Capstone Strata Pty Ltd
Capstone Strata Pty Ltd manages around 20 strata schemes with 1,200 total lots. With an average of around 52 lots per scheme, it specialises in larger buildings — more than double the state-wide average of around 20 lots. It has a broad geographic spread across 15 suburbs, with Elizabeth Bay as its largest market (13%). Its schemes have been involved in 3 tribunal and court decisions since 2021, none of which resulted in adverse findings.
Counts (~) are rounded figures sourced from the NSW StrataHub register. Figures may include duplication in staged or mixed-use developments and reflect data at the time of the last register extract.
Portfolio
90% residential
SCA NSW
Not listed
Fair Trading
✓ Not on register
Scheme Decisions
3 in portfolio since 2024
Portfolio Profile
Lot Types
Residential 90%
Commercial 0%
Utility 10%
Scheme Size Distribution
Distribution of schemes by total lot count. Average scheme size: 51.8 lots. The portfolio is dominated by small schemes (10 lots or fewer), typical of townhouse and villa complexes.
Portfolio Age
Schemes by registration decade. Oldest scheme registered 1968, newest 2024.
Suburb Coverage
| Suburb | Schemes | Lots | % of Portfolio | Market Share | |
|---|---|---|---|---|---|
| Elizabeth Bay 2011 | 3 | 39 | 13% | 2.1% | |
| Bondi Junction 2022 | 3 | 36 | 13% | 1.6% | |
| Millers Point 2000 | 2 | 314 | 9% | 5.1% | |
| Bondi Beach 2026 | 2 | 122 | 9% | 0.4% | |
| Edgecliff 2027 | 2 | 88 | 9% | 2.7% | |
| Double Bay 2028 | 2 | 41 | 9% | 0.9% | |
| North Ryde 2113 | 1 | 194 | 4% | 0.8% | |
| Camperdown 2050 | 1 | 142 | 4% | 1.0% | |
| Ryde 2112 | 1 | 91 | 4% | 0.2% | |
| Dover Heights 2030 | 1 | 62 | 4% | 1.0% |
| Sydney 2000 | 1 | 20 | 4% | 0.2% | |
| Balgowlah 2093 | 1 | 18 | 4% | 0.3% | |
| Freshwater 2096 | 1 | 12 | 4% | 0.5% | |
| Mosman 2088 | 1 | 9 | 4% | 0.1% | |
| Rose Bay 2029 | 1 | 3 | 4% | 0.2% |
Tribunal & Court History
3
Scheme Decisions
1
NCAT
1
Supreme Court
1
Court of Appeal
An owners corporation sued the builder and developer for building defects. A referee was appointed, and the Supreme Court adopted the reports and awarded compensation. The builder appealed, arguing procedural unfairness and misapplication of legal principles; the appeal was dismissed.
CONTRACTS — remedies — damages — mitigation of loss — whether conduct was unreasonable in the circumstances such that some or all of the claimed loss should be disregarded — legal and evidentiary onus on the party asserting a failure to mitigate — no “positive obligation” to provide builder an...
Before
Leeming JA at [1]; Kirk JA at [2]; Ball JA at [81]
Hearing
1 July 2025
File Numbers
2024/475105
Matched Strata Plans
SP89074
Parties
Owners Corporation v Developer
Representation
Counsel: M Ashhurst SC / MT Keene (Appellants) F Hicks SC / W Marshall (Respondent) Solicitors: Salim Rutherford Lawyers (Appellants) Hamilton Locke Lawyers (Respondent)
Orders
(1) Appeal dismissed. (2) Appellants to pay the respondent’s costs.
The Applicants, a strata management company and its sole director, sought review of disciplinary decisions made by the Commissioner for Fair Trading, which included license cancellation, reprimands, and disqualification. The Tribunal set aside the initial decisions, reprimanded Mr. Wang and cancelled his license, disqualified him from managing a business for 12 months, and reprimanded and fined the company, PSMG.
ADMINISTRATIVE LAW – review of decision by external decision-maker, decision to cancel strata management agent’s licence – fine – company and individual licences and disqualify licence holder under the Property and Stock Agents Act 2002
Before
C Mulvey, Senior Member
Hearing
4 – 5 February 2025 Final submissions received 10 February 2025
File Numbers
2024/00273415
Matched Strata Plans
SP90401
Parties
Managing Agent v Government
Representation
Counsel: Mr J Horowitz (First and Second Applicants) Ms A Douglas-Baker (Respondent) Solicitors: Bannermans Lawyers (First and Second Applicants) Department of Customer Service (Respondent)
Orders
(1) The decisions under review are set aside. (2) Pursuant to s 192(1)(a) of the Property and Stock Agents Act 2002, Mr Whitney Wang is reprimanded. (3) Pursuant to s 192(1)(g) of the Property and Stock Agents Act 2002, Mr Whitney Wang’s licence is cancelled after 28 days from the date of this order. (4) Pursuant to s 192(1)(i) of the Property and Stock Agent Act 2002, Mr Whitney Wang is disqualified from being involved in the direction, management or conduct of the business of a licensee...
The owner of a residential building sought to adopt a referee's report regarding loss and damage caused by breaches of statutory warranties by the builder and developer. The court adopted the report with minor variations, ordering the defendants to pay the plaintiff a specified amount and costs.
BUILDING AND CONSTRUCTION – claim for breach of statutory warranties under Home Building Act 1989 (NSW) – proceedings on foot for 8 years – before the Court on 52 occasions – parties reach agreement ‘in principle’ for builder to rectify defects but no final agreement reached more than a year...
Before
Rees J
Hearing
28 October 2024
File Numbers
2017/262472
Matched Strata Plans
SP89074
Parties
Lot Owner v Developer
Representation
Counsel: F Hicks SC / W Marshall (Plaintiff) M Ashhurst SC / M Keene (Defendants) Solicitors: Hamilton Locke (Plaintiff) Salim Rutherford Lawyers (Defendants)
Orders
Orders for adoption of referee reports.
Frequently Asked Questions
- How many strata schemes does Capstone Strata Pty Ltd manage in NSW?
- Capstone Strata Pty Ltd manages around 20 strata schemes (around 1,200 total lots) across 15 suburbs in New South Wales, based on the NSW StrataHub register.
- What areas does Capstone Strata Pty Ltd provide strata management in?
- Capstone Strata Pty Ltd is most active in Elizabeth Bay, Bondi Junction, Millers Point, covering 15 suburbs across NSW in total.
- Does Capstone Strata Pty Ltd specialise in residential or commercial strata?
- Capstone Strata Pty Ltd manages primarily residential (90% residential, 0% commercial).
- What is the average scheme size managed by Capstone Strata Pty Ltd?
- Capstone Strata Pty Ltd manages schemes averaging 52 lots each, compared to the NSW state average of approximately 20 lots per scheme.
- Is Capstone Strata Pty Ltd a member of Strata Community Association (SCA) NSW?
- Based on the SCA NSW online directory, Capstone Strata Pty Ltd does not appear as a current member.
- Does Capstone Strata Pty Ltd have any NSW Fair Trading enforcement actions?
- Capstone Strata Pty Ltd does not appear on the NSW Fair Trading Name and Shame Register, indicating no recorded enforcement actions as of our last data update.
- How many NCAT or court cases involve schemes managed by Capstone Strata Pty Ltd?
- 3 tribunal or court cases involving schemes managed by Capstone Strata Pty Ltd appear in NSW caselaw records since 2024.
- What is Capstone Strata Pty Ltd's NSW strata management licence number?
- Capstone Strata Pty Ltd's NSW licence number is 10124850, issued under the Property and Stock Agents Act 2002.