Monday 16 April 2012

Developer's dream goes west in Yamba?


For years longtime Yamba residents have pondered the possibility that the ill-advised release of a large section of flood storage land for future urban development would be a graveyard for the speculative developers who currently own this land.

In 2012 they are perhaps seeing the first cracks in the Clarence Valley Council-NSW Government grand plan to eventually place over 2,000 new residents in flood prone West Yamba – with Lot 8 DP1062514 apparently coming onto the market in a forced sale.

This lot is subject to Stage Two of the Yamba By-Pass Road construction. Stage One is currently being progressed by Council.

22 Carrs Drive, YAMBA NSW 2464

Receiver Sale - Residential Subdivision - Yamba

- Potential for 172 lots
- 17.66* ha majority zoned residential (2C)
- 300 metres* to town centre and close to famous surfing beaches
For Sale by Offers to Purchase Closing Thursday 24 May, 2012 at 4pm

Extracted from ASIC's database at AEST 07:21:44 on 15/04/2012

Name EAST COAST PTY LTD
ACN 074 704 028
ABN 91 074 704 028
Type Australian Proprietary Company, Limited By Shares
Registration Date 03/07/1996
Next Review Date 03/07/2012
Status ** UNDER EXTERNAL ADMINISTRATION and/or CONTROLLER APPOINTED **
Locality of Registered Office Yamba NSW 2464
Jurisdiction Australian Securities & Investments Commission

Date Number Pages Description
13/03/2012 7E4331310 11 5011B Copy of Minutes of Meeting of Members, Creditors, Contributories or Committee of Inspection Under S.436e Or S.439a

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