On The QT: Danny Andrews of Gold Coast developer Andrews Projects tipped as buyer of Paradise Waters mansion
The businessman behind a doomed airline takeover has flown the coup from the Gold Coast. READ THE FULL REPORT
Business
Don't miss out on the headlines from Business. Followed categories will be added to My News.
Get all your latest news - On The QT.
DEVELOPMENT PATRIARCH TIPPED AS BUYER OF ‘GOTHIC-LIKE’ HOME
DANNY Andrews, patriarch of a family company which has made a forte out of building apartment towers, might have plans for a mansion at Paradise Waters.
He’s the suggested $4.15 million buyer of a Gothic-like home on a 1000sqm-plus site in Midshipman Crt, one that could make way for a new Andrews abode.
MORE ON THE QT
Paul Scanlon picks up $5.5m Paradise Waters mansion on Gold Coast
Canadian group Brookfield seems to ditch plans for Labrador tower
Hotel could be in works for Main Beach ahead of development deal
The location would put Kiwi Danny and family close to their latest project, a very up-market 16-level tower on the beachfront at nearby Main Beach.
EX AIRLINE CEO EXITS SOVEREIGN ISLANDS
GARY Toomey, who was CEO at Air New Zealand during its disastrous ownership of Ansett, has flown the coup after 15 years at the Sovereign Islands and headed to the Surfers Paradise beachfront.
FULL DIGITAL ACCESS: JUST $5 A MONTH FOR THE FIRST THREE MONTHS
He and wife Denise have bought a near $2 million apartment in One16 The Esplanade, a boutique tower developed by Brisbane’s Guy Zumbo.
Gary pulled the ripcord at Air NZ in 2001 and, many years later, had a brief stint running India’s second-largest airline.
CROP GROWER STILL SEEKING TO HARVEST BUYER
LYNETTE Ziesemer, a Western Downs wheat and crops grower and owner of thousands of hectares, hasn’t succeeded in finding a buyer for a long-held site fronting the Broadwater at Hollywell.
The vacant 727sq m James Cook Esplanade lot, with a canal at the rear, has been in her family since it was bought for $47,900 42 years ago.
It’s drawn a top bid of $1.45 million at an online auction and the hunt’s on for someone willing to pay at least $1.5 million.