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.”