Evan Raptis snaps up units in low-rise in Broadbeach on Gold Coast

Evan Raptis, who’s teamed with dad Jim in private apartment tower projects, might have set out to put a development site together in Broadbeach’s Chelsea Ave.

RAPTIS BUYS UP UNITS IN BROADY LOW RISE

EVAN Raptis, who’s teamed with dad Jim in private apartment tower projects, might have set out to put a development site together in Broadbeach’s Chelsea Ave.

The 32-year-old Evan has bought two apartments in four-title low-rise Avalon Court, spending $880,000.

Raptis is building a 21-storey building on Second Ave.

The building is on a 607sq m site and is not far away from The Gallery, a 21-level building the Raptis camp has well under way in Second Ave. 

SOVEREIGN PROPERTY BIG GUNS COMBINE FORCES

THE two biggest property owners on the Sovereign Islands, the camp of billionaire Clive Palmer and the Matthew Malec family, have been doing a spot of business together.

The Malecs, who in quick time built a $20 million portfolio of Sovereign property, have sold a 704 sqm site in King Arthurs Crt to billionaire Clive for $1.7 million.

Clive Palmer is doing deals with the Matthew Malec family.

The sale was a profitable one for Malec company The Development Collection – it paid $1.3 million for the land last May.

SWINGS AND ROUNDABOUTS FOR SAFARI SALE

THINGS appear to have swung off-track for the Chinese owner of the Surfers Paradise property that until 2014 was home to the Swingin’ Safari nightspot.

 The 916 sqm main-street site, approved for a 139-title tower, was put under contract to a Melbourne buyer late last year for close to $5 million.

The former Swingin' Safari site in Surfers Paradise is back on the market.

The transaction, due to settle in January and with building to start ASAP, didn’t happen and the property’s back on the market.