The Victorian Government has secured the passage of the Building Legislation and Treasury Legislation (Tax Relief) Amendment Bill 2026, introducing a suite of reforms aimed at improving consumer protection and confidence in the apartment market.

Resilience Insurance, Australia’s leading Latent Defects Insurance (LDI) provider, has welcomed the move.

The LDI elements of the Bill passed with bipartisan support and now moves to the Legislative Council where debate and passage are expected later this month. It represents a significant milestone in the national shift toward stronger, longer-term protection for apartment buyers.&nbsp;

The reform would deliver practical benefits across the housing system. Apartment owners will have stronger protection if major defects emerge, developers and builders will have a clearer quality framework to work within, and the State will reduce the risk of serious building failures becoming a long-term financial and social burden for households, communities and government.&nbsp;

LDI helps support apartment delivery while providing stronger protection for buyers and encouraging better construction outcomes.&nbsp;

Resilience LDI provides apartment owners with 10 years of insurance-backed cover for major structural defects from completion, with direct claim access to the insurer. This means owners are not required to first pursue developers or builders through costly legal action before accessing protection.&nbsp;

Resilience Insurance has been operating in Australia since 2022 and has already insured hundreds of development projects covering many thousands of apartments across Australia.&nbsp;

At approximately 1.8 per cent of build cost, it is a cost-competitive alternative to the traditional two per cent Strata Bond, bond while delivering significantly broader and longer protection.&nbsp;

“The Victorian Lower House vote shows that reforms like this succeed when they are practical, evidence-based and supported by industry," says Corey Nugent, CEO of Resilience Insurance.

"Victoria is moving quickly on a reform that will make a real difference for apartment buyers, while supporting better building outcomes and greater confidence in apartment delivery.

“This is step one. We look forward to the Bill completing its passage through the Legislative Council and to working with government and industry to implement the framework effectively.”&nbsp;

Fast Facts: What is Resilience LDI?&nbsp;

<ul>
	<li>Resilience Latent Defects Insurance (LDI): Covers major structural defects for 10 years from completion.&nbsp;</li>
	<li>Consumer-first: Direct claim access, no need for lengthy legal action.&nbsp;</li>
	<li>Cost advantage: At approximately 1.8% of build cost, LDI is typically priced below the traditional 2% Strata Bond while offering broader protection.&nbsp;</li>
	<li>Market leader: Resilience Insurance is the first approved LDI provider in NSW.</li>
</ul>

The Building Legislation and Treasury Legislation (Tax Relief) Amendment Bill 2026 has passed the Victorian Lower House, putting Victoria on track to become the first state to legislate an industry workable LDI framework as a formal alternative to the Strata Building bond. 

Joel Robinson

10-year Latent Defects Insurance for new apartment buyers set to land in Victoria

Just a few months after acquiring a prime Broadbeach site on the corner of First Avenue and Surf Parade, family-run developer <a href="https://www.apartments.com.au/developers/raptis">Raptis</a> has filed fresh plans for a new apartment development.

Raptis is seeking to deliver a <a href="https://www.apartments.com.au/new-apartments/17-19-first-avenue-broadbeach-qld-4217">29-storey tower with 73 apartments</a> on the 818 sqm site. It will be the developer's seventh project in the suburb, as they are approaching completion of The Sterling on George Avenue.

There will be a pool, barbecue and outdoor dining area, residents lounge and dining, sauna and steam room, gym, and a Yoga and Pilates studio.

<img alt="Raptis" data-entity-type="file" data-entity-uuid="b554da3f-7344-49aa-b1c9-44cf459af0d7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%2010.41.45%E2%80%AFAM.png?VersionId=zzjWu1iO1wnuYv4EV4fyOyf5nSXjGYut" />

Raptis Joint Managing Director, Evan Raptis, says they remain&nbsp;committed to developing quality infill sites across the Gold Coast in the lead-up to the 2032 Brisbane Olympics.

"This project continues our long track record of delivery in Broadbeach, and we look forward to bringing another premium development to this thriving precinct."

The announcement follows strong delivery momentum for Raptis, with The Sterling Broadbeach nearing completion and construction well underway on the final stage of the Waterpoint community adjacent to Harbour Town. The developer's continued investment in the Gold Coast reflects confidence in the region's apartment market fundamentals, underpinned by sustained Southeast Queensland population growth.&nbsp;

The outlook for the region is further bolstered by infrastructure investment tied to the Brisbane 2032 Olympic Games, which is expected to drive continued economic and population growth across the SEQ corridor.&nbsp;

Subject to a favourable response from Gold Coast City Council, construction on the new First Avenue tower is targeted to commence before the end of 2026.&nbsp;

Read more:&nbsp;<a href="https://www.apartments.com.au/news/qld/it-s-all-in-the-family-four-decades-later-raptis-continues-to-shape-the-gold-coast-skyline">It’s all in the family: Four decades later, Raptis continues to shape the Gold Coast skyline</a>

Read more: <a href="https://www.apartments.com.au/news/qld/raptis-secures-prime-surf-parade-site-for-next-broadbeach-apartment-development">Raptis secures prime Surf Parade site for next Broadbeach apartment development</a> 
&nbsp;

Gold Coast developer brings seventh Broadbeach project to market, targeting construction commencement before year end

First look: Raptis lodges plans for new 29-storey Broadbeach tower 

Brisbane development veteran Kevin Seymour's Seymour Group is set to deepen its presence on one of Brisbane's most tightly held riverfront addresses, lodging revised plans for a luxury apartment development on Oxlade, just a few doors down from The Oxlade, which it completed in 2024.

The <a href="https://www.apartments.com.au/new-apartments/70-72-oxlade-drive-new-farm-qld-4005">new project at 70-72 Oxlade Drive</a>, directly north of The Oxlade, will have 27 apartments across a seven-storey building&nbsp;overlooking the Brisbane River and Merthyr Park. It's a revision from a 2021-approved design.

Designed by bureau^proberts, the project has evolved from the previously approved 26-apartment scheme, introducing an additional penthouse level while maintaining a low-density, boutique character. The development will comprise 26 three-bedroom apartments and a single four-bedroom penthouse, supported by two basement levels with 86 car spaces and 34 bicycle spaces.

The architectural response is centred around two distinct building forms separated by a landscaped open-air atrium.&nbsp;"This dual composition captures and embraces Brisbane’s subtropical environment whilst breaking down built form and scale," the submission to the Brisbane City Council noted.

<img alt="First look: Seymour Group returns to Oxlade Drive with revised riverfront apartment plans in New Farm" data-entity-type="file" data-entity-uuid="c12d84d0-bc11-4067-b46f-5bd2d786a34d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/new%20farm%20landscape.png?VersionId=YEPc2k5CAdh6aAPlu4uVpgZadh4MEfRd" />

A defining feature of the design is a deep landscaped void running through the centre of the building, creating what bureau^proberts describes as a "natural ravine" that enhances airflow, daylight penetration and resident amenity. The design report notes that the separation of the two building volumes is intended to maximise natural light, cross-ventilation and outlook while strengthening connections to the surrounding riverfront setting.

Curved balcony edges, integrated planting and extensive landscaping throughout the façade reinforce the subtropical design approach. The building's façade is softened by elevated gardens and planter beds, creating a green edge that complements the established landscape character of Oxlade Drive and neighbouring Merthyr Park.

New Farm has become one of Brisbane's most sought-after suburbs for developers delivering premium downsizer-focused apartments.

GRAYA has been particularly active in the precinct, completing both Chalk and York in recent years, while construction of Moray House, being delivered for Spyre, is now nearing completion. Architect-turned-developer Joe Adsett recently launched <a href="https://www.apartments.com.au/new-apartments/arcilla-new-farm-by-joe-adsett-28-maxwell-street-new-farm-qld-4005">Arcilla on Maxwell Street</a>, an exclusive collection of just nine apartments.

First look: Seymour Group returns to New Farm's Oxlade Drive with riverfront apartment plans

A new residential tower will be the first piece of a broader mixed-use precinct set to reshape a prominent Newcastle West site, with local developer <a href="https://www.apartments.com.au/developers/gwh">GWH</a> bringing its <a href="https://www.apartments.com.au/new-apartments/cambridge-quarter-newcastle-west-12-denison-street-newcastle-west-nsw-2302">Cambridge Quarter</a> vision to market.

The first release, Tempo, will introduce 87 apartments across a 24-storey tower, marking Stage 1 of the residential component of a larger urban regeneration project planned for the western end of Newcastle's city centre, encompassing the former Cambridge Hotel site.

Positioned on Denison Street, Tempo has been designed as the inaugural building within Cambridge Quarter, a precinct that will ultimately combine apartments, retail activation and revitalised public spaces including the revamping of the Cambridge Hotel.

[smartcode_project:default project_id=135876 project_image_fid=368853]

The tower will comprise a mix of one, two and three-bedroom apartments, including layouts with multipurpose rooms, catering to a broad cross-section of owner-occupiers. Apartment sizes range from around 60 sqm to 192 sqm, with a number of residences oriented to capture views across Newcastle Harbour, the city skyline and coastline.

GWH has emphasised liveability in the design, with open-plan layouts extending to generous balconies and terraces. Residents will have a choice of two interior palettes, while specifications include engineered stone benchtops, SMEG appliances, full-height bathroom tiling and secure building access. Premium upgrade packages will also be available.

Multiple rooftop resident retreats will provide communal outdoor space overlooking the harbour and city, offering an elevated amenity layer above the activity of the precinct below.

[smartcode_project:default project_id=135876 project_image_fid=368851]

The broader Cambridge Quarter vision extends beyond the residential tower itself. Ground-level retail activation and landscaped public areas are planned throughout the precinct, creating a walkable neighbourhood environment connected to the surrounding renewal of Newcastle West. The Cambridge Hotel is also earmarked for future redevelopment into a family-friendly hospitality venue integrated with the new precinct.

The project is strategically positioned within walking distance of Newcastle Interchange, providing access to light rail, regional rail services and direct connections to Sydney. Residents will also be close to Honeysuckle, Newcastle Harbour and the city's beaches and coastal walkways.

[smartcode_project:default project_id=135876 project_image_fid=368852]

For GWH, Cambridge Quarter represents one of its most significant Newcastle developments to date. The locally based developer, which has operated in the Hunter region since 1995, describes the project as a new chapter in the ongoing transformation of Newcastle West.

GWH Executive Director Jonathan Craig said the project had been shaped by a focus on creating lasting community connections.

"We take pride in creating places that last. Spaces where people feel connected, comfortable and a genuine sense of belonging," Craig said.

"Cambridge Quarter is something we are truly proud of, a place shaped by local knowledge, built with care and designed to be part of Newcastle's next chapter."

[smartcode_project_cta:default project_id=135876]

GWH unveils first release at landmark Cambridge Quarter precinct in Newcastle West

<a href="https://www.apartments.com.au/developers/ss-projects">S&amp;S Projects</a>,&nbsp;Rainbow Bay's busiest developer,&nbsp;has officially lodged plans for the largest development in its booming local portfolio, seeking approval for a further 88 apartments on Boundary Street.

The proposal&nbsp;at <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">209–213 Boundary Street, Coolangatta</a>,&nbsp;marks the next chapter in the developer's transformation of the southern Gold Coast beachside precinct. It will be its fifth in the area, having already delivered Flow, Awaken and Esprit, while construction continues on the 38-apartment Radia. The new project would rise 57 metres above a consolidated 1,518 sqm site, on the same street as Radia and Esprit.

&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, the proposed development comprises 88 two and three-bedroom apartments across a contemporary podium-and-tower form that integrates extensive landscaping from street level through to the rooftop.

The tower would be delivered above a basement and multi-level podium accommodating resident and visitor parking, with the residential component commencing from level three. The design incorporates cascading planting throughout the façade, landscaped podium edges, and deep planting zones along the Boundary Street frontage.

<img alt="First look: S&amp;S Projects lodges plans for 88-apartment wellness tower at Coolangatta's Boundary Street" data-entity-type="file" data-entity-uuid="677e6615-b5c0-4b6c-b4f9-efb14fcde1a6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ss%20da%20pers.png?VersionId=YOnPKQm7IFXv0M5H326djEpxk80500Hi" />

A key feature of the development is its expansive rooftop wellness and recreation precinct. Plans reveal a resort-style pool deck, gymnasium, sauna, steam room, hot and cold plunge pools, rooftop terraces, barbecue areas and landscaped relaxation spaces positioned to capture views across the southern Gold Coast coastline.

The rooftop wellness focus builds on the vision S&amp;S Projects first outlined when it acquired the site for $20.25 million last year.

"We are taking every advantage to create a truly unique rooftop wellness experience with a natural feel for residents, offering stone features throughout and an underlying theme that emulates a botanical garden," S&amp;S Projects founder and director Paul Gedoun said at the time.

The proposal seeks a 57-metre building height, representing a 50 per cent uplift on the site's mapped 38-metre height limit. Planning documents argue the additional height is consistent with recently approved and emerging towers in the immediate Boundary Street and Rainbow Bay precinct.

Urbis, acting as planning consultant, said the development would provide "88 dwellings, comprising a mix of two and three-bedroom apartments, contributing to housing choice and supply within an established medium to high-rise coastal urban neighbourhood."

The scheme has undergone extensive pre-lodgement consultation with the City of Gold Coast, with the design refined following feedback relating to architectural expression, landscaping, traffic access and podium treatment.

<img alt="S&amp;S" data-entity-type="file" data-entity-uuid="0a2d70fd-62ac-4b83-97c6-b798fc1243dd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%209.16.31%E2%80%AFAM.png?VersionId=yHmghUwKM3IVGpBktQU1mE.0Lpf3WimG" />

The architectural team is led by Brisbane-based Cottee Parker, one of Australia's most active residential design studios, with landscape architecture by Dunn + Moran. The consultant team also includes ADG Engineers, Windtech and Acoustic Works.

S&amp;S Projects has become one of the most influential private developers operating on the southern Gold Coast. Since entering Rainbow Bay in 2022, the company has assembled a portfolio exceeding $1 billion in end value, establishing itself as a key player in the area's evolution into a premium apartment destination. Pezet Matheson will again handle the sales for S&amp;S.

Coolangatta is entering another wave of apartment development, following the delivery of several prominent residential projects in recent years.

John Kearney's Immerse Projects will launch&nbsp;<a href="https://www.apartments.com.au/new-apartments/kaiya-kirra-beach-5-haig-street-coolangatta-qld-4225">Kaiya on Haig Street</a>&nbsp;soon, meanwhile, Palm Beach-based Sherpa Property Group is preparing to bring its debut Coolangatta development, <a href="https://www.apartments.com.au/new-apartments/flourish-viver-87-griffith-street-coolangatta-qld-4225">Flourish Viveré</a>, to market later this year, subject to approvals.

First look: S&S Projects proposes 88-apartment wellness tower at Coolangatta's Boundary Street

Mooloolaba

The recently completed Mooloolaba apartment development, Picasso, has been etched with a piece of artwork on its striking facade.

The contemporary sold-out project&nbsp;by local developer&nbsp;Cube Developments, features artwork created by local artist Timothy Birch.

<a href="/new-apartments/1-naroo-court-mooloolaba"><img alt="" height="4000" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/timothy_birch_-_holding_on_-_picasso-54.jpg" width="2667" /></a> 
Image of the aptly-inspired artwork on the Picasso apartment building. Credit: Tim Birch

An ode to the natural beauty of the Sunshine Coast that surrounds the newly built formation, Birch said he wanted to create a statement with a deeper meaning of unity for the community.

Capturing the textures from the surrounding landscapes such as earth, ocean and atmosphere, the artwork &lsquo;Holding On&rsquo; uses connected line work that speaks to the style of Picasso, reflecting the way he interpreted images to his canvas.

&ldquo;The Sunshine Coast is going through a huge growth period right now and I was really excited to have an opportunity to leave a mark in an area that I have spent so much time in,&rdquo; said Birch.

&ldquo;Holding On is about respecting the elements that make this coast what it is. Our region is going through so much rapid change it was important to me to capitulate our resilience to hold onto the natural beauty of our coast that surrounds new built formation.&rdquo;

[smartcode_project:default project_id=8370 project_image_fid=180893]

The views of the mountains, ocean, bush and a large viewpoint of the setting sun wer&nbsp;inspirations for Birch, who wanted to draw on the colours from those elements for the overall concept of the building.

&ldquo;Picasso aims to showcase the brilliance of design, matched by the stunning natural environment that surrounds it. Using small amounts of bright colours was critical in creating a piece visible to thousands of people daily, both driving and walking by,&rdquo; Birch noted.

A Sydney born creative and with ten years in the industry under his belt, Birch&rsquo;s public art influence stemmed from an era where pop art was heavily ingrained in surf culture.

&ldquo;I like to find the divide between pop art and the natural landscapes surrounding it. I believe it&rsquo;s early days for public art in the Mooloolaba area, but it&#39;s slowly getting there. I&rsquo;m hoping this artwork creates momentum to commission other opportunities that pop up for artists in the area. Simply put, art is good for the soul. It has the ability to bring communities together.&rdquo;

[smartcode_project:default project_id=8370 project_image_fid=180896]

Cube Developments Director Scott Juniper said there is so much potential for artwork in the Sunshine Coast area and said they look forward to pioneering this space on relevant Cube projects.

&ldquo;We&rsquo;re thrilled with the end result of Tim&rsquo;s work and feel it enhances the elegant build of Picasso. It&rsquo;s a special mural that residents can be proud to come home to and we look forward to future art opportunities with Tim,&rdquo; Juniper said.

The seven-storey architecturally designed&nbsp;Picasso comprises just 12 three-bedroom&nbsp;apartments, located 200-metres from the beach.

Construction is now complete on the project, with settlement occurring&nbsp;in the coming weeks.

[smartcode_project_cta: project_id=8370]

The artwork ‘Holding On’ uses connected line work that speaks to the style of Picasso, reflecting the way he interpreted images to his canvas.



alisonwarters@gmail.com

The Picasso-inspired artwork at Cube’s Mooloolaba apartment project

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Construction has commenced on Picasso, the Mooloolaba apartment project by Cube Developments.

The $12.5 million development a stone's throw from Mooloolaba Esplanade comprises 12 apartments across seven storeys.

Nine of the 12 apartments have already been snapped up by local and interstate buyers, with 30 per cent hailing from Victoria and New South Wales, a trend which Cube Development director Scott Juniper says is a trend that has held true across the entire portfolio.

"The after-shock of COVID has all but settled ​with those once in a lifetime decisions now imminent,” Juniper said.

The project has captured the interest of buyers of second dwelling, with owner-occupiers the next highest category of shopper.

[smartcode_project:default project_id=8370]

Juniper believes the rapid success in sales of the project is down to its relative affordability and vantage in the sought-after Sunshine Coast pocket.

“There hasn’t been a boutique project like Picasso released in the area in a number of years, so this is a rare opportunity for buyers to purchase new in the area,” Juniper said.

“The vantage at Mooloolaba is unrivalled - just 200 metres from the patrolled beach, and a short walk to the new entertainment and dining district at the wharf.”

“This all contributes to creating a lifestyle around the precinct that is unlike any other,” Juniper added.

Of the three remaining apartments is a three-bedroom sub-penthouse valued at $1.95 million, featuring its own sky-high, private infinity pool.

Spanning the whole of the sixth floor, the near 290 sqm apartment also features a wine cellar and four balconies, with ocean glimpses from the main.

The other two three bedroom apartments are priced at $935,000 and $995,000. They each have two balconies and a kitchen with stone bencht ops and Smeg appliances.

“The expansiveness of the apartments and size of the bedrooms - comparative to what you could expect in a residential house - is what has set these apartments apart in the current market,” Juniper said.
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The $12.5 million development a stone's throw from Mooloolaba Esplanade comprises 12 apartments across seven storeys.

VIC and NSW buyers take slice of Cube Development's Mooloolaba project Picasso

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Billed as the best boutique residential complex on the Sunshine Coast, a penthouse in the Tangalooma Residence has been listed for sale at $7.4 million.

The whole floor space boasts over 550 sqm space with house like proportions on River Esplanade.

There are four bedrooms, all with walk-in wardrobes and ensuited bathrooms.

It comes with two master suites, situated at either end of the space.

There are two very separate lounge areas, a family room and home cinema along with a large executive office.

The kitchen comes with butler's kitchen and an internal bar.

The adjacent outdoor kitchen has refrigeration, stainless steel BBQ and wet area.

Facing east over a deep water position on the banks of the Mooloolah River, the apartment is serviced by its private lift from the garage for up to four cars.

All four apartments come with private lift.

Simon Guilfoyle at G1 Property and Tony Rich of Rich &amp; Partners are conducting private appointment over summer but only with eligible purchasers.

Earlier this year there was a $5.4 million sale of the ground floor apartment in Tangalooma.

It included a private marina berth, waterfront pool, and a five car garage.

With striking architecture, the ground floor space comes with 200 sqm of outdoor entertaining space.

Last year the complex won the HIA Apartment Complex of the Year and Apartment of the Year at the 2019 awards have been completed in late 2018. 

Tangalooma was developed by local builder Laz Dzufer, who with his partner Grant Kennedy, is now undertaking another premium apartment project in an absolute waterfront location, Botanica Riverside featuring only 16 apartments over eight levels with each residence 310 sqm in size with initial pricing starting at $2.4 million.

It's website suggests more than 60% of the development has been sold
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Billed as the best boutique residential complex on the Sunshine Coast, a penthouse in the Tangalooma Residence has been listed for sale at $7.4 million.

jchancellor

Sunshine Coast penthouse in Tangalooma Residence listed at $7.4 million

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A waterfront residence situated in the heart of Mooloolaba, Queensland has been sold for $4.275 million. 
It was sold by Richard Scrivener and Loren Wimhurst of Next Property Group Maroochydore. 
Sitting on a 728 sqm lot, the <a href="https://www.realestate.com.au/sold/property-house-qld-mooloolaba-133890230" target="_blank">36 Culbara Street </a>home comes with a 30m water frontage. 
It comprises three bedrooms, two bathrooms and double garage. 
The home was last sold in 2005 for $2.65 million. 
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j.ballantyne1990-6AQqhLzZaK

Waterfront Mooloolaba trophy home sold  

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A penthouse apartment in Mooloolaba's beachfront Esplanade residential building has been sold for $3.95 million. 
The three bedroom, three bathroom home is located at <a href="https://www.realestate.com.au/sold/property-unit-qld-mooloolaba-130168170" target="_blank">87 Mooloolaba Esplanade</a>. 
Located on level 9, the 902 apartment offers office, media room, separate laundry and gourmet kitchen. 
Other features include power room and balcony frontages on the Mooloolaba Esplanade. 
The residential building only has 24 lots.
Simon Guilfoyle of G1 Property Mooloolaba made the listing. 
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Beachfront Mooloolaba apartment sold for $3.95 million

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A Mooloolaba riverfront home with water views has been sold for $5.13 million. 
The five bedroom, four bathroom house is situated at <a href="https://www.realestate.com.au/sold/property-house-qld-mooloolaba-125525726" target="_blank">41 Carwoola Crescent</a>. 
Loren Wimhurst and Richard Scrivener of Next Property Group Maroochydore sold the architectural home.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/2/5/mooloolaba%204.jpg" alt="">
Set on an 807sqm block, the home features two separate living zones, master suite with riverfront balcony access, gourmet kitchen and covered alfresco area. 
Other highlights include private 21m pontoon, in-ground pool, private boat ramp and 7 vehicle garage. 
<img src="https://www.urban.com.au/images/2020/2/5/mooloolaba%203.png" alt="">
The home is within close proximity to beaches, restaurants and Mooloolaba Esplanade. 
It was last sold for $2.2 million in 2004.
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Riverfront Mooloolaba trophy home sold for $5.1 million

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A retail investment on four lots with a pharmacy anchor tenant in Mooloolaba, Queensland has hit the market.
The property at <a href="https://www.propertyobserver.com.au/https://raywhitecommercialnoosasunshinecoastnorth.com/properties/commercial-for-sale/qld/mooloolaba-4557/retail/2155172" target="_blank">Ground Floor/77 Mooloolaba Esplanade</a> comes with 401 square metre of total building space,
Situated within the tightly-held retail strip, the sites can be purchased individually or in-one-line.
The properties have been listed for sale via expressions of interest by Ray White Property Consultants Matt Marenko and Louisa Blennerhassett.
The Mooloolaba Beach Pharmacy was a local institution and had operated on Mooloolaba Esplanade since the 1950s.
"The four separate titles provide the opportunity to split the space in the future, but currently, the asset produces $373,360 per annum net income with a fixed four per cent annual increase," Marenko said. 
"The building has also recently received an upgrade to the external façade and paving."
The Mooloolaba Beach Pharmacy comes with a lease until 2027, with options up until 2034.
Mooloolaba Osteopathy and Massage Clinic occupy the balance with a lease up until December 2021, which commenced in 2011, with an option until 2026.
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Tenanted Mooloolaba retail investment hits the market

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A Mooloolaba home that is believed to have been visited by legendary actor Sean Connery has been listed for sale.
The visit was during the Cilento family ownership of the home known as the Butterfly House.
The ABC suggested Diane Cilento visited the folks on one occasion with Sean Connery when they were married.
The <a href="https://www.realestate.com.au/property-house-qld-mooloolaba-126438474" target="_blank">1950s charmer</a> at 135 Buderim Avenue, Mooloolaba with retro fittings and stylings last traded for $476,000 in 2013. When it was first listed last year it had price hopes of $1.29 million after a full-scale renovation.
Before its 2013 sale it hadn't changed hands since 1977.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/1/9/butterfly2.jpg" alt="">
The home has four bedrooms and three bathrooms. An indoor outdoor entertaining area comes with polished concrete floors and a vergola roof.
Jordan Barden at Define Property is marketing the Buderim Avenue home.
 
 
 
 
 
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Mooloolaba's Butterfly House once owned by the Cilento family listed

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The trans Pacific businessman David Mackay - who briefly headed the McGrath Estate Agents group - and wife Michelle are selling their Mooloolaba apartments in the Sirocco development near the Gold Coast.
The couple, who commute between the US and Australia, <a href="https://www.realestate.com.au/property-apartment-qld-mooloolaba-126239730" target="_blank">bought in the block in 2005</a>.
G1 Property Mooloolaba agent Simon Guilfoyle is marketing all three apartments.
Mackay has been the chief executive of US giant Kellogg Company before retiring in 2011.
A year later he joined Woolworths as a director before departing in 2015.
In the US Mackay sits on the boards of Fortune Brands Homes &amp; Security and coffee company Keurig Green Mountain. 
This article first appeared in The Weekend Australian Mansion Australia section.
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firstname1-iYD4UYzvBa

Former Kellogg chief executive David Mackay lists in Mooloolaba

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Our 225 Federal politicians own a staggering $370 million worth of property, but the Liberal Party Queensland political Andrew Laming is getting rid of one of his.
There's now a <a href="https://www.fnmooloolaba.com.au/buy-residential-real-estate/apartment-unit-mooloolaba-qld-11445100857" target="_blank">reduced price on the Mooloolaba investment</a> property just a month into its listing.
It started at $405,000 through First National Mooloolaba agent Suzanne Annabel with the price dipping to $395,000.
The apartment cost Laming $235,500 off the plan in 1999, settling on the one bedroom, fifth floor apartment in the Mooloolaba International building a year later.
The 58 sqm apartment has a north facing balcony looking across the manicured gardens to the Pacific Ocean.
Andrew Laming, who has represented Bowman since winning the seat at the 2004 election, retains a home at Thornlands and a Canberra investment too.
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