Co-operative Living Information

The Gold Coast Bulletin News has reported that financiers Angas Securities have taken control of the development company of The Ecovillage at Currumbin.

The financiers are offering the 20 remaining house sites through estate agency Colliers.

The newspaper reported Mr James Dodd of Colliers as stating: "The financier intends to meet the market and sales will occur with significant reductions to previous list prices."

The Gold Coast Bulletin News claimed that a liquidator was appointed for Ecovillage developer Land Matters Currumbin Valley by the Australian Taxation Office just days before.

The liquidator Jason Bettles, of Worrells Insolvency, was reported as saying that, with financiers in control, the developer appeared to have no remaining assets.

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