The company is owned by The Phoenix Trust, whose sole shareholder is Olliver.
The company has had a troubled history, facing controversy for owning the Whangaparāoa golf course, where locals are maintaining the grounds after it was shut to members.
High debt and other liquidation proceedings have also brought the property to prominence.
The title to 180 Gulf Harbour Drive shows several encumbrances, including:
- December 2024: K3 Legal registered a caveat;
- December 2024: K3 Legal registered a charging order/rating order;
- November, 2024: Watercare Services registered a charging order/rating order;
- August, 2023: Gold Band Finance registered a mortgage;
- November, 2022: Alpha First Securities registered a mortgage;
- July…