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Iconic Mooloolaba Esplanade development site set for fresh new look
22 March 2010 Iconic Mooloolaba Esplanade development site set for fresh new look
The off-market multi-million dollar sale of an approved development on an iconic Mooloolaba Esplanade site was further evidence of growing confidence in prime luxury property located within the beachfront lifestyle hub between Brisbane Road and Whalan Street, Mooloolaba.
That's the view of Mooloolaba's leading realty expert, G1 Property's principal Simon Guilfoyle, who along with G1 Property commercial specialist Bob Stewart, has successfully closed the sale of the former $70 million Signature 87 beachfront property site previously owned by highly respected Queensland developers, Graeme and Shaun Juniper.
Mr Guilfoyle said "that first-class mix-use development sites in South-east Queensland are rare and to sell this unique site with 30-metre north-east facing frontage in the heart of one of Australia's best boutique real estate Esplanade's sets another Mooloolaba record for G1 Property."
"This is one of the most exciting projects that we have been involved with and represents an unmatched off the plan opportunity in terms of what is planned for this iconic site that is right in the heart of a world class coastal lifestyle hub," Mr Guilfoyle said.
Mr Guilfoyle said "my purchaser of the site, Leadbetter Property Developments has, amongst other strategic property holdings, a long association with successful Mooloolaba property investments and would be making an announcement in the near future about the new development."
The development will deliver a new visionary interpretation of contemporary coastal architecture and style, along with a new name with a mix of spacious luxury skyhomes and apartments from two per floor to three per floor and a variety of boutique retail shops.
Mr Guilfoyle said "seasoned Mooloolaba purchasers are registering their interest early ahead of the development's official launch later in the year as they recognise that this exclusive opportunity is limited."
"The updated building design for this landmark mix-use residential site will be unrivalled compared to the typical residential buildings currently on the Esplanade and this will set a benchmark for this beachfront Esplanade," Mr Guilfoyle said.
"This site has great connectivity with the area's beachfront lifestyle and represents the opportunity for a prime luxury property acquisition that represents very astute buying," he said.
G1 Property was selected as a finalist in the 2010 REIQ 'Awards for Excellence' - Medium Residential Agency of the Year category.
Permanent Link: Iconic Mooloolaba Esplanade development site set for fresh new look
Publish Date: 22 Mar 10
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