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

Cyprus Community of SA honours Thekla Petrou for 50 years of service

The Cyprus Community of SA has honoured founding Ladies Auxiliary president Thekla Petrou for 50 years of dedicated service.

Community rallies to stop Coburg development threatening Greek Orthodox church

Coburg’s community is rallying to protect its Orthodox Church, warning that the proposed high-rise development would undermine a vital hub.

How the historic inheritance law overhaul in Greece is set to benefit Greeks abroad

Greece is moving ahead with the largest overhaul of its inheritance framework since 1946, following the presentation of a new draft bill.

Australian Hellenic Medical Charity raises over $100,000 for Kalymnos Hospital

On the evening of November 28, the Australian Hellenic Medical Charity Incorporated (AHMCI) held its annual gala.

Sydney student Anasta Andreou recognised for leadership in sustainability

St Euphemia College proudly celebrates Sustainability Prefect Anasta Andreou, who has been honoured for his Design & Technology project.

You May Also Like

Melbourne GP Magdalena Simonis calls for more training to deal with family violence

As a Melbourne GP with nearly three decades of experience, Dr Magdalena Simonis has consistently prioritised training in family violence.

Australian borders likely to stay closed until 2021, Tourism Minister says

Australians hoping for an overseas holiday have lost hope, with the Tourism Minister saying the nation's border is likely to stay closed until next year.

Direct flights, tax deal revival and Greek yoghurt at the centre of HACCI forum

The Hellenic Australian Chamber of Commerce and Industry National Federation on Tuesday, May 27 held a landmark online forum.