23.8 C
Byron Shire
February 23, 2024

West Byron developer buys nearby chook factory

Latest News

An adventure of a different kind

Two years ago adventurer Emma Scattergood discovered that a journey doesn’t always involve travel. In 2022, Emma was told she had stage 3 invasive lobular breast cancer. 

Other News

Dear Justine

Would you kindly advise what your government is doing to signal its respect for the International Court of Justice’s...

Affordable housing summit next week

As the affordable housing issue shows no signs of easing in the near future, key figures in the housing, property, and finance sectors will come together to tackle the country’s housing challenges at the ninth Affordable Housing Development & Investment Summit

Man assaulted on M1

Witnesses of an assault on the Pacific Highway over the weekend are being asked to contact police as they investigate the alleged crime.

Tweed BMX freestyler wins national gold

Tweed-based BMX freestyler Will Spedding has backed up a state championship with a national title and is now set...

Byron: flats and highrise?

Where are the residents of Byron Bay who are concerned about where we live and the changes afoot? At...

Breaking bad promises

It’s so hard to introduce urgently-needed reforms in today’s fevered media climate that governments tiptoe around problems and hardly dare to act.

Sydney developer Terry Agnew.
Sydney developer Terry Agnew.

Luis Feliu

The millionaire Sydney developer behind the controversial West Byron subdivision is believed to have bought the disused former Inghams chicken factory site further along Ewingsdale Road.

Terry Agnew, owner of Tower Holdings, the major landowner of the West Byron land which the government has approved for rezoning for housing and commercial, is said among local real-estate circles to be the new owner of the processing plant and 40 acre-lot around it.

The land and factory at 268 Ewingsdale Road is believed to have been sold for around $3 million. It was advertised around the country in the past few months as a ‘rare Byron Bay land holding’.

Echonetdaily has yet to receive comment on the purchase from Tower Holdings.

It is unknown what plans the new owner has for the land and factory.

A Byron Bay Property Sales agent told Echonetdaily the factory had been sold with contracts exchanged recently and settlement due soon, following an extensive marketing campaign,

But the price and purchaser details were confidential, the agent said.

Scores of jobs were lost when Inghams closed the factory last year, after the company deemed the facility too old and inefficient.

Speculation at the time was that Inghams planned to sell the Byron Bay property to Woolworths.

Mr Agnew, a prominent Sydney CBD developer, bought a sizable chunk, or around 80 per cent of the 108 hectares of land involved in the West Byron subdivision (opposite the arts and industry estate) after buying out another company, Crighton Properties, early last year, for around $7 million.

His Tower Holdings own a swag of properties, including a luxury Great Keppel Island resort, where a $2.5 billion redevelopment is planned in partnership with former world No 1 golfer Greg Norman.

The company bought the resort for $16.5 million in 2008 before shutting it down and unveiling ambitious plans for the luxury resort and casino.

However, plans for the casino at the resort were knocked back by the Queensland government.

Mr Agnew’s plans initially were thwarted by environmental concerns such as illegal tree clearing, and in 2013 year he finally gained approval for a reduced 250-berth marina precinct, 750 resort villas and 300 apartments, a hotel and an 18-hole golf course.

At the time Mr Agnew bought into the West Byron development last year, his company’s PR firm said ‘The entire landowner group, including Tower Holdings, is committed to making West Byron a vibrant community that integrates with the social fabric of the Byron area’.

News Corp last year reported the purchase of the 450 house and land subdivision at West Byron as well as a 51-lot industrial subdivision in a $7.7 million deal, saying Mr Agnew planned to sell the house and land packages on 600-square-metre lots for $750,000-$800,000.

Byron Bay's Inghams chicken processing factory (formerly Sunnybrand). Photo Eve Jeffery
Byron Bay’s Inghams chicken processing factory (formerly Sunnybrand) has been sold. Photo Eve Jeffery

It is understood he is considering retaining half of the house and land packages as investments given suburban houses in Byron Bay rent for at least $900 a week,’ the News Corp report said.

The West Byron land at 6 Ewingsdale Road was bought as part of a receivership sale from Crighton Properties.


Support The Echo

Keeping the community together and the community voice loud and clear is what The Echo is about. More than ever we need your help to keep this voice alive and thriving in the community.

Like all businesses we are struggling to keep food on the table of all our local and hard working journalists, artists, sales, delivery and drudges who keep the news coming out to you both in the newspaper and online. If you can spare a few dollars a week – or maybe more – we would appreciate all the support you are able to give to keep the voice of independent, local journalism alive.

1 COMMENT

  1. Regarding the GKI Resort, the casino was never mentioned in the initial advice statement. Tower has had trouble getting investment for the development then the Newman Government announced that 3 new casino licences would be made available. Towers application was rejected. Tower believes that a casino licence would make it easier to sell the idea of the project. Wherever Terry Agnew goes, controversy follows and social and environmental matters take a nosedive.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Police confirm two babies dead on February 11 in Mullumbimby

NSW Police have confirmed that at about 2am Sunday 11 February, emergency services were called to a home in Mullumbimby following reports of a concern for welfare.

Just what the doctor and nurses and midwives ordered

It seems like nurses and midwives are always struggling under the weight of poor patient-to-staff ratios. It is hoped that an influx of new workers could help ease the load. This will be a welcome relief for local staff.

Affordable housing summit next week

As the affordable housing issue shows no signs of easing in the near future, key figures in the housing, property, and finance sectors will come together to tackle the country’s housing challenges at the ninth Affordable Housing Development & Investment Summit

Lorikeets on the mend as paralysis season eases

A poorly-understood phenomenon where lorikeets in the region becoming paralysed and unable to fly is thankfully coming to an end for 2024, says WIRES wildlife vet, Dr Tania Bishop.