One of the most significant beachfront projects ever proposed for the small suburb of Miami on the Gold Coast, has taken a major step forward.&nbsp;Monaco Property Group has secured approval for <a href="https://www.apartments.com.au/new-apartments/nalu-miami-122-marine-parade-qld-4220">NALU</a>, a $500 million development comprising just 45 ultra-luxury residences on the iconic former Nobby’s Outlook site.

Acquired by <a href="https://www.apartments.com.au/developers/monaco-property-group">Monaco Property Group</a> in 2024 for $70 million, the rare 7,238 sqm Marine Parade parcel boasts more than 80 metres of uninterrupted ocean frontage.

With approvals now secured, Monaco Property Group will move NALU into its delivery phase. The project has been designed by&nbsp;<a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, who collaborated with&nbsp;<a href="https://www.apartments.com.au/landscape-architect/ldg-landscape-architecture">LDG Landscape Architecture</a> and <a href="https://www.apartments.com.au/interior-designers/tom-mark-henry">Tom Mark Henry Interiors</a>&nbsp;to create the low-rise building, its landscaping, and interiors.

<img alt="NALU" data-entity-type="file" data-entity-uuid="3fdf578e-7cc4-4b17-bbc2-ba853522a5d8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/122_Marine_Parade_002.jpg?VersionId=zFhJWVzX0jmCO.5iIIxNELImHesTjWS4" />

Residences will range from 237 sqm layouts to beachfront homes exceeding 1,400 sqm.

At the heart of the project is a 2,200 sqm lifestyle precinct with a bathhouse, fitness centre and resort-style pool, elevated by a concierge service.

Jonathan Grasso, Co-Founder of Monaco Property Group, said the council approval marks an exciting milestone for NALU, which will launch in Q1 2026.

“The project will now progress toward construction, working alongside our world-class collaborators to bring NALU to life," Grasso said.

“Our vision is to create a legacy project for the Gold Coast, one that not only honours the history of the site but also elevates its future, setting a new standard for coastal living in Australia. NALU embodies the pinnacle of design and location and will stand as an enduring icon of prestige and liveability.”

<img alt="NALU" data-entity-type="file" data-entity-uuid="6ae8545b-87ca-4dea-90ed-ac273ec6515d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Image7.jpg?VersionId=Wnmie4bu3x2WQonnG4Pwmh39NdZVKeOV" />

Originally developed in the 1970s as Nobby’s Outlook and later refurbished in 2019 as Nalu, the property has long held a place in the local community’s coastal identity. The new vision will build on this legacy, creating luxury residences that capture ocean views while fostering a lifestyle defined by wellness, connection, and ease.&nbsp;

Beyond its residential offering, NALU will deliver significant economic benefits to the Gold Coast through job creation and opportunities for local suppliers and contractors. Construction is anticipated to commence in early 2026, with completion expected in Q3 2028.

Joel Robinson

Monaco Property Group approved for $500 million NALU apartments on Miami beach

The most elevated residential tower in Palm Beach, <a href="https://www.apartments.com.au/new-apartments/corallo-palm-beach-5-palm-beach-avenue-palm-beach-qld-4221">Corallo</a>, has officially launched this week, however only a handful of buyers will have an opportunity to buy in to the 17-storey project.

The $200 million mixed-use project includes ground floor dining and retail and is considered so valuable its developer, <a href="https://www.apartments.com.au/developers/changfa-group">Changfa Group</a>, will be staging its release of one-, two- and three-bedroom apartments and penthouses to the market.

[smartcode_project:default project_id=112194 project_image_fid=806]

<a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a> International, Director, David Higgins, said the development’s location just metres from the beach on the corner of Palm Beach Avenue and the Gold Coast Highway influenced the sculptural design by the acclaimed Plus Architecture studio.

“<a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a> locals understand the rare opportunity here at Corallo, particularly being the tallest building in the suburb and its proximity to the beach and local restaurants, and they’ve represented the bulk of pre-launch enquiries,” Higgins said.

“The orientation of the apartments captures views of the coastline from Surfers Paradise to Currumbin, and the diversity of floor plans and apartment types provide an exceptional level of choice.

“The first release includes just 59 one-, two and three-bedroom apartments and two half-floor penthouses, with flexible use designed to appeal to both owner-occupiers and investors."

&nbsp;

[smartcode_project:default project_id=112194 project_image_fid=799]

In addition to the ground floor amenity, residents will also have access to a private dedicated wellness level offering 734 sqm of resort-style amenities including a pool, cold plunge, wet deck, steam room, sauna, gym, day bed, fire pit, barbecue area, dining area and yoga/stretch deck.

The project is located within walking distance of Tallebudgera Creek, Burleigh Heads village, Currumbin Alley and Palm Beach Currumbin High School. The Gold Coast Airport is under 10 minutes away.

[smartcode_project:default project_id=112194 project_image_fid=814]

Higgins said Palm Beach remained a hotly contested suburb for home buyers, with prices doubling in the past five years.

“What makes Corallo so appealing to the local market is the diversity of apartment types and pricing, with one-bedroom apartments starting from $841,000 and two-bedroom apartments starting from $1.34 million,” he said.

“The ground floor retail and dining offering will further expand on Palm Beach’s village atmosphere and create a meeting place for locals, and those opportunities for connection are highly valued.”

&nbsp;

[smartcode_project:default project_id=112194 project_image_fid=807]

The on-site sales display, which includes a fully fitted kitchen, bathroom and bedroom, will be open until early works commence in Q1 2026. Each residence at Corallo will feature premium finishes including natural stone, artisanal brickwork, and warm copper accents.

Changfa Group has a two-decade history of delivering premium developments in Australia and internationally, having recently completed its collection of premium townhomes at Lyra, Hope Island, as well as apartment projects in Leichhardt, Carlingford, and Chatswood in New South Wales.

[smartcode_project_cta:default project_id=112194]

$200 million Corallo Palm Beach launches with limited apartment release

In a move that aligns with NSW's accelerated planning incentives for affordable housing, developer&nbsp;<a href="https://www.apartments.com.au/developers/the-one-collection">One Collection</a> has revised its Hills District apartment plans, and taken it to the NSW Government, to secure approval.

The developer, which is currently delivering Horizon Hurstville, is seeking to add 80 more apartments to its <a href="https://www.apartments.com.au/new-apartments/the-one-castle-hill-16-dawes-avenue-nsw-2154">Castle Hill development</a> near Castle Towers. They already have approval for 280 apartments across eight six-storey buildings.

<img alt="One Collection" data-entity-type="file" data-entity-uuid="b3c298ba-1cc5-4db7-9872-607c75f8ceca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.22%E2%80%AFAM.png?VersionId=wN9KpFIu5ENSGZLLsaZgXQHrXcwEO3Vd" />

Now on the desks of the NSW Department of Planning is 360 apartments, 48 of which will be dedicated to affordable housing.&nbsp;Affordable housing is to be “fully integrated within the building and visually indistinguishable,” according to the planning submission.

The 15,697 sqm block, an amalgamation of 16 sites, spans across Dawes Avenue, Hughes Avenue, and Camdan Crescent, sits 550m from Hills Showground Metro Station.&nbsp;

"The existing context is quickly changing from free-standing homes into residential flat buildings in line with the Hills Showground Precinct planning framework," Place Studio noted.

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="3ec24948-c185-48fa-af8b-ed25adf302bf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.04%E2%80%AFAM.png?VersionId=zNDX.IeRROX1RlDeYcS38xn8w_dqgU2t" />

They said the design was informed by the site's unique condition of having three street frontages and was developed to to respond sensitively to iots surrounding context.

"The design adopted a conventional perpendicular alignment to the primary street frontage. The massing of the development was carefully modulated to align with the evolving character of the neighbourhood. The design ensured that the scale was not excessive or out of context, but instead contributed to a cohesive urban form consistent with emerging developments in the area."

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="f83ffdaa-f960-469d-b6fe-abcece57c9ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.09%E2%80%AFAM.png?VersionId=4oKlCyfaKes7jLi1_EMoqa46w2h_YvDZ" />

The apartment mix will be 46 one-beds, 168 two-bed apartments, and 146 three-bedroom units, with 631 parking spaces proposed.

Along the street frontages, the building heights are four storeys with a 7.5 metre setback, and eight storeys with an 11.5 metre setback. It should cost about $150 million to build.

One Collection works hand-in-hand with the respected development and construction firm Masscon, which has built a reputation for leveraging its expertise in the built environment to take on developments others can't. That's what they're achieving at Horizon Hurstville, having taken over the project to deliver it.

First look: One Collection advances plans for Castle Hill apartments

At Yarra’s Edge, <a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a>’s newest tower under construction, <a href="https://www.apartments.com.au/new-apartments/trielle-at-yarra-s-edge-docklands-16-point-park-crescent-docklands-vic-3008">Trielle</a>, sets a new benchmark for elevated living. Rising 45 storeys, 12.5 metres from the Yarra River, the landmark building offers residents access to a private wellness retreat and spa, a resident-only golf simulator, and an elegant lounge, dining and bar complete with a self-playing piano, all without ever having to leave home.

Now, that sense of elevation has reached new heights with the Aerus Sub-Penthouses, a limited release of half-floor riverfront residences on the Collins St axis where the sought-after street meets the Yarra River.

Each Aerus Sub-Penthouse, located across levels 42 and 43, represents the most expansive offering within Trielle, aside from the yet-to-be-revealed crowning penthouses. Spanning between 269 and 301 sqm, these residences are designed to capture natural light and uninterrupted views of the city skyline, Yarra River, and Port Phillip Bay.

[smartcode_project:default project_id=114216 project_image_fid=3784]

Among the collection are three-bedroom sub penthouses, complemented by a media room, and expansive four-bedroom layouts. All include panoramic living areas and oversized master suites with luxury ensuites reminiscent of a five-star hotel, complemented by dedicated dressing rooms finished in timber and natural stone.

The interiors have been crafted by <a href="https://www.apartments.com.au/architects/mirvac-design">Mirvac Design</a>, the developer’s award-winning in-house architecture and design team. Every material has been chosen for quality and longevity, from sculpted stone island benches with feature soft wash LED lighting to bespoke joinery and chevron timber oak flooring.

Kitchens are fitted with a BORA induction cooktop with integrated downdraft extractor, alongside Gaggenau appliances, including a fridge, freezer, and wine fridge. The adjoining butler’s pantry incorporates the exclusive Gaggenau Minimalistic Series including oven, steam oven, microwave, coffee machine and warming drawer, all concealed behind handleless glass panels for a clean, integrated presentation. Bathrooms feature custom Apaisar freestanding baths and basins and natural stone benchtops, continuing Mirvac’s design emphasis on tactile, timeless materials.&nbsp;

<img alt="Trielle at Yarra's Edge, Docklands" data-entity-type="file" data-entity-uuid="c00be724-b0f1-47c0-afed-54f829870704" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aerus%20sub-penthouse.png?VersionId=Uktd61kpLSqNjwJeDFs7IaZ3xgLlDQmu" />

Michael Wiener, Design Director at Mirvac, says The Aerus Sub-Penthouse embodies the apex of Mirvac’s design ethos.

“Moving through your home is like walking on air - a private sanctuary where the craftsmanship is refined, the proportions generous, and the flow so effortless, you feel completely at ease in the sky,” Wiener says.

“In Aerus, we wanted to create a sense of weightlessness - a home that feels suspended in the skyline, full of light, grounded in luxury.”

[smartcode_project:default project_id=114216 project_image_fid=3777]

The Aerus Sub-Penthouses are expected to attract a mix of local and international buyers seeking a long-term residence of scale and quality in a riverfront setting, from returning expats to established families and business owners who value privacy, craftsmanship, and convenience within walking distance of the CBD.

With an unmatched suite of amenities, Trielle is the most extensively appointed development Mirvac has created to date at Yarra’s Edge. Within the tower will be The Oasis, a 900 sqm podium rooftop wellness retreat designed in collaboration with spa expert Naomi Gregory. Located seven storeys above the Yarra River promenade, it features a 25-metre lap pool, spa and sauna, hot magnesium spa, biophilic gym, yoga and Pilates studio, cold-pail contrast treatment, and day spa treatment rooms. Further amenities include a piano lounge, bookable dining room, cinema room, golf simulator studio, games room, teppanyaki bar, dog wash bay, and two flexible work hubs, The Biblioteca library and Mills Place office space, catering to residents’ evolving lifestyle needs.

Construction of the $350 million tower is underway through Mirvac’s in-house construction arm, with completion anticipated for mid-2027.

[smartcode_project_cta:default project_id=114216]

Sky-high sanctuaries: Mirvac unveils The Aerus sub-penthouses at Trielle

<a href="https://www.apartments.com.au/developers/jwland-development">JWLand</a>’s De Burgh, the final residential release within the Northbourne Village precinct in Lyneham, is nearing completion just as the Federal Government’s Home Guarantee Scheme prepares for its most significant expansion to date.&nbsp;

From October 2025, the scheme will allow first home buyers to enter the market with just a five per cent deposit and no lenders mortgage insurance (LMI), removing some of the most common barriers to ownership.

With <a href="https://www.apartments.com.au/new-apartments/de-burgh-at-northbourne-village-40-de-burgh-street-lyneham-act-2602">De Burgh</a> on track for residents to move in by late spring 2025, the timing creates a strong opportunity for first home buyers seeking brand-new apartments in Canberra’s sought-after Inner North.&nbsp;

[smartcode_project:default project_id=139989 project_image_fid=212888]

The project delivers 350 residences across two buildings, with layouts ranging from compact studios through to one, two, and three-bedroom apartments.

JWLand has tailored the development for long-term liveability, integrating natural light, privacy and outdoor space into each home. Ground-floor residences feature private courtyards, while upper levels benefit from generous balconies.

Kitchens are fitted with Fisher &amp; Paykel appliances, and all apartments include ducted reverse-cycle air conditioning with smartphone app control for lighting and climate.&nbsp;

Shared resident facilities include a rooftop garden, gym, lounge and parcel lockers, alongside landscaped green space within the precinct.

[smartcode_project:default project_id=139989 project_image_fid=267376]

For buyers, the expanded Home Guarantee Scheme removes income caps and introduces unlimited places, making it more accessible than ever. With most De Burgh apartments priced under $1 million, they fall well within the updated eligibility thresholds.

The policy changes provide first home buyers with greater certainty and a smoother path to finance. Combined with the quality and location of De Burgh, the expanded scheme is expected to draw a new wave of buyers to Canberra’s Inner North.

Residents will benefit from the project’s central setting, just 600 metres from the light rail and three kilometres from Canberra’s CBD. The precinct is bordered by the <a href="https://www.apartments.com.au/developments/lyneham-act-2602">Lyneham</a> wetlands and sits within easy reach of cafes, restaurants, schools and the ANU.

With completion scheduled for late 2025, De Burgh is set to be among the first major apartment projects to meet the expanded scheme head-on, offering first-time buyers a realistic pathway to ownership in one of Canberra’s most connected neighbourhoods.

[smartcode_project_cta:default project_id=139989]

JWLand’s De Burgh aligns with expanded Homebuyer Scheme, opening doors for first home buyers in Canberra’s Inner North

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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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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