Payment settles legal stoush

Andrew Hopkins, who suddenly left the then Gold Coast-based

AMA crash-repair business in 2021, has paid the company some cash in a legal stoush settlement.

Andrew was chased for $2.38m after suddenly departing as the CEO of the listed AMA amid an allegation of misuse of company funds.

AMA, today based in Melbourne, hasn’t revealed how much it’s been paid under what it terms ‘a confidential settlement’.

A Hopkins company bought a Bundall office block for $9m in 2019, with AMA installing its head office there, and sold it for $13.1m two years later.

DRAWING UP MIAMI PLANS

Bayden Goddard, whose architectural skills have been employed on many upmarket Gold

Coast homes, looks set to become a developer of commercial property at Miami.

Bayden and partners have paid $4.8m for a highway-front property that housed the original Flannerys health-food store.

It appears the plan is to build an office building on the holding, which also has a Hillcrest Pde frontage.

Bayden’s fellow directors in the company that has bought the holding are Kiwi John Dell, owner of a Paradise Waters super-mansion, and builder Lance Dummett, who has a Sovereign Islands home on the market at close to $8m.

HAZELL’S BURLEIGH BUY

Tony Hazell, a Brisbane property funder and investor, has emerged as being behind the $6.15m purchase at a receiver auction of a highway-front Burleigh site.

Tony and his Anthony Moreton Group are no strangers to the Gold Coast – a decade ago they were the instigators of The Beach tower at Broadbeach, a building today called Avani.

The Burleigh buy involves a 1012sq m corner site with a frontage to Fifth Ave and which has a 7-Eleven store as a tenant.

A Sydney receiver took control of the property from a company owned by Edward Masterton, a joint owner of Synergy Property Partners.