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

Sydney restaurant owner Peter Papas pushes back on council speed limit cuts

Sydney restaurant owner Peter Papas has criticised a growing push by local councils to reduce speed limits across suburban streets.

Emotional memories shared at launch of ‘Finding Home’ exhibition at Bonegilla

The stories of Greek migrants to Australia came to life on June 6 at the official launch of Finding Home, a new exhibition at the Bonegilla.

Feast day of the Holy Spirit celebrated at the Holy Trinity Church in Footscray

The Feast Day of the Holy Spirit was celebrated by the faithful at the Holy Trinity Church in Footscray, Melbourne.

Kingsgrove High School’s ‘Future Links’ expo inspires students to dream big

On Friday, June 6, Kingsgrove High School (KHS) proudly hosted its fifth annual Future Links Careers Expo.

Nick Tsougranis to make emotional NRL debut for the Dragons

Nick Tsougranis will make his NRL debut for the Dragons on Thursday night as they take on rivals Cronulla in the southern Sydney derby.

You May Also Like

Evzones welcomed to Western Australia for the first time

Greece's Presidential Guard was warmly welcomed to Perth in Western Australia on Wednesday for their first ever visit to the state.

Greeks Gate in Malta to undergo restoration

Restoration works on the medieval fortifications of the Greeks Gate found in the city of Mdina, Malta has begun.

Family the key to 26 years of success for Greek-owned ‘Pump and Pool People’ in Sydney

Greek-owned family business ‘Pump and Pool People’ has come a long way since it opened its first pool shop in 1997.