Accused drug trafficker granted bail to carry out home renos

A SUNSHINE Coast man accused of being a drug trafficker and meth producer has been granted bail after he proved to a judge that he needed to urgently renovate his house.

Nicholas Adam Peterson has been in jail since July after being charged with a string of drug charges including trafficking meth, possessing meth and marijuana and possessing explosives.

But since he's been in jail the bank has taken over his house because he defaulted on mortgage payments.

On Friday Brisbane Supreme Court heard he voluntarily signed his house away to the bank and requested it be sold.

But if the sale price leaves him with a shortfall, his frail pensioner mother, who is his guarantor, would be liable.

Mr Peterson applied to the Supreme Court to be released on bail so he could resume working as a plasterer and renovate the house in the meantime, so it could be sold for a higher price.

Justice John Bond allowed this.

"I accept that he would be motivated to seek to maximise the bank's return of the sale of the house to avoid the adverse outcome to his mother," he said.

He said Mr Peterson was given special bail earlier this year to attend his sister's funeral in NSW and he returned to jail voluntarily.

The court heard Mr Peterson is facing 15 charges including trafficking meth, possessing meth and marijuana, possessing explosives and possessing a crossbow.

Justice Bond said he was satisfied a list of stringent conditions Mr Peterson would have to abide by would limit his risk of reoffending. This includes living with his mother, reporting to police three times a week and undergoing drug testing.


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