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

Madison Stefanis’ journey to building a multi-million dollar business

At just 23, Madison Stefanis has transformed her passion for vintage cameras into a thriving $4 million business.

Tahlia Kokkinis secures place in the Australian Open girls’ singles quarterfinals

Young tennis sensation Thalia Kokkinis has prevailed in the Australian Open girls' singles third round against the UK's Brooke Anna Black.

Greek Australians named among the most influential people of the past six decades

The Australian has named 60 individuals who have significantly shaped Australian life over the past six decades.

Evangelia Stivactas inspires young women to get fit with free group tennis sessions

Are you a young woman in Sydney who’s looking to make new friends, stay fit and get healthy mentally and physically?

New Greek restaurant Astoria Bar Kè Grill opens in South Yarra

South Yarra has welcomed a new addition with the opening of Astoria Bar Kè Grill, offering traditional dishes with a modern twist.

You May Also Like

Russian FM calls for speedy reduction of East Med tension, closer ties to Greece

Russian Foreign Minister, Sergei Lavrov, met with Greek Prime Minister, Kyriakos Mitsotakis, to discuss bilateral relations and Turkey.

Hellenic Lyceum of Sydney participates in the 20th National Conference in Kalamata

Members of the Hellenic Lyceum of Sydney participated in the 20th National Conference in the Greek city of Kalamata.

Exciting program unveiled for the 2nd Zeibekiko Festival Australia

The second Zeibekiko Festival Australia will return with a bang from September 27 this year thanks to Ventouris Productions.