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.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Leadership strain and workplace issues surface at GOCSA ahead of AGM

The Greek Orthodox Community of SA is heading toward its Annual General Meeting on Sunday, November 30 amid growing internal instability.

Rhythm and rising talent: Inside the artistry of drummer Damascus Economou

Damascus Economou shares how rhythm, heritage and lifelong musical influences shaped his rise as an emerging Greek Australian musician.

Sydney Olympic FC appoints new President Chris Charalambous

Sydney Olympic FC has announced the appointment of Chris Charalambous as its new President, effective immediately.

Hellenic Art Theatre to premiere new comedy ‘Uncle Costa and Parthena’

Hellenic Art Theatre is preparing to bring laughter and classic Greek family humour with its latest production, ‘Uncle Costa and Parthena’.

Greek judge Catherine Koutsopoulou elected to UN Dispute Tribunal

Greek judge Catherine (Aikaterini) Koutsopoulou has been elected as a part-time judge of the United Nations Dispute Tribunal.

You May Also Like

US labels two Greek anti-fascist groups as foreign terrorist organisations

The US State Department has announced it will designate two Greece-based self-described anti-fascist organisations.

George Karagounis plays legends match, teaches youngsters soccer drills in Sydney

Euro 2004 legend, George Karagounis, taught soccer skills to young children before partaking in the ‘Karagounis Legends Game’ at Leichhardt.

Greece’s largest shopping mall to debut as part of Ellinikon project in Athens

With plans of business complexes, residences, and so much more, the Ellinikon project is adding Greece’s largest shopping mall to its resume.Â