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Strong off-the-plan sales for luxury Gold Coast development

Nila Sweeney
Nila SweeneyReporter

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Off-the-plan buyers snapped up 80 per cent of a prestige high-rise development in the Gold Coast's Burleigh Heads Esplanade last Saturday, defying jitters about the impact of the coronavirus on the market.

The $77 million Natura beachfront development launched by Brisbane-based Spyre Group racked up more than $50 million in sales spread over 25 apartments worth more than $2 million apiece on average.

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Nila Sweeney writes on property from our Sydney newsroom. Email Nila at nila.sweeney@afr.com.au

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    Original URL: https://www.afr.com/property/residential/strong-off-the-plan-sales-for-luxury-gold-coast-development-20200310-p548mn