Gold Coast building firm Chelbrooke Homes has called in liquidators in the latest sign insolvencies in the construction sector are increasing.
Glen Norris and Chris Herde 2 min read August 11, 2023 - 4:12PM
The Australian Business Network
Gold Coast building firm Chelbrooke Homes has called in liquidators with industry experts warning “building firms are falling everywhere.”
The Burleigh-based business founded in 1998 operated in Brisbane, Gold Coast and northern NSW with a number of display homes in the region.
The company has appointed Jason Bettles, of Worrells, as liquidator. Comment has been sought from Mr Bettles and company director Peter Riewoldt.
According to Queensland Building and Construction (QBCC) data, the company held a category three licence allowing it to complete residential work worth up to $30m each year.
Leave a Reply
You must be logged in to post a comment.