Juniper Group has sold a penthouse in its Soul Surfers Paradise development on the Gold Coast for an Australian record price of $16.85 million.
The $16.85 million unconditional sale for the off-the-plan apartment in the 77-storey Soul Surfers Paradise tower on the Gold Coast eclipses the previous highwater mark for units set when Aussie Home Loans’ John Symond sold his fifth-floor, 660 sqm apartment on Hickson Road, Walsh Bay, for $16.5 million.
Prior to that, radio broadcaster John Laws and Oscar-winning actor Russell Crowe were the owners of Australia’s priciest apartments when they bought in Sydney’s Woolloomooloo Wharf.
Laws and his wife Caroline paid $15 million for their unit in 2005 while Crowe and his wife Danielle shelled out $14.3 million for an upstairs unit in 2003.
Juniper also announced construction of Soul was scheduled to begin in the first quarter of 2007, with preliminary site work planned for December.
By Kathryn O’Meara
