Developers of a stalled Gold Coast unit block say they’ll complete it themselves after its builder went into liquidation. Meanwhile, buyers in the project are considering class action. Here’s why
Kathleen Skene Follow 3 min read May 4, 2024 - 12:00PM
Gold Coast Bulletin
Developers of a stalled Southport unit block say they intend to complete the project themselves after its builder went into liquidation - despite not holding a building licence.
Meanwhile, buyers in the Waverley Residences project are considering class action after waiting more than two years for settlement and being pressured to shell out thousands more than they were told at the beginning.
Waverley was being built by Descon Group Australia, which went into court-ordered liquidation amid a flood of debt claims on Wednesday.
The project’s developer Busikon is directed by Descon director Danny Isaac,
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