David George McWilliams and wife Laura Mary Fullarton.
Three Gold Coast properties connected to a developer who was alleged to have gambled away millions in investor funds have officially hit the market.
Southport headquartered ALAMMC Developments and a suite of related entities first came to the attention of corporate regulator ASIC in July, 2024.
22 Kooringal Court Tallebudgera.
22 Kooringal Court Tallebudgera.
22 Kooringal Court Tallebudgera.
The ASIC investigation was prompted by a tip-off from the Queensland Office of Liquor and Gaming that company director David George McWilliams was allegedly gambling exorbitant sums at The Star.
Robbie Graham and Josh Thomas of Ray White Prestige Gold Coast – Surfers Paradise are taking the Gold Coast properties authorised for sale by Justice O’Sullivan to auction next month.
22 Kooringal Court Tallebudgera.
22 Kooringal Court Tallebudgera.
Mr Graham declined to comment on the properties but confirmed he was taking a Hinterland estate and two Surfers Paradise apartments to auction on May 1.
The Tallebudgera property at 22 Kooringal Court includes a modern double storey residence and a second dwelling.
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22 Kooringal Court Tallebudgera.
“(A) 5,337 sqm Hinterland estate with two residences in a quiet cul-de-sac,” the listing states.
“Located on an elevated block with double access driveway overlooking tree-lined grounds and the pool with covered entertainment pavilion.”
Property records reveal it was purchased by Mr McWilliams’ wife Laura Mary Fullarton for $5,088,888 in May, 2024.
The Q1 at Surfers Paradise.
3006/9 Hamilton Ave, Surfers Paradise.
3006/9 Hamilton Ave, Surfers Paradise.
The two apartments in the Q1 are also linked to Laura Mary Fullarton, who paid $560,000 for No. 3006 in October, 2021, and $570,000 for No. 3208 in June, 2022.
“(The) two modern fully furnished one bedroom plus study apartments will be sold separately,” the listing states.
“Located on the 30th and 32nd floor in the Q1 building, both apartments offer views across the Gold Coast, beach, ocean, waterways, and out to The Hinterland.
3208/9 Hamilton Ave, Surfers Paradise.
3208/9 Hamilton Ave, Surfers Paradise.
“Currently, the apartments are in the Q1 holiday rental pool with high occupancy but can also be permanently rented or lived in full time – the decision is yours.”
Mr McWilliams, his wife Laura Mary Fullarton, and the ALAMMC companies had their assets frozen in September, before company receivers were appointed.
There has been no suggestion of any wrongdoing against Ms Fullarton
On March 12, Justice O’Sullivan ruled company receivers Andrew Peter Fielding and Helen Newman, of BDO Australia, would be “justified and acting reasonably in exercising their power of sale” if they were to offload eight properties owned by the pair and their companies.
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