Leaky apartment repairs $14mil bill

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Costly repairs to a leaky Queenstown apartment complex are under way.

Brosnan Construction has started work on the first block of four at the 84-unit Oaks Shores on Frankton Road.

Work – expected to last 15 months – includes remediation of the external cladding, walls, balconies and balustrades.

In 2015, the complex’s body corporate, representing apartment owners, lodged a weathertightness claim in the High Court against Queenstown’s council, on the grounds it issued the original building consent in the early 2000s.

It didn’t pursue developer Ross Wensley, as his company had gone bust.

Body corporate chairman Graeme Kruger says all the owners are funding the repair of Block 1 through a special levy based on the size of their apartments.

When the full cost of those repairs is known – thought at this stage to be about $14 million – the body corp will work out what the whole job should cost, which it will then put into its claim against the council.

Kruger: “There could be unknowns discovered as part of the repair which means we would only be speculating about the total quantum at this stage.”

He says owners are relieved to have had a weathertightness claim for financial assistance from Ministry of Business, Innovation and Employment approved.

Under this scheme, owners are offered a 25 per cent contribution towards eligible repair costs.

Asked early this year about the body corporate’s pending lawsuit, a spokesperson for Queenstown’s council said it “intends to rigorously defend the claim”.

– PHILIP CHANDLER