Objectors to $7m development prompt foreign investor to build smaller residence on Scotland Island

The new plans for Yamba on Scotland Island, which are far less lavish than before. Picture: SuppliedĀ 

A ā€‰BILLIONAIRE foreign businessman has abandoned plans to build a lavish home at a peninsula beauty spot which locals feared could become a resort.

Far East Land and Housing Developmentā€™s Philip Ng, who bought a property calledYambaĀ on Scotland Island last year for $7 million, has submitted plans to build a smaller family home at the site.

Locals wereĀ outraged at the former plan for a $3 million creation across two blocks, which the owners said would be used by themselves and company guests.

About 70 people protest at the Yamba property on Scotland Island. Picture: Supplied

But locals, including members of Scotland Island Residentsā€™ Association, feared it would become a ā€œglorified function centre,ā€ and held a picnic protest.

They said it showed ā€œscant regardā€ for the island, despite assurances from the Far East Organization Australia Properties that they were not creating a holiday resort. But the company withdrew the plan after 90 submissions.

The existing home at Yamba on Robertson Road, Scotland Island.

The new DA, which has been lodged with the former Pittwater Council, is for a $1.6 million, three-bedroom, two-bathroom home.

ā€œThe proposed development of the residence has been designed with the natural landscape in mind and is sensitive to the island environment,ā€ he said.

The old plans which were withdrawn for Yamba at Scotland Island Picture: Supplied
The new plans for Yamba on Scotland Island. Picture: Supplied

ā€œAt each stage we have taken into consideration the valuable feedback from the local community.ā€

The Foreign Investment Review Board approved Mr Ngā€™s purchase.

He is worth $10 billion.

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