How much money should be within a sinking fund within a strata apartment block?

I am currently looking at buying an apartment. The sinking fund balance seem rather low ($15k) for a block of 26 apartments. The block is reasonably old beside lots of character. Any counsel?


Answers:    This is a good time to find into real estate. It may walk a couple of percent lower but in the longer possession it should get better. Go for it.


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