A buyer in an exclusive beachfront apartment building says he’s been dudded by a developer after multi million-dollar contracts in the tower were cancelled at the last minute, despite a billionaire buyer’s planned legal move.
Kathleen Skene follow 3 min read August 19, 2024 - 4:00PM
Gold Coast Bulletin
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A buyer in an exclusive beachfront apartment building says he’s been dudded by a developer after multi million-dollar contracts in the tower were cancelled at the last minute.
Retail mogul Solomon Lew is among five buyers to have settled their apartments at the freshly-completed Dune Main Beach in the past fortnight, with the billionaire having paid $16.5 million for the three-level penthouse.
But, despite the project earlier being publicised as “sold out”, more than half the apartments are yet to settle after developer Andrews Projects invoked the sunset clause on some original buyers.
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