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

South Melbourne FC finish runners-up after strong OFC Pro League campaign

South Melbourne FC’s remarkable run in the inaugural OFC Pro League came to a narrow end on Sunday night, with Hellas going down 2-1...

The power of scrap paper: A soldier’s Battle of Crete journey resurrected

Anthony’s journey into the stories of Crete’s wartime past began with a discovery linking his family to the Greek-ANZAC alliance of WWII.

Sydney’s best Greek restaurants for an authentic Mediterranean feast

Sydney’s Greek dining scene is thriving, offering everything from classic souvlaki to elevated Mediterranean feasts.

Andrew Cochineas sets Mosman record with $50 million mansion purchase

Andrew Cochineas and his wife Lisette have emerged as the buyers behind Mosman’s record-breaking $50 million mansion sale.

Greece unveils its first humanoid robot for factory work

Greece has taken a step into advanced robotics with the creation of the country’s first domestically developed industrial humanoid robot.

You May Also Like

Mavromoustakos brothers raise funds for African kids in need during Sydney soccer match

Chrisos and Yianni Mavromoustakos raised funds for African kids in need during a Sydney charity soccer match.

Greek composer Takis Mousafiris passes away after battle with cancer

Greek composer and lyricist Takis Mousafiris has tragically passed away after a six month battle with cancer, his family announced.

‘Nearly died in front of my children’: Nick Viropoulos shares experience with COVID-19

Father-of-two, Nick Viropoulos, has opened up about his ordeal with COVID in a video for the NSW Multicultural Health Communication Service.