A tender for the 83ha developer Oliver Scott aggregated at Marsden Pt for his Marsden City project will close with Bayleys on Thursday 27 August.
The land is in 88 titles, with resource consent to subdivide further, and is zoned for residential, commercial & industrial.
BDO Auckland partner Brian Mayo-Smith was appointed receiver on 21 May of 3 of Mr Scott’s companies which own the land – NH Infrastructure Ltd, North Holdings Development Ltd & North Holdings Investment Ltd. 2 other Scott companies, Marsden City Ltd & Marsden City Developments Ltd are overdue for filing annual returns and are at risk of being removed from the Companies Register.
Mr Scott has worked on his Marsden City dream for several years, envisaging a start to construction 2 years ago that would create the first 4400 jobs in a city he believed could grow to a population of 40,000, 40km south of Whangarei and 130km north of downtown Auckland.
Stage 1 of the development was to have 22,000m² of retail space & 20,000m² of other commercial activity, 250 house lots, 150 apartments above retail and a variety of industrial uses.
Bayleys agents Scott Kirk (Auckland) & Duncan Napier (Warkworth) are handling the tender.
Attribution: Tender notice.