{"id":639985,"date":"2026-10-24T12:42:31","date_gmt":"2026-10-24T12:42:31","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/639985\/"},"modified":"2026-10-24T12:42:31","modified_gmt":"2026-10-24T12:42:31","slug":"financier-moves-on-luxury-car-dealer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/639985\/","title":{"rendered":"Financier moves on luxury car dealer"},"content":{"rendered":"

\"MariaMaria Slade<\/a><\/p>\n

Property editor<\/p>\n

23 Oct, 2026 1:04am2 mins to read<\/p>\n

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O’Reilly’s Garage in Wellington’s Petone sold luxury cars.<\/p>\n

Wellington luxury car dealership O\u2019Reilly\u2019s Garage which abruptly shut up shop earlier this month<\/a> has been put into receivership.<\/p>\n

Avanti Finance appointed Iain Shephard and Jessica Kellow of BDO as receivers on October 21.<\/p>\n

\n It did so based on a July 2022 general security deed the
\n company granted to it over all present and after acquired personal property.\n <\/p>\n

Avanti also holds security over dozens of O\u2019Reilly\u2019s Garage cars, including a 2026 Porsche Macan, a 2025 Volkswagen Amarok, and a 2022 Audi SQ7, PPSR records show.<\/p>\n

The financier has placed a caveat over business owner Simon O\u2019Reilly\u2019s $2.7m Khandallah home.<\/p>\n

\u201cWe are aware of the situation involving O\u2019Reilly\u2019s Garage and are disappointed by what has occurred,\u201d Avanti said in a statement just prior to the receivership.<\/p>\n

\u201cWe are currently conducting our own investigation and are unable to comment further at this stage.\u201d<\/p>\n

Moving van outside house<\/p>\n

The sudden closure of O\u2019Reilly\u2019s Garage has left its financiers, landlord and customers alike in the dark about what happened, and where Simon O\u2019Reilly is.<\/p>\n

O\u2019Reilly is understood to have left for Europe. BusinessDesk has seen a photo of removal vans outside the Khandallah house.<\/p>\n

Rich List property developer Mark Dunajtschik<\/a> loaned O\u2019Reilly money to help him start O\u2019Reilly\u2019s Garage in 2018.<\/p>\n

He was \u201cas surprised as everybody else\u201d about what had happened and had no idea where O\u2019Reilly was.<\/p>\n

\u201cI had an email from him some time ago, just saying that he will repay my money in the near future, but that\u2019s all.\u201d<\/p>\n

O\u2019Reilly\u2019s Garage is a registered motor vehicle trader, with its registration due to expire in July 2027.<\/p>\n

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Copy LinkEmailFacebookTwitter\/XLinkedInReddit<\/p>\n","protected":false},"excerpt":{"rendered":"Maria Slade Property editor 23 Oct, 2026 1:04am2 mins to read \u200c Subscribe to listenAccess to BusinessDesk articles…\n","protected":false},"author":2,"featured_media":639986,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[34506,1558,138,3944,3371,106398,3602,51219,45565,296,206,4486,8599,111,139,69,90,313735,26820,1326,6753,1961,52,5977],"class_list":["post-639985","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-abruptly","tag-been","tag-business","tag-car","tag-dealer","tag-dealership","tag-earlier","tag-financier","tag-garage","tag-into","tag-luxury","tag-month","tag-moves","tag-new-zealand","tag-newzealand","tag-nz","tag-on","tag-oreillys","tag-receivership","tag-shop","tag-shut","tag-this","tag-wellington","tag-which"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/639985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=639985"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/639985\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/639986"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=639985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=639985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=639985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}