Another manager leaves Southport Bowls Club; Elliott’s Sovereign bargain; high hopes on Chevron & more Gold Coast business gossip
The turf continues to fly at the city’s oldest bowls club with the club losing its second bar manager in less than a year; Palm Lakes founder’s roaring Sovereign Islands bargain and more Gold Coast business gossip.
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THE turf continues to fly at the city’s oldest bowls club with the club losing its second bar manager in less than a year.
Ex-real estate agent Sharon Coghill left her position as bar manager at Southport Bowls Club last week.
Ms Coghill was brought in to replace popular former manager Patty Muntz, who was made redundant in October last year following a boardroom stoush.
The club came to a settlement with Ms Muntz, who had alleged unfair dismissal, earlier this year.
Her dismissal resulted in four board members resigning with former house director describing it as a “coup”. BB contacted Ms Coghill who declined to comment.
“I’m not about destroying anything but thanks,” she said when asked to explain her leaving.
The club has struggled financially in recent years with billionaire “high-rise Harry” Triguboff widely credited with helping it stave off insolvency with generous donations.
The Southport Bowls Club was founded in 1914 and has 550 members.
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PALM Lake Resorts founder Walter Elliott has nabbed himself a bargain in the sparkling Sovereign Islands, picking up the well-known “house with the lions” at less than half its originally-listed price.
Property records have revealed savvy aged care development player Mr Elliott as the buyer of the palatial residence at 18-20 The Sovereign Mile.
The six-bedroom, five-bathroom, 20-car-garage home hit the market in November 2015 with a whopping $7.95 million price tag which was slashed over time. It was most recently listed at $4.29 million.
Professionals Vertullo agent Chris Moyer inked the $3.5 million deal, which settled on June 24.
The seller was local accountant Matthew Bebawy, whose father and fellow accountant Mofid Bebawy left New South Wales Police red-faced a few years’ back.
Charges over an alleged $1.1 million worth of bad cheques against Mr Bebawy senior were sensationally dismissed after a well-publicised extradition from the Gold Coast to Sydney in 2011. The police were ordered to pay Mr Bebawy $20,000 in costs.
Mr Elliott, who built an retirement resort empire from a single Victorian caravan park, is already a Sovereign Islands owner with a $5.35 million showpiece at nearby Hampton Ct he picked up in 2016.
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MARQUEE, a Brisbane developer which snared a Brisbane couple’s large riverfront Surfers Paradise property ahead of a mortgagee auction, is going high on the land — temporarily.
Marquee, which has a Chevron Island tower under way, plans a 25-metre viewing tower on the Cannes Ave site, along with a large sales suite.
The company’s yet to settle on the 2339sq m site, which is next to new seven-level building La Riviere.
Marquee has not revealed its plans for the site and what it is paying but the height of the planned viewing tower, which will have platforms halfway up and on top, indicates it will at least match La Riviere’s elevation.
The sellers are Richard and Jane Corbould who 12 years ago reportedly had a buyer prepared to pay $20 million interested in the land, occupied by two houses.
One of the houses was bought by Richard’s father in 1956 for 12,000 guineas, or $25,200 in today’s currency.
The addition of the second house in 2006 gave the Corboulds land with a 95-metre river frontage.