Multi-million-dollar mansion for sale while subbies remain unpaid

32 Tuhaere St in Ōrākei is on the market. (Image: BusinessDesk)

Thu, 29 May 2025

A multi million dollar luxury home associated with an Auckland developer who owes subcontractors for other projects is on the market.Last June, Aaron Ghee told 92 unsecured creditors owed $3.5m by his business, Sanctum Projects, to accept 15 cents on the dollar, or see the company go bust and get nothing.Nearly a year on, subbies are still owed the final payments agreed to in the compromise.Meanwhile, interests associated with Ghee have completed an architecturally designed home adjacent to Auckland’s sought-after Paritai Drive.The f...

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