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Gold Coast business: Latest development, property and business gossip

A rugby league star avoids a grilling, a new Chevron Island purchase on the horizon and a lawyer looking for a place to call home. Here’s the latest gossip on the Glitter Strip.

Cost of living: Aussies are 'intimidated' by retirement

A RUGBY league star avoids a grilling, a new Chevron Island purchase on the horizon and a lawyer looking for a place to call home. Here’s the latest gossip on the Glitter Strip.

Chris Walker during his sporting days.
Chris Walker during his sporting days.

* CHRIS Walker, one-time colourful rugby league identity, might avoid a public grilling over his 2017 demise because his bankruptcy trustee has run out of administration funds.

Jason Bettles has been investigating three property transactions that occurred before the Queensland State of Origin player landed in the financial sin bin.

Jason’s told creditors, owed more than $500,000, that with the till empty, unless they stump up with $30,000, he can’t continue his probe via a public examination.

MAJOR SHAKE-UP IN TOWER MANAGEMENT

Chevron Island.
Chevron Island.

* THE Dabit brothers, Sydneysiders with two Southport apartment towers under way, have taken a shine to Chevron Island, where eight towers have been are approved but haven’t started.

Howard and Robert have bought a 1012 sqm site in Parneno St and are planning a 16-floor building to follow on from debut venture Marquee on Meron and follow up Adore, both in Southport.

There are suggestions their Draycon Builders entity might also have its foot on a third Southport site.

FIRST LOOK AT NEW PALMY TOWER

Paradise Island
Paradise Island

* NICK Stone, top man at a Southport law firm that carries his name, is out to make a multi-million dollar exit from ‘Paradise’.

He’s put selling a two-level home on a plum spot on Paradise Island, which fronts the Nerang River in Surfers Paradise, and is chasing $3.45 million.

The 35-year-old Kiwi bought the four-bedroom property, on a corner point and with a 65-metre frontage to the river, four years ago for nearly $2.3 million

Original URL: https://www.goldcoastbulletin.com.au/on-the-qt-the-latest-coast-business-gossip/news-story/0ce684c7553abb5365444c61786493f1