close
MENU
3 mins to read

Funding issues stall large special housing subdivision near Christchurch

Home buyers nervous after developer placed in liquidation owing $13m.

Duncan Bridgeman
Fri, 28 Apr 2017

A planned 888-house subdivision on the outskirts of Christchurch has hit the skids after commercial agreements involving two Auckland developers broke down.

With the project now in limbo, some investors who bought house and land packages worth more than $400,000 are left wondering where they

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Duncan Bridgeman
Fri, 28 Apr 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Funding issues stall large special housing subdivision near Christchurch
66559
true