A LAVISH Gold Coast estate going under the hammer this month has been mooted as a potential site for the production of medicinal cannabis. Listing agent Alex Fleri, of Amir Prestige, said an Australian pharmaceutical company with interests in the controversial medicinal cannabis sector was among buyers who had reviewed the 49ha Tallebudgera site’s suitability for a future commercial venture. Known as Bellagio La Villa, a European-inspired mansion with ten bedrooms and ten bathrooms occupies part of the sprawling property at 49-109 Tallebudgera Connection Rd owned by billionaire developer Riyu Li. Bellagio La Villa is owned by billionaire developer Riyu Li “At this stage all I can confirm is that we have a few commercial enterprises reviewing the new offering of a 49 hectare site,” Mr Fleri said. “The Bellagio 49ha estate offers the land size and even the commercial structure of the commercial chicken shed, which can be re-purposed for controlled agriculture.”
Source: cannabis AND australia – Google Alert