Buyers in the troubled Midwater tower fear delays caused by a battle between the developer and builder will see them lose the beachside apartments they’ve waited years to move into. Here’s why
Kathleen Skene follow 2 min read September 5, 2024 - 6:00AM
Gold Coast Bulletin
Buyers in the troubled $100 million Midwater tower fear delays caused by a battle between the developer and builder will see them lose the beachside apartments they’ve waited years to move into.
Many buyers signed contracts of around $1.1million for two-bedroom apartments – with larger apartments priced up to $8 million – in 2021.
Unit prices in Main Beach have swelled by as much as 88 per cent since then, meaning the 119 Midwater apartments are potentially worth..
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