Half Moon Bay development collapse leaves creditors facing $4.7m shortfall

Half Moon Bay development collapse leaves creditors facing $4.7m shortfall

Anne GibsonProperty Editor·NZ Herald·6 Oct, 2026 10:21 PM3 mins to read‌Partly built homes at Poseidon Place, Half Moon Bay. Photo / BayleysPartly built homes at Poseidon Place, Half Moon Bay. Photo / BayleysA failed East Auckland townhouse development is expected to leave a $4.7 million hole for creditors, with liquidators saying they initially struggled to contact the company’s director, who is believed to be in Australia. The three unfinished Half Moon Bay homes are now being marketed for mortgagee sale after developer

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