A "defects report" reveals apartment units inside Franklin's Esque building have been plagued with leaking toilets, faulty air conditioning and cracks in the walls and ceilings.
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The property developer responsible for the Esque building, the M and A Group, is understood to owe as much as $2 million to unpaid subcontractors and was recently placed under administration.
Earlier this month Esque apartment owners were sent a "defects report" detailing 29 separate issues with the building.
The list was compiled on behalf of residents by the Independent Property Group, which is the real estate agent selling apartments inside the Esque building.
Each defect described on the report is accompanied by a list of the apartments affected.
It shows that five units have complained about toilets that either leak or do not flush, six apartments have complained about their air conditioning not working, and four apartments need a plasterer to fix cracks or holes in the walls.
Twelve apartments had complained about receiving either the wrong white goods, or advertised white goods not being supplied at all.
The M and A Group did not respond to requests for comment on Friday afternoon.
Esque residents are due to meet with the M and A Group on January 11, 2018, at the development's first annual general meeting.
Minutes from a meeting between residents and the Independent Property Group on December 11, 2017, revealed a growing frustration among apartment owners.
"Independent Property Group understands the disappointment owners are feeling and would like to ensure that all issues are being raised," the minutes read.
The Independent Property Group is working with owners to address their concerns, but has been hampered by a breakdown in communication with the M and A Group.
"We are working with buyers in documenting any defects - major and minor - and passing these on to the developer/ builder for either urgent rectification or maintenance depending on the issue," IPG project manager Jack Mason said.
"Unfortunately the developer...is providing limited responses and communication to IPG on the M and A Group's standings."
It is understood as many as 15 subcontractors were still waiting to be paid for work on the apartments, in the suburb of Franklin, with the combined amount owed by the M and A Group believed to total as much as $2 million.
One builder, who asked not to be named, said he was owed more than $100,000 for work he had done on the Esque building.
"I've not had time off for over a year. I've worked every day on that job," he said.
"No one is willing to come back because they aren't getting paid."
Another subcontractor said he was still owed about $20,000 by the M and A Group.
"I didn't know anything about the administration. I thought we were going to be fine to be honest," he said.
The lawyer acting for the M and A Group, Bernard Tan, said he could not comment on the appointment of an administrator to the company.
"At this stage, we haven't been contacted by the receiver and administrator so have no comment," he said.
"However, construction of the Esque development is completed, the units plan has been registered and all except a handful of the settlements have already occurred.
"I would expect that the receiver will settle the rest of the units in the ordinary course."
