SA homes finally close to completion after builder went into liquidation

·

Around 20 home buyers were left with the skeletons of a home in abandoned, unfinished developments at O’Halloran Hill after their builder Felmeri Homes entered liquidation in July 2023.

Among them was Adelaide man Edward Gilmore who hoped to be raising his first-born in his new home before he became a toddler. Four years after he approved the build, his family has grown and they finally moved into their O’Halloran Hill property recently.

“It has been relatively traumatic, especially for those who have been financially impacted pretty heavily, have moved back in with family and watched interest rates go up and up during the construction loan, unable to lock it down,” Mr Gilmore told ABC News.

South Australian Infrastructure Minister Tom Koutsantonis. Photo: Matt Turner.

The South Australian government invested over $4 million to have the infrastructure completed.

South Australian Infrastructure Minister Tom Koutsantonis said it was “gratifying to see some residents” moving into their homes.

“The level of service work required on this project was significantly higher than could have been expected, given the condition the project was left in, with some essential services poorly installed or not installed at all,” Mr Koutsantonis said.

Mr Koutsantonis also added the state government continues to “actively work through options to recoup all taxpayer money spent” to fund the incomplete infrastructure.

An investigation into Felmeri by Consumer and Business Services that began in 2023 continues.

Source: ABC News.

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

Jewish Hellenic Association of Victoria calls for national action on antisemitism

Dean Kalimniou has announced that the JHAV has lodged a substantial submission with the Royal Commission on Antisemitism and Social Cohesion.

Sydney-linked mystery deepens as friends search for missing Elias Pantazis in Greece

The disappearance of 54-year-old Elias Pantazis in Metamorfosi, Greece, continues to puzzle authorities and supporters.

Matthew Aiden Kaissis granted bail over alleged attack on brother

Matthew Kaissis was granted bail after a Brisbane court was shown footage allegedly capturing the moment his brother was struck by a ute.

Damian Stavreas remains on bail over Operation Ironside meth trafficking offences

Former Comanchero bikie Damian Stavreas has been allowed to remain on bail after pleading guilty to multiple offences.

Mark Bouris warns Australia faces recession as 1700 small businesses collapse

Australian businessman and finance expert Mark Bouris has warned Australia is “definitely” heading towards a recession.

You May Also Like

Greek Tourism Minister Vassilis Kikilias to address Greek Australians at online dialogue series

Greek Tourism Minister, Vassilis Kikilias, is set to speak to Greek Australians on April 12 at the next Greek Australian Dialogue Series.

Further delays in opening Melbourne’s Greek National Tourism office

The long-standing inefficiencies of the Greek state are reflected in the case of the reopening of the GNTO office in Melbourne.

Australia sweats through widespread heatwave amid extreme fire warnings

Australia is enduring its first major heatwave of the year, with temperatures forecast to reach 47°C across SA, Victoria, and NSW.