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August 2, 2021

Terry Agnew buys Villa World’s Byron property

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The West Byron Villaworld proposal could lead to over 400 houses on the site. Image supplied.

Further to a recent story regarding Villa World’s Land & Environment court (LEC) case against Council over the West Byron development, representatives for wealthy Sydney-based developer, Terry Agnew, have told Echonetdaily that his company, NSPT Pty Ltd, now owns all shares in Villa World Byron Pty Ltd.

As such, NSPT Pty Ltd, ‘has full ownership rights and control in the application made in the name of Villa World Byron Pty Ltd’.

All ownership sold

AVID Property Group CEO Cameron Holt said, ‘Given Villa World sold all ownership rights to NSPT in October 2019, it is unable to request any changes made to the application, or to amend the parties listed in the LEC proceedings.

‘Villa World will have no involvement in the LEC proceedings, as it is no longer a shareholder of the company that is behind the application’.


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3 COMMENTS

  1. Terry Agnew bought leases on Great Keppel Island (GKI), on the Capricorn Coast, over 10 yrs ago.

    The leases are now degraded and have been in breach for almost a decade while Agnew’s company, Tower Holdings PTY LTD, has held our community and the Qld State Government hostage whilst he seeks a buyer for the grandiose and unbankable project he had in mind for our community.

    Agnew bought a viable resort and then a lease on the other major beachfront resort and closed both businesses down, stripped both properties bare and then came up with a host of excuses as to why his Approved mega-development did not proceed.

    We in CQ stand together with the good folk od Byron Bay opposing this Sydney based man’s destructive developments here in Qld. .

  2. Michael Powell, so sorry to hear of the suffering and destruction a myopic narcissistic meglo-mono-maniac has wrought upon your community and landscape.
    Respect and many thanks for the facts you have provided, which are now available for public inspection, enquiry and summary judgement

  3. Sad to see the contributions of Michael & Rachel above – clearly disgruntled, anti-development NIMBY’s who have nothing better to do then to can someone who has been much more successful they have.

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