (Capital Works) | $203,110.20 |
| Investments (term deposit) | $50,459.21 |
| Receivable Levies (Capital Works) | $2,101.55 |
| Receivable Levies Special (Capital Works) | $557.20 |
| Less Prepaid Levies (Capital Works) | $451.90 |
| Less Prepaid Levies Special (Capital Works) | $3,055.46 |
| Revenue item | Amount |
|---|---|
| Special Levies | $58,336.95 |
| Standard Levies | $38,689.65 |
| Investment Interest | $2,356.62 |
| Arrears Interest | $98.30 |
| Total revenue | $99,481.52 |
| Expense item | Amount |
|---|---|
| General Replacement | $30,704.31 |
| Doors, Windows & Gates | $12,661.00 |
| Gardens | $2,700.50 |
| Income Tax | $1,305.80 |
| Plumbing & Drainage | $1,287.00 |
| Consultants | $1,100.00 |
| Fire Protection | $390.50 |
| Total expenses | $50,149.11 |
Balance Sheet as at 10/04/2026; CWF Income & Expenditure Statement 01/07/2025–10/04/2026; 391 - AGM Agenda 2025 (pp. 2–3); term deposit confirmation (TDR0099_22.pdf).
Yes. One current special levy of $100,000.00 for Window & Door Repairs & External Painting. Approved at the 2025 AGM (5 August 2025) under s81(4) SSMA 2015. Due and payable to the Capital Works Fund in 12 monthly instalments, as per unit entitlement.
| Detail | Figure |
|---|---|
| Total amount (all lots) | $100,000.00 |
| Rate per UE per month | $0.07 ($100,000 ÷ 124,150 ÷ 12) |
| Monthly total (all lots) | $8,333.33 |
| First instalment | 30 September 2025 |
| Last instalment | 31 August 2026 |
| Lot 21 monthly instalment | $335.65 (owner ledger) / $335.62 (AGM schedule) |
| Lot 21 total | $4,027.80 ($335.65 × 12) |
| Purpose | Window & door repairs and external painting |
The $100,000 special levy funds part of the overall painting/door project. The Altec Building contract value is $158,345 (Quote #6130v9, signed 6 February 2026). The balance is drawn from existing CWF reserves and the investment account. The AGM minutes note: "the intention [is] of using funds from the investment account to finance the project."
Lot 21 payment status (as at 10 April 2026): 9 of 12 instalments paid (including partial payment of instalment 17 at $7.46 of $335.65). Current — no arrears. 3 full instalments remain (June–August 2026). No future special levies sighted.
391 - AGM Minutes (2025) — Motion 14d, Special Levy Schedule; Owner Ledger (Lot 21); SCM Minutes September 2025 – March 2026.
Total arrears for the whole strata plan: $4,722.28 as at 10 April 2026.
Lot 21: No arrears. The owner ledger shows "Levy arrears & owner invoices due $0.00" and "Interest on levy arrears $0.00."
| Receivable type | Amount |
|---|---|
| Receivable Levies (Admin) | $2,063.53 |
| Receivable Levies (Capital Works) | $2,101.55 |
| Receivable Levies Special (Capital Works) | $557.20 |
| Total receivable | $4,722.28 |
Note: the increase in receivables from the March figure ($3,013.81) reflects the April quarterly levy cycle having just been raised. Timing effect, not a deterioration in collection.
| Fund | Arrears | Lots behind |
|---|---|---|
| Admin | $3,945.16 | Lots 3, 4, 11, 12, 14, 15, 24 |
| Capital Works | $2,979.22 | Same 7 lots |
| Total | $6,924.38 |
Arrears have improved from $6,924 to $3,014 — likely attributable to the debt recovery action authorised at the 2025 AGM. The resolution authorised engagement of debt collection agencies, legal proceedings, writs of levy, garnishee orders, and bankruptcy proceedings for levy recovery.
Special levy arrears were separately noted at $1,500 from the first instalment (September 2025) per the October 2025 SCM minutes. The March 2026 balance sheet shows $2,118.21 in special levy receivables outstanding.
Balance Sheet 10/04/2026; Owner Ledger (10/04/2026); 391 - AGM Agenda 2025 (Levy Positions pp. 7–10); SCM Minutes October 2025.
| Insurer | CHU Underwriting Agencies Pty Ltd |
|---|---|
| Policy No. | HU0006165015 |
| Type | Residential Strata |
| Broker | BAC Insurance Brokers Pty Ltd, PO Box 84, Darlinghurst NSW 1300 |
| Premium | $32,180.62 (paid 26/02/2026) |
| Policy period | 11 March 2026 to 11 March 2027 |
| Cover | Sum Insured |
|---|---|
| Building | $10,475,000.00 |
| Contents | $104,750.00 |
| Loss of Rent & Temporary Accommodation | $1,571,250.00 |
| Lot Owners Fixtures & Improvements (per lot) | $250,000.00 |
| Catastrophe | $1,571,250.00 |
| Machinery Breakdown | $100,000.00 |
| Legal Liability | $20,000,000.00 |
| Voluntary Workers | $300,000 / $3,000 |
| Fidelity Guarantee | $250,000.00 |
| Office Bearers Liability | $5,000,000.00 |
| Flood cover | Included |
| Paint Cover for Units | Included |
| Floating Floorboard Cover | Included |
| Claim type | Excess |
|---|---|
| All claims (standard) | $2,000 |
| All water damage claims | $10,000 |
| Water damage / burst pipe | $10,000 |
| Flood | $10,000 |
| Machinery breakdown | $1,000 |
| Legal defence | $1,000 |
Insurance commission retained as agreed: $3,998.92.
Strata Roll (10/04/2026) — Insurance schedule.
Multiple defects identified across the document library, listed from most recent to oldest.
Diary Notes 10/03/2026–10/04/2026 (Conti Strata) — "U21>U13 - Bathroom Ceiling Leak".
SCM Minutes 10 March 2026; 24 February 2026; 10 February 2026.
SCM Minutes 13 January 2026.
AGM Minutes 2025; EGM Minutes October 2025; SCM Minutes September–November 2025.
Correspondence; SCM Minutes 2022; NFE Service Report; Fire Repairs documentation.
SCM Minutes October 2020; Insurance claim correspondence.
No formal timber pest inspection report found. Evidence of an active pest treatment programme exists:
| Date | Provider | Scope | Cost |
|---|---|---|---|
| 16 August 2024 | Sara's Pest Control | Common area — general pests and cockroaches | — |
| 2022–2023 | Sara's Pest Control | Treatment notices (details not specified) | — |
| 5 April 2018 | Sara's Pest Control | Cockroaches, spiders, silverfish, common black ants | $605.00 |
This is pest treatment (preventative), not a formal timber pest inspection (assessing termite activity, timber borers, wood decay).
391 - Pest treatment.pdf; correspondence.
A Capital Works Fund Plan Update exists, prepared by Solutions in Engineering (Level 5, 115 Pitt Street, Sydney 2000).
| Inspector | Darren Hall |
|---|---|
| Inspection date | 16 August 2022 |
| Report date | 23 August 2022 |
| Reference | 2330661 |
| Period covered | 15 years (1 July 2023 to 30 June 2038) |
| Starting fund balance | $152,651 |
| Recommended Year 1 CWF levy | $61,379.76 p.a. ($0.49 per UE) |
| Contingency allowance | 12% |
| Assumed inflation rate | 3.00% p.a. |
| Item | Forecast Cost | Year |
|---|---|---|
| Switchboard replacement | $50,000 | Year 1 (2024) |
| Heritage balcony balustrade replacement | $107,120 | Year 2 (2025) |
| External repainting programme | ~$95,000 | Year 4 (2027) |
| Heritage timber window replacement | $30,000–$45,000 | Per cycle (Yrs 3,5,7,9,11,13,15) |
| Waterproofing replacement | $124,643 | Year 15 (2038) |
| Fire indicator panel replacement | $16,541 | Year 10 (2033) |
| Tiled roof repair | $5,938–$7,522 | Years 7, 15 |
| Metal roof replacement | $27,935 | Year 15 (2038) |
| Year | Resolved | Recommended | Shortfall |
|---|---|---|---|
| 2023–2024 | $30,200 | $61,400 | $31,200 (51%) |
| 2024–2025 | $38,250 | $63,200 | $24,950 (39%) |
| 2025–2026 | $51,585 | $65,100 | $13,515 (21%) |
The gap is narrowing but remains material.
Capital Works Fund Plan Update (Solutions in Engineering, August 2022); AGM Minutes 2023, 2024, 2025.
| Year | Period | Anticipated Expenses |
|---|---|---|
| 3 | 2025–2026 | $56,516 |
| 4 | 2026–2027 | $107,079 |
| 5 | 2027–2028 | $66,632 |
| 6 | 2028–2029 | $27,670 |
| 7 | 2029–2030 | $59,107 |
Year 4 (2027) is the highest expenditure year, driven by external repainting ($38,060 scaffolding hire) and heritage window replacement. The EGM-approved painting works ($158,345) address items forecast in the CWF plan for Years 2–4. The special levy was struck outside the plan's funding model.
EGM Minutes October 2025; SCM Minutes September 2025 – March 2026; Capital Works Fund Plan Update (August 2022); Altec contract; Patrick & Sons quote.
Extensive fire safety documentation spanning 2018–2025.
| Period | Practitioner | Accreditation | Contractor | Issued By |
|---|---|---|---|---|
| 2018 | — | — | NFE Group | Conti Strata |
| 2020 | Heath Whaley | F045590A | NFE Group | Eddy Ottaviano (Conti Strata) |
| 2022 | Heath Whaley | F045590A | NFE Group | Christian Giuffre (Conti Strata) |
| 2023 | Daniel Halteh | F046075A | Phoenix Fire | Christian Giuffre (Conti Strata) |
| 2025 | — | — | — | AGM: AFSS process resolved |
Fire safety measures certified: Automatic Fire Detection System (AS 1670.1:2004), Fire Doors (AS 1905.1:2005), Emergency Lighting (AS 2293.1:2005), Exit Signs (AS 2293.1:2005), Smoke Alarms (AS 3786:1993), Portable Fire Extinguishers (AS 2444:2005).
No 2024 signed AFSS sighted in the library, though the 2024 asset register and bi-annual inspection confirm annual servicing occurred.
2026 AFSS process underway: diary notes from 10 March to 8 April 2026 show 9 entries under "SCHB - FIRE 2026", indicating the 2026 annual fire safety certification process is in progress.
Fire contractors: 2018–2022: National Fire & Electrical (NFE Group); 2023–present: Phoenix Fire Protection and Maintenance Pty Ltd.
391 - AFSS.pdf; 391 - AFSS(1).pdf; 391 - AFSS Signed.pdf; 391 - AFSS(2).pdf; Fire Safety Schedule (Requested from Council).pdf; 2025 Asset Register; AGM Minutes 2025.
Visual cladding inspection completed 19 January 2019 by Project Guides Pty Ltd (Vincent Graham, Reference 10127-c1).
Building classification: Class 2 and 7a. No composite cladding present — "No composite cladding serves the building." Combustible cladding coverage: 0%. All elevations confirmed as brick construction. Building does NOT require registration under the NSW combustible cladding register.
Additional confirmation: SRAS CERT - 05688 (2 April 2025) confirms the scheme has addressed its obligations under the cladding registration requirements.
Cladding Inspection Report (Project Guides, January 2019); SRAS CERT - 05688 (April 2025).
Asbestos survey completed 31 July 2020 by Solutions in Engineering (Marco Camps, Safety Inspector; Job Reference 2199410).
| Area | Result |
|---|---|
| Roofs | No ACM identified |
| Fascia and gutters | No ACM identified |
| Downpipes | No ACM identified |
| Common areas | No ACM identified |
| Eaves (fibre cement sheet) | Presumed to contain asbestos — condition: FAIR; risk level: MODERATE |
No sample taken (not safely accessible). Control measure recommended: "Administrate, control or remove access."
The report recommended: (1) installation of warning labels and signage, (2) preparation of an Asbestos Register accessible to all occupants and workers, (3) preparation of an Asbestos Management Plan, and (4) annual re-assessment.
Asbestos Survey Report (Solutions in Engineering, July 2020); Capital Works Fund Plan Update (August 2022); Altec Building contract scope.
No standalone window safety device report. Compliance confirmed through AGM resolution.
The 2025 AGM minutes record: "The Owners Corporation acknowledged Section 118 of the Strata Schemes Management Act 2015 and RESOLVED that the installation/certification of window safety devices had been carried out since the introduction of the legislation and therefore no further action is required at this stage."
A window lock upgrade programme is documented in correspondence (notices to residents, reminder notices).
391 - AGM Minutes (2025); 391 - AGM Minutes (2024); correspondence (window lock upgrade notices).
Conti Strata (Conti & Co Pty Ltd, ABN 38 667 939 064, Licence No. 1219584)
| Senior Strata Manager | Christian Giuffre |
|---|---|
| Phone | (02) 9716 8686 |
| christian.g@contistrata.com.au / info@contistrata.com.au | |
| Office | 397 Lyons Road, Five Dock NSW 2046 |
| Director | Joe Conti (joe.c@contistrata.com.au) |
| Postal | PO Box 443, Concord NSW 2137 |
| Agreement commencement | 8 August 2023 |
| Minimum term | 3 years |
| Annual management fee | $9,005.00 inc GST (5% p.a. increase) |
Strata Management Agreement; AGM Minutes 2025.
| Role | Name | Address |
|---|---|---|
| Chairperson, Treasurer | Effie Nikolaros | 32 Wellesley St, Summer Hill NSW 2130 |
| Secretary | David Love | 7/21 Ormond St, Ashfield NSW 2131 |
| Member | Vanessa Surian | 19/21 Ormond St, Ashfield NSW 2131 |
| Member | Andrew Hau | 12/21 Ormond St, Ashfield NSW 2131 |
| Member | Benjamin Dawson | 16/21 Ormond St, Ashfield NSW 2131 |
| Member | VACANT POSITION | — |
The Chairperson/Treasurer is a non-resident owner (Summer Hill address). Four of the five appointed members are resident owners. One committee position is vacant. All correspondence is directed to all strata committee members.
Strata Roll (10/04/2026).
No building manager appointed. No building manager agreement, appointment resolution, or reference to an on-site building manager in any document. Consistent with a 24-lot, 3-storey 1963 walk-up without lifts or complex mechanical systems. The strata committee and Conti Strata coordinate contractors directly.
AGM Minutes 2018–2025; SCM Minutes 2017–2026; Strata Management Agreement; Strata Roll.
No litigation identified. No references to current or pending litigation, NCAT proceedings, mediation, or court orders across the full document library. No solicitor correspondence or legal fee invoices found.
Legal-adjacent matters noted: standard debt recovery authorisation at each AGM; historical insurance claims (2018) for gradual deterioration; fire reinspection cost recovery letters to individual lot owners. These are administrative, not litigation.
AGM Minutes 2018–2025; SCM Minutes 2017–2026; correspondence; invoices.
No DAs or CDCs identified for the subject property. The library contains only internal by-law renovation approvals:
| Date | Lot | Works | Approval Type |
|---|---|---|---|
| 2025 | Lot 12 | Major renovation — bathroom, laundry, waterproofing, wall alterations | Special By-Law 7 |
| 2024 | Unit 3 | Minor renovation (flooring) | Special By-Law 1 |
| 2024 | Unit 16 | Minor renovation (kitchen, flooring) | SCM approval |
| 2022 | Unit 7 | Minor renovation | SCM approval |
These are internal strata approvals under by-laws, not Development Applications or Complying Development Certificates. Routine maintenance and like-for-like repairs are Exempt Development under NSW planning law.
Neighbouring DAs of note: the owners corporation made a formal submission against a planning proposal at 114 Parramatta Road. A high-rise development proposal near the property is also referenced in correspondence.
AGM Minutes 2025; SCM Minutes 2020–2024; 391-by-laws.pdf; correspondence.
Findings with potential implications for property condition, safety, value, or future costs. Theories to be confirmed or denied following physical inspection.
| # | Area | Finding Summary | Implication Theory | Status |
|---|---|---|---|---|
| 1 | Unit 21 Leak | Active water leak from Unit 21 bathroom into Unit 13 ceiling. 10 diary entries Mar–Apr 2026. Cause unconfirmed. | Critical — directly affects subject lot. Failed membrane = full bathroom strip, re-waterproofing, retiling ($8k–$15k at lot owner's expense). $10,000 water damage excess applies. Physical inspection required. | PENDING |
| 2 | Waterproofing | Units 14/15 balcony waterproofing failure. Megasealed $22,400. Same 1963 membrane as Unit 21. | Membrane deterioration may extend to Unit 21. Balcony slab edge, drainage, and underside should be checked for moisture signs. Physical inspection required. | PENDING |
| 3 | Windows | Unit 21 listed as having outstanding Patrick & Sons window repairs. Building-wide timber deterioration. | Deteriorated timber windows = source of water ingress. Unit 21 on top floor increases weather exposure. Physical inspection required. | PENDING |
| 4 | Waterproofing | 5 separate water events across building (U4, U19, U7, U14/15, U21 to U13). Pattern consistent with systemic waterproofing failure. | CWF forecasts waterproofing at $124,643 in 2038 but defect pattern suggests this must be brought forward. Further special levies likely. | PENDING |
| 5 | Asbestos | Eaves fibre cement sheet presumed ACM (FAIR, MODERATE risk). Survey 6 years old. Altec works include "repaint eaves lining." | Eaves will be disturbed during $158,345 painting contract. WHS Regulation 2017 requires licensed removal/encapsulation. Scope/cost may increase. | PENDING |
| 6 | Fire Safety | Fire Safety Schedule outstanding since Feb 2020. No 2024 signed AFSS sighted. AS 1851-2012 now mandatory from 13 Feb 2026. | Without current schedule, AFSS inspections cannot be verified as covering all required measures. Significant compliance gap. | PENDING |
| 7 | Fire Doors | Units 21 & 22 — no access provided during May 2022 fire door inspection. Re-inspection notice issued. | Unit 21's fire doors never formally inspected. 10+ other units showed deficiencies. Likely similar issues. Physical inspection required. | PENDING |
| 8 | Admin Fund | Admin fund deficit −$15,939.95. Budget structural deficit $1,069/yr. Insurance nearly doubled to $32,180. Water excess $10,000. | Timing issue (insurance lump sum) but structural deficit means no reserve build-up. Levy increase or special levy for admin likely if costs rise further. | PENDING |
| 9 | CWF Planning | CWF levies 21–51% below plan recommendations over 3 years. Motion to update plan defeated. Plan due for review Aug 2027. | CWF balance ($252,720) looks healthy but $107,079 forecast in Year 4 and $158,345 Altec contract drawing on reserves. Further special levy within 2–3 years plausible. | PENDING |
| 10 | Unit Entitlement | UE verified as 5,000 from 3 sources. No s184 certificate for Lot 21 found in the document library. | UE confirmed from owner ledger, strata roll, and AGM schedule. Request s184 from Conti Strata or NSW LRS for definitive confirmation. No financial impact. | PENDING |
This report draws on the full document library and updated financial documents dated 10 April 2026.