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Greenwich Build has gone into voluntary administration, leaving the Wakaden Street project stalled. Photo: Oliver Jacques.
The sydney-based builder of an affordable housing development on Griffith’s Wakaden Street has gone into administration, leaving some local contractors unpaid for work already done.
Not-for-Profit Argyle Housing was donated land by Griffith City Council to construct four two-storey, two-bedroom townhouses next to the ambulance station. The units were to be held as affordable housing and rented out to low-income earners to help address a chronic housing shortage in town and were expected to be completed by early 2025.
However, the timing of the project delivery is now under threat, with the federal business regulator confirming that the Sydney-based builder chosen to construct the dwellings, Greenwich Build Pty Ltd, went into voluntary administration on Monday (24 February). Parramatta-based insolvency expert Graeme Beattie has been appointed as the company’s administrator.
Nevertheless, Argyle Housing says the now stalled development will be completed.
“Argyle Housing is committed to keeping the community informed about the progress of our housing projects,” a spokesperson said.
“We have been…