The developer "front man" is a Gen X'er Jason Guarrera who "along with his Sydney partners" (who he curiously would not name) announced the start of this project in spectacular, glowing terms.
Hidden in the Compost fine print was the key statement:.."they are "exploring a number of options to finance. . .with neither (project) yet going to the market". Just as we thought: VAPOURWARE. And just what Cairns needs: MORE DEVELOPER BULLSHIT.
This same Mr. Guarrera (who apparently has yet to even build a cubby house) announced with great fanfare the "imminent" start of the 36-unit "Terraces on the Hill" - in JUNE OF 2010! This project has sat there, un-financed and unbuilt, since this "big announcement" by this credibility-short developer wanna-be. Despite many attempts to troll the internet for money.
And now we're expected to believe this lying developer is going to get a 520 unit project off the ground? He claims to be a director of "Drawbridge Developments", but no listing with ASIC means NO COMPANY. And he claims to be a director of "On Work Experience.com", but this looks to be some kind of scam website. All internet roads lead back to a shitty little house off Anderson Road.
Is this how Roy Lavis started??
And why is Nick Dalton at the Cairns Post such a sucker for these kinds of stories? Does he not check one detail of this crap? Does he not realise that the neanderthals like MacKenzie read these stories to the public like the Gospel according to Hedley?
Real Estate is the playground of the devil, with apparently the gates of hell located just south of Stockland. Welcome to Cairns!