7 Curtis Ct, Mudgeeraba was marketed via an expressions of interest campaign
A partially finished dream home owned by a Gold Coast developer who was convicted of GST fraud after siphoning more than $147,000 for a Broadbeach tower that didn’t exist has hit the market.
Kevin John Barnard was sentenced to three years’ jail with immediate release on a good behaviour bond, and ordered to repay the ATO, after fronting Southport District Court in August 2021.
The Share Water Developments director, then aged 59, pleaded guilty to six counts of obtaining financial advantage by deception, and two counts of attempting to gain financial advantage by deception.
Kevin Barnard leaves Southport Court with his lawyer Jason Jacobson, of Jacobson Mahony Lawyers.
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Property records show Barnard purchased a 1,821sq m vacant site at 7 Curtis Ct, Mudgeeraba for $465,000 in April 2018.
Gold Coast City Council approved a building application for a new dwelling on the site in 2019.
The bones of what could have been a spectacular Hinterland home remain, while a sign out front indicates a lender has taken possession of the property.
It was marketed for sale via an expressions of interest campaign with LJ Hooker.
Would-be dream home?
Hinterland setting
The listing makes no mention of architectural plans for the site, where a concrete slab and steel frame appear to be the start of construction of a significant double-storey home with a sloped roof.
Little else is given away, but to note the stark site is: “Surrounded by quality homes, backing onto bushland with hinterland views and ideally located in a quiet cul-de-sac.”
The property is located in the Clover Hill estate, within walking distance to well-regarded schools, including Somerset College and Clover Hill State School.
It is five minutes’ drive from Robina Town Centre and provides easy access to the M1.
What would appear to be the foundations of a garage
Restricted supervised access to inspect the property can be arranged by appointment.
Barnard falsified expenses on eight business activity statements related to a tower project in Broadbeach.
An ATO audit found he had never owned the land, obtained finance, or lodged development applications for the site.
He fraudulently received GST refunds of more than $147,000, and attempted two more refunds totalling about $76,000, which were refused.
It’s surrounded by new homes and backs onto bushland
The post Half-finished home of convicted developer hits the market appeared first on realestate.com.au.