Gregory John Walker (Greg) – Profile

Greg Walker, MacArthur Projects

According to Greg Walker’s websitehttp://macarthurprojects.com/about-us/ …. which contains a series of attractively rendered photos, Greg Walker has been developing properties to the tune of over $300m since about 1994 (source: http://macarthurprojects.com/ circa November 2017).

Regrettably Greg, despite working in a team with 200 years experience and $300m in projects (as discussed below), experienced some dramas with ASIC and others as the following documents suggest:

ASIC ban - Greg Walker, Macarthur Projects
ASIC ban – Greg Walker, Macarthur Projects

Despite the above, we couldn’t find a mention of these facts upon his website which states:

A carefully selected team of experts boasts a combined experience of more than 200 years of industry knowledge including one of Sydney’s leading Town Planners … 

Managing Directors, Greg and Karen Walker are well known in the industry for their ability to convert raw sites into development approvals and thus creating a high return on investment ***.

In addition to Macarthur Projects dedicated full time staff, the company has invested in long term relationships that span nearly two decades with some of the industries most highly regarded consultants who add real strength and experience to the mix.

More than 80% of Macarthur’s developments are the result of off market transactions…..

Macarthur Projects has a 100% success rate in approvals through the consent authorities, this includes the NSW Land and Environment Court. This provides the foundation to the project success. …

The philosophy adopted by Macarthur Projects to utilise a balance of both in-house staff and external consultants, gives the company a nimble advantage to respond to matters of urgency.

With direct access to some of the most skilled and reputable designers and architects, the final developments are world class.

Source: http://macarthurprojects.com/about-us/. *** disclaimer – sometimes negative returns achieved by Greg Walker.

Can 200 years experience help?

In short, no not always.

According to our research, a number of Greg & McArthur’s finest projects are imaginary (or incomplete), for instance:

Projects not completed – artists impressions only

The following renders are mere artists impressions and were not completed by McArthur Projects or alternatively not completed at all (expect as noted):

Mysterious Certificate problems, St Ives

Bad luck has dogged Greg Walker resulting in the liquidation of an incomplete development at 131-135 Mona Vale Rd, St Ives known as Barkala.

Unfortunately when NSW Fairtrading came knocking they did not like what they found. The writer has recently stumbled across an email entitled:

To view a list of the allegedly “fraudulent compliance certificates” – click here to view our recent blog.

Fraudulent Compliance Certificates – 131MVR

St Ives development company in liquidation 🙁

Sadly Greg Walker’s company 131MVR Pty Ltd (in liquidation) is no more.

A copy of an earlier creditors report can be downloaded here describing its financial demise – click to view.

It is unknown if the long-suffering residents and Owners Body Corporate – the people who ultimately from their own pockets footed the bill to correct the defects and incomplete works left by Greg Walker and his company are recorded as creditors? These defects are discussed in our separate blog:

  • List of Fraudulent Compliance Certificates identified for 131-‘135 Mona Vale Road, St lves – authored by NSW Fair Trading
  • – click here to view.

    Garfield Hotel / Angelsea Gold Coast – in receivership

    A nice blog is being prepared so that Gold Coast investors know what to expect?

    Sadly, it is reported, Garfield Hotel Angelsea – another Greg Walker McArthur Projects project might also be in trouble?

    The Garfield Hotel / Angelsea project is believed to be owned by Fucrez Pty Ltd in receivership?

    View our blog on the Garfield Hotel in receivership/ Angelsea project – click this link.

    The Archibald, Gosford – is it next to go kaput?

    The writer was greatly saddened to read that Greg Walker’s unfortunate run continues with not 1 but 2 receivers now appointed over The Archibald Project at Gosford and angry non-Homebuilder grant recipients wishing to terminate their contracts?

    Other than these minor issues, Greg’s latest project is virtually amazing:

    In a test run for the real thing perhaps, during a ferocious 59km/hr breeze, various inadequacies were exposed:

    or video here:

    https://www.9news.com.au/national/nsw-severe-weather-warning-for-damaging-winds-scaffolding-collapse-gosford-construction-site/a350fe69-efb6-4765-9e36-eb0bd200a20d

    Alternatively, the following promotion video may sell you your new virtual lifestyle?

    Virtually finished and ready to move in, or will it take as long to build as Barkala?

    To bring The Archibald within reach of any purchaser with a pulse, Greg Walker notes that the NSW Government & the HomeBuilder grant were available as free money. It is unknown whether the project and off the plan purchasers are in-fact eligible for the $15,000 Homebuilder grant?

    Free money - OSR NSW
    Free money – OSR NSW (conditions apply)

    It is rumoured that Greg Walker was able to complete the acquisition of Archibald land, despite declaring to the NSW Office of State Revenue that the contract had been rescinded and not re-entered, with the benefit of a few ($16,000,000 of) helping hands dollars from Keith Snell whilst alive. Unfortunately Keith could not attend the public examinations re: 131MVR nor provide any answers to its liquidators.

    Keith Eddy Snell
    Keith Eddy Snell – major backer, minority owner, occasional recipient of advice from Beazley Law?

    Personal

    Personally, Greg is married to his joint managing director of McArthur Projects.

    Karen Vee Walker (formerly Director of 131MVR Pty Ltd (in liquidation)).

    Expert - Karen Vee Walker
    Expert – Karen Vee Walker
    Fully qualified

    Profile: To be continued

    Greg Walker, McArthur Projects
    Greg Walker, McArthur Projects

    Joint Managing Directors, MacArthur Projects

    Successful joint managing directors and life coaches present the ideal image of a happy family.

    Life coach & sometimes banned company director

    What next?

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