Commercial

Migrants faced runaround over failed project

Three people who bought into a proposed Albany terrace-style housing project are beginning to regret migrating here from South Africa.

Saturday, May 15th 2004

Barry and Tersia Todd of Browns Bay and Jean Hemmings of Paremoremo paid initial deposits for units in the proposed 70-unit Modena Park complex on Oakway Drive at Albany.

Jean Hemmings came here three years ago and the Todds two years ago but all are disappointed with their attempts to buy property.

"We bought places off the plans a number of times in South Africa but we come to squeaky-clean New Zealand and have all these problems," said a disenchanted Tersia Todd.

Modena Park was marketed extensively in 2002 but its builder, Link Construction, went under late last year.

Units sold from $155,000 with no cash deposit needed but the plans promised decks, courtyards, a tennis court and pool.

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SBS FirstHome Combo	6.74
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Unity	6.99
Co-operative Bank - First Home Special	7.04
ICBC	7.05
China Construction Bank	7.09
BNZ - Classic	7.24
ASB Bank	7.24
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