Villas in the Gold Coast’s Copper Creek area have been sold off and taken over by developers, with villas in Gold Coast city of Gold Coast now under the control of a consortium of private investors.
The villas have been converted into luxury homes and are being built on land that was once a coal mine site.
The consortium of investors is based in Australia, and is owned by Mr Alvaro Sánchez, a partner in the Spanish property investment group, Parex.
Mr Sáncoz is an outspoken critic of the mining industry and has said he plans to sue Mr Turnbull over the sale of the copper mines.
Mr Alvarez has said the villas are “not mine sites”, and will not be developed on the same site.
He said the deal was made because he wanted to use the property as a commercial property, but Mr Turnbull said it was not a mining project.
“There will be no development whatsoever, and we don’t intend to use any copper mines,” he said.
“We are very concerned about what this project is doing to the copper deposit in Gold Coats Creek.”
Mr Turnbull has been the Liberal Party’s leader for four years.