Huge Challenge

For Apartment Owners

How poor waterproofing impacts investment value?

We’ve all previously seen the devastating effects of building defects resulting from poor quality apartment waterproofing and construction. There have been stories of owners locked out of strata towers or left in limbo as new apartment construction has stalled. Even more, minor waterproofing issues can lead to extensive and costly repairs and sometimes health issues.

High quality and expert waterproofing solutions, on the other hand, will protect apartment waterproofing, property condition – and value.

Danrae Group is a longstanding family business with the expertise, experience and dedication to deliver expert diagnostic, solution design, remediation and preventative maintenance. We see a few straightforward ways waterproofing may impact investment value and how best to protect new and existing apartments.

Why does apartment waterproofing fail?

Cost-cutting and poor quality workmanship are two key reasons why apartment waterproofing fails. Our team members often encounter problems stemming from the incorrect choice of waterproofing membrane or inadequate installation.

Given every waterproofing issue will worsen if untreated, neglecting even a tiny leak will have consequences. And external factors such as extreme storms or mishaps from subsequent trades work may also lead to water ingress.

It’s essential to be proactive about strata waterproofing. Quality waterproofing during the construction phase is necessary, but incidental damage means ongoing preventative maintenance is the best way forward.

There are benefits to this, too. The supplier can void the warranty if you fail to look after your membrane. Keep a membrane in excellent condition, and they may extend your contract, sometimes by years. Preventative maintenance is a cost-effective choice to protect your property over the long term.

The financial impact of waterproofing failures.

Waterproofing defects can be costly, and they can also affect the potential resale value of strata apartments by impacting structural conditions.

Whilst some more minor issues can be repaired on the spot, anything that escalates into concrete cancer or membrane failure, for instance, will require significant and costly remediation such as rebuild of decks, balconies, rooftops, facades or other affected areas.

If left untreated, leaks ultimately affect the structural integrity of your building, meaning even more costly repairs and impacting resale appeal.

Protecting your Investment.

All major repairs must legally be recorded with strata records. Potential buyers usually obtain a strata inspection report that includes owners’ corporation records listing current or previous defects and significant works.

Astute investors will tell you that you need to protect and preserve your investment. When it comes to strata waterproofing, that means being proactive to minimise outlays and ensure your property stays in top condition.

You Can Trust Danrae.

At Danrae Group, we provide end-to-end project management and comprehensive leak detection, solution design, waterproofing and remediation from our skilled in-house team of waterproofing contractors and trades professionals.

Our team tailors every solution design to the type and location of the property, we triple test every waterproofing installation, and we provide a full waterproofing guarantee. We also offer preventative maintenance plans to preserve your waterproofing solution and the integrity and value of your property.

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Please feel free to call Danrae Group on 1800 326 723 to discuss your needs.

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