Robina company Denbrook Constructions in liquidation after court wind up by developer
A Gold Coast company that built luxury apartments in an exclusive Gold Coast suburb has been wound up by the developer.
Business
Don't miss out on the headlines from Business. Followed categories will be added to My News.
A Gold Coast company that worked on luxury apartments in an exclusive Gold Coast suburb has been wound up by the developer.
Denbrook Constructions was placed into liquidation by the Supreme Court of Brisbane after an application by CBO Developments.
CBO is directed by Hollywell-based Bob and Cherekee Hill, while Peter Denley of Robina is sole director of Denbrook.
The Bulletin has attempted to contact Mr Denley for comment.
Denbrook had previously lost a District Court application against CBO, in which the builder sought $582,000 for its work on an apartment project near Salacia Waters at Paradise Point.
Court records said Denbrook was contracted in 2019 to manage construction of three one-per-floor apartments, two roof decks and basement carparking on the property.
The apartments, which overlook the Broadwater, sold for $2.1m, $2.285m and $2.6m in 2021.
Denbrook lost the district court case in August last year, when the judge ruled it had not made a valid payment claim for the amount.
CBO launched Supreme Court wind-up action in April this year, with the court this week ordering James Robba and Jason Bettles of Worrells be appointed liquidators of Denbrook.
QBCC records show Denbrook’s licence was cancelled, at its own request, in December last year.
It was issued 10 demerit points for an unsatisfied judgment debt in March this year.
The company logged two jobs worth $336,869 last financial year, and three jobs worth $3.68m the previous financial year.
Liquidator Mr Robba said it was too soon to say how much was owed by the company.
“We’re just trying to get in touch with the director to get all the information,” he said.