Sun 402 development at Marine Pde Biggera Waters scrapped despite almost selling out

The sun has set on a controversial tower project, despite 90 per cent of its apartments being sold off the plan. Find out what’s happening

Artist impression of the Sun 402 tower planned for a site at Marine Parade, Biggera Waters

The sun has set on a controversial tower project at Biggera Waters, despite 90 per cent of its apartments being sold off the plan.

For more than a year, the site of the 44-unit, 14 storey Sun 402 development has sported signage spruiking the “outstanding” project, which was “90 per cent sold”.

The signage has been quietly removed in the past fortnight, with slick artist impressions swiftly replaced by crudely-painted graffiti.

Sun 402 is no longer advertised for sale online, while its social media pages have also gone dark.

The proposal, by Star Property Group, was on a high-profile site at the corner of Brisbane Rd and Marine Pde at Biggera Waters and due for completion in 2024.

The Bulletin understands the developer was unable to find a builder and that many buyers in the project have demanded their deposits be returned in the past year as the building failed to materialise.

The development was initially called Jade 402 and was to include 72 apartments, as well as a restaurant and cafe, but was slashed to 64 and then 44 units after receiving 21 public objections.

The Sun 402 site as pictured in January 2025.

The site pictured in Feburary 2025. Picture Glenn Hampson

It was approved in 2020 and would have replaced the ageing three-storey Bar View walk-up, which has nine units which are currently tenanted on short-term leases.

Occupants of Bar View were evicted when the development went to market, but the units have since been put back up for rent for between $545 and $640 a week.

The company’s facebook page for the Sun 402 project is still live, but hasn’t been updated since June 2022, when it said the project’s last two bedroom apartment was on sale for $750,000.

The project was planned by developer Star Property Group, which is solely directed by

Sun Liang, whose ASIC-registered address is a modest four-bedroom house in Calamvale.

Star company Jade402 bought the apartments for between $375,000 and $600,000 each in a $3.923 million amalgamation of the property between 2019 and 2021.

The Gold Coast Bulletin has contacted Star Property Group for comment.

The Sun402 development was proposed for the corner of Maine Pde and Brisbane Rd at Biggera Waters.

One buyer, venting about her experience with the developer on social media, said she got her deposit back after “years” of back-and-forth with the developers.

“The last correspondence basically said that they had not yet engaged a builder and the build is not expected now until 2027 and the price will reflect the current building prices at that time,” the buyer wrote.

“See ya’s … thanks for nothing … I got my deposit back.”

Star Property has completed one development, 97-apartment project The Hedge at Buddina on the Sunshine Coast.

Its other ambitions – including two separate high-rise developments at Surfers Paradise – have also fallen by the wayside.

Originally published as Sun 402 development at Marine Pde Biggera Waters scrapped despite almost selling out