Permanent residents of Peninsula Eco Villas and Beach Huts were told last Thursday the manufactured homes park in Capel Sound, Morning Peninsula, was closing next month after the owner RC 1 was declared insolvent in March.
The 28 villa owners were told in early April that they would soon receive an offer for their dwellings, for which they paid $350,000.
Peninsula Eco Villas and Beach Huts was launched in 2017 after property owner RC 1 obtained permits to upgrade the caravan park site and add “modern, eco-friendly, one- and two-bedroom beach villas and huts”.
Innis Cull for receivers Pitcher…
