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

Record crowds descend on Darwin for biggest GleNTi festival yet

The Darwin Esplanade was transformed into a sea of blue and white over the weekend as tens of thousands gathered for the GleNTi festival.

Paul Andon appointed Dean of UNSW Business School

Professor Paul Andon, a long-serving UNSW educator, has been appointed Dean of the UNSW Business School. Read more here.

Sephora names George Tsoukalas as new Australia and New Zealand chief

Retail veteran George Tsoukalas has been named the new General Manager of Sephora’s Australia and New Zealand division.

Police continue hunt for mystery man linked to Kerry Giakoumis murder

Police are continuing to investigate the murder of Hells Angels associate Kerry Giakoumis, six years after he disappeared in Melbourne.

Mistrial declared in Brisbane hairdresser Dmitri Papas sexual assault case

A mistrial has been declared in the Brisbane District Court case involving prominent Brisbane hairdresser Dmitri Stelios Papas.

You May Also Like

Hellenic champions shine at Victoria’s Multicultural Awards for Excellence

On Wednesday, the Multicultural Awards for Excellence were held, an annual event celebrating individuals and organisations.

HACCI National Federation holds online event on Greek-Australian trade relations

HACCI National Federation marked a milestone with its inaugural online event ‘Bridging Markets: Greece-Australia Trade Insights’ on March 20.

Chef George Calombaris to take over at Sydney’s Alpha restaurant

The renowned MasterChef judge and chef George Calombaris is set to take over the kitchen at Alpha Greek restaurant in Sydney.