Portfolio Profile
Lot Types
Residential 1,631 (95%)
Commercial 47 (3%)
Utility 47 (3%)
Scheme Size Distribution
Distribution of schemes by total lot count. Average scheme size: 57.5 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 1973, newest 2020.
Suburb Coverage
| Suburb | Schemes | Lots | % of Portfolio | Market Share | |
|---|---|---|---|---|---|
| Hurstville 2220 | 13 | 891 | 43% | 2.7% | |
| Wolli Creek 2205 | 5 | 489 | 17% | 7.6% | |
| Bankstown 2200 | 2 | 173 | 7% | 0.5% | |
| Surry Hills 2010 | 2 | 8 | 7% | 0.8% | |
| Burwood 2134 | 1 | 106 | 3% | 0.4% | |
| Sans Souci 2219 | 1 | 15 | 3% | 0.4% | |
| Allawah 2218 | 1 | 11 | 3% | 0.6% | |
| Granville 2142 | 1 | 9 | 3% | 0.5% | |
| South Hurstville 2221 | 1 | 9 | 3% | 0.8% | |
| Kogarah 2217 | 1 | 6 | 3% | 0.3% |
Tribunal & Court History
1
Total Cases
1
NCAT
1 case on record.
An apartment owner sought an order that the Owners Corporation make a by-law to allow the owner to extend their pergola. The Tribunal found the Owners Corporation's refusal to approve the by-law was unreasonable. The Tribunal then ordered the Owners Corporation to make the by-law.
STRATA SCHEMES – s. 149 Strata Schemes Management Act – Unreasonably refused to make a common property rights by-law
Before
M Tyson, Senior Member
Hearing
17 March 2022
File Numbers
SC 21/45610
Matched Strata Plans
SP82783
Parties
Lot Owner v Owners Corporation
Representation
J Kanridis (Applicant) Y Ge (Respondent)
Orders
1. Order pursuant to section 149 of the Strata Schemes Management Act 2015 (NSW) that the by-law, described as special by-law 29 and described at item 14 in the minutes of the annual general meeting of the Owners Corporation SP 82783 on 20 January 2022 is prescribed as a change to the by-laws of the said strata scheme, with the wording that appears in Annexure A to those minutes, as copied as pages 55 to 62 of the applicant’s written evidence in the proceedings, and with special by-law 29 to...
Google Reviews
07 Dec 2025
“Admin staff is not helpful.Each time the lift breakdown she will reply to calls saying nobody has yet to report. It has like half a day broken down . I enquired about the lift breakdown estimate time to complete she said the technician didn’t tell her. I follow up a week she said waiting for...”
13 Nov 2025
“No building manager on site and they believe it is acceptable to try charge over $150 for an employee to come on site and review CCTV footage after theft a in common area. Unprofessional and a complete lack of care.”
15 Jun 2025
“This company exhibits a consistent pattern of poor management and disregard for property owners.
Communication is minimal, concerns are routinely dismissed, and decision-making lacks transparency.
In particular, leadership appears more focused on control than service, creating an atmosphere of...”
25 Nov 2024
“Ocean Building has been excellent in managing our property. Their team is professional, responsive, and proactive in addressing any concerns. Maintenance issues are resolved promptly, and they always keep us informed throughout the process. Highly recommend their services for anyone looking for...”
15 Jan 2025
“Ocean Building management. They added $385 "illegal dumping fee" to my levies illegally 24 hours after my tenant disposed some cushions and cardboard boxes in the garbage room. I removed the garbage and they said they will charge "investigation fee", which is $165. April Li's exact words - How...”