Twenty-two apartments overlooking Superbank, from $1.1 million for a two-bedder to six-and-a-half mill for one of the sub-penthouses…
Last summer, the six apartment owners at 1 Petrie Street, Coolangatta, whose modest seventies-era building overlooked the Superbank, sold the whole joint for twelve million dollars to a developer planning a “landmark building.”
The developer is a self-confessed VAL from Brisbane, Paul Gedoun, who“discovered” surfing five years ago at Snapper and who figured, oowee, maybe I’ll just buy the joint.
“I love everything about it and can’t believe I’ve been lucky enough to buy it,” he said.
It ain’t such a bad idea; I would if I could etc.
And the new building, called Flow, a seventy-mill build, will feature a penthouse which Gedoun will keep, and direct access to a footpath that leads to the the Snapper Rocks jump off.

It’s got all the usual markers of wealth, heated pool, daybeds, steam room, gymnasium, personal surfboard locker rooms, fire pit, even a “surfboard preparation room” where, perhaps, locals might be employed to fix their masters’ two-thousand dollar longboards and where lucky children with whisky breath will be free to roam and little dogs sourced from Mexico will be trained to walk on their hind legs.
Here’s the price range.
2 bedroom 100sq.m – 113sq.m from $1,175,000
3 bedroom 160sq.m – 200sq.m from $2,300,000
Oceanic Residences 241sq.m – 289sq.m from $3,150,000
Sub- penthouses 524sq.m from $6,450,000
The sorts of places that send a message to the world that says, and I’m quoting Hannah Mary Rothschild here, “I have time to subcontract all the menial, dull chores out to others… I am time-rich. I can mooch about in a sea of pickled sharks.”

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Is that already converted to USD?
That’s a lot of money to own, essentially, air.
And fine oak floors, Vola taps, Gaggenau ovens etc.
but you can own those things and some good, honest soil beneath them, somewhere else.
I bet he ends up taking a header off the top floor when the BLM squatters move in
MR with impeccable timing
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BLM really terrify you don’t they?
Only the white ones
No thanks.
It’s hard to think of a worse piece of coast anywhere these days.
It’s been fucked up with the worlds detritus for decades and really hit the bottom when they did the sand vacuuming and made the (so-called) superbank.
Full of wankers of the highest order.
Fuck knows why you’d wanna visit the dump let alone live there full time…
Was it utopia when you lived there in 79?
It really was
Great bandrooms
Mushies at pigabeen
Not too crowded
Didn’t need condoms etc
Hahaha
Heck I didn’t go there till ’83 and haven’t been since ’90 and was already turning to crap.
Fun as a young bloke though…
Still fun for young Blokes.
If ya wanna put up with the crowds.
Even then I preferred further north or south.
But as an older bloke I can imagine it’s even worse than Bali, especially to buy a place. (though both places would be great this year without the tourist hordes haha)
It’s God’s waiting room, full of elderly folk shuffling their way to doom.
Lots of ferals loitering at night and in the backstreets.
Basically its fucking shit but weather that can’t be beat and one of the best setups in the world.
You’d be better off buying one of the apartments on Coolangatta Beach though.
Yep, Coolangatta area at night is dodgy as fuck. Walking distance to Tweed brothels though..
Or at the very least pinch some wood and make a bmx jump
Putting my tender in as we speak..
At least they have a nice northerly aspect. Shorts and T shirts all winter long. The stuff dreams are made of. Plus just normally a few crew out to share it with. Go forth and enjoy. Make life long friends. I wonder if it will add another 40 people to the line up on a daily basis or if long term locals (people over 2 years in the area) will step up to the plate. Should be easy to make friends if you are new to the area.
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Bermudas and linen shirts, but yeah.
Maybe you could do the copywrite for the sales ad. You are familiar with the area and know a thing or two about a good party and the apres surf environment. I think you should offer your services.
How about you suffer through my LinkedIn bio: “Derek is a best-selling author and multi-faceted storyteller. His work includes political and celebrity biographies and website creation – concept, written content, marketing and advertising as well as all social content and strategy, including video production. Derek also has the unique ability to take a print magazine from concept to delivery, including all editing and production and sales strategies, on time and on budget.”
Linen pants are too creasy and can’t handle the minimum punishment of opening stubs that are actually pop tops, 4 inches of blunt ash dropped in ur crotch or even an unexpected but particularly violent shart..
50 year old man…copying h&m catalogues. legit cool.
How do you see that lineup and imagine shoe horning yourself into it?
SUP with a tripod 100m offshore, jimmy?
Watcha saying?
so much glass, so little privacy.
Draw the curtains, lift whisky drinking boys out of cage, loose the chihuahuas.
Warm up a plate
I can see you now…. silk robe with one boy pedicuring you, another feeding you grapes as you wait out the low tide Bitchy Crab.
You’ll be the Bunker Spreckles of the Super Bank.
Haha Katz got his hard on’s mixed up over lil Dez!
just trying to motivate the rock dog to follow his heart.