Last Friday, Neale Jackson and Daniel Stoneman of Calibre Partners were appointed receivers.
Initial reports on Mountview Green are yet to be issued.
“The development Roto Whare owns is known as Mountview Green. It consists of two stages,” Jackson said.
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Stage one between Ian St and Mill St includes 26 homes.
“All the homes in this stage have been completed and sold,” Jackson added.
But most places in the second stage are not in that position.
“Stage two between Frank St and Emma Alley is made up of 60 homes: 18 are completed, sold and settled, 22 are completed but not settled and 20 are in various stages of construction,”…