Solly Lew, Joe Calabro and Craig Treasure are behind some of the Gold Coast biggest buys

Solly Lew, billionaire rag-trade retailer, is being suggested around Main Beach as the $16.5 million off-the-plan buyer of the penthouse in beachfront tower Dune.

SOLLY Lew, billionaire rag-trade retailer, is being suggested around Main Beach as the $16.5 million off-the-plan buyer of the penthouse in beachfront tower Dune.

The contract on the three-level apartment atop the 15-level tower was announced six months ago, with the buyer’s name shrouded in secrecy.

Suggested buyer revealed for $16.5m Main Beach penthouse

It’s since emerged that Solly had been doing some homework about the suburb’s beachfront and some ‘smarties’ since have linked him to developer Danny Andrews’s Dune tower, due for completion late this year.

JOE Calabro, one of two brothers who built a multifaceted bus empire started under the Surfside tag, has found a Victorian buyer who thinks the Calabro penthouse at Burleigh is just the ticket – a $5 million one.

The on-the-phone buyer bid sight unseen on the Burleigh Surf property, bought by Joe and wife Roma for $950,000 in 2000.

The next day he flew north to physically inspect the penthouse with Kollosche agent Rob Lamb and signed up.

The Calabros, who are partners in a planned Palm Beach tower, are heading south to an oceanfront Currumbin home bought for $5 million and under renovation.

Busabout in Smeaton Grange has added five new state of the art buses to its fleet to cater for the growing demand for bus services across the region. Pics of busabout drivers, operations manager in front of the buses. [L-R] Stephen Burridge (Depot Manager], Merlinda Hyde [reporting and compliance], Nishan Joseph [GM], Joe Calabro and Tony Calabro [directors]. Pics Ian Svegovic

CRAIG Treasure, CEO of listed Gold Coast entity Villa World when it was taken over in 2021, is doing business with the US-linked AVID group that absorbed his old charge.

Craig these days is at the helm of the CVC group, long-time major lender to developer Jim Raptis, and CVC and AVID are in a JV on a major project called Donnybrook in Victoria.

The Treasure name popped up on the Gold Coast last week over a $45 million CVC-Cru Collective buy of the German-owned Bermuda Point site at Varsity Lakes.