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Paul Scanlon snaps up Paradise Waters home from Gold Coast Titans co-owner Darryl Kelly

Paul Scanlon, a fellow who at one time ran a later ‘submerged’ Mustang Marine, is being linked to a second riverfront buy at Paradise Waters, this one from a Titans powerplayer.

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TITANS SAVIOUR OFFLOADS HOME

PAUL Scanlon, a fellow who at one time ran a later ‘submerged’ Mustang Marine, is being linked to a second riverfront buy at Paradise Waters, this one from Titans NRL team saviour Darryl Kelly.

Gold Coast Titans co-owner Darryl Kelly. Picture Glenn Hampson
Gold Coast Titans co-owner Darryl Kelly. Picture Glenn Hampson

Casa Domus, a company apparently in the Scanlon stable, paid $5.5 million in September for the ex-Keith Williams mansion in Commodore Drive.

Now Darryl, who’s bought a $6.3 million beachfront apartment, has benefited from Casa’s largesse, achieving $4.325 million for his Admiralty Drive home.

SAMMUT LINKS UP THE FUNDER ALCEON

SAMMUT Developments, a Sydney group which is buying 53-year-old beachfront apartment block the Garfield, may have a company familiar to the Gold Coast lined up as a funder.

It is mooted to be Alceon, a group with ex-Babcock and Brown execs in its rank and which is developing the Acuity Business Park at Robina.

Garfield Towers at 43-49 Garfield Tce, Surfers Paradise. Picture: Jerad Williams
Garfield Towers at 43-49 Garfield Tce, Surfers Paradise. Picture: Jerad Williams

The 27-year-old Sammut, run by brothers John and Allen Sammut, operates in the luxury market and Cronulla is a favourite suburb.

MARSHALL’S ‘GRAND’ HOTEL PLAN

JOHN Marshall, a developer who’s lost control of the Grand Canal at the Hope Island Resort, had visions of building a floating hotel on the waterway.

It’s emerged that he had a concept plan drawn up in 2014 for a 40-villa hotel adjoining the resort’s golf clubhouse and with a restaurant, buggy parking and moorings.

The canal’s on the market in the wake of receivers taking control of the Marshall entity that bought it for $770,000 a decade ago.

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Original URL: https://www.goldcoastbulletin.com.au/news/gold-coast/paul-scanlon-snaps-up-paradise-waters-home-from-gold-coast-titans-coowner-darryl-kelly/news-story/b2387ab5aaacb3d1ec223a3c4d91e9eb