Rainbow Bay back on the map

Written on the 8 June 2010

CONSTRUCTION has started on a $20 million Maili apartment project by Nu Developments, just 100m from the famous Rainbow Bay and Snapper Rocks beaches.

The centrally located project is situated on a 1425sqm site and comprises four exclusive townhouses with their own plunge pools, five luxury one-per-floor sky homes and two multilevel premier penthouses in a 10-storey tower.

Renowned Tweed developer and Nu Developments managing director Craig Paddison, says Rainbow Bay beachside is experiencing a fast revitalisation.

“We are excited to see construction on site and we are looking forward to bringing Maili to Rainbow Bay by the middle of next year,” he says.

A strong off-the-plan sales run has resulted in just five luxury apartments remaining.

”With its pristine location, breathtaking ocean views, and close proximity to stylish shopping and dining it’s not surprising to see why,” he says.


Latest News

OROTON GOES CLICKS AND BRICKS AS PROFITS SLIDE

TWO former Aussie lawyers have turned their passion for fashion into a $15 million dollar international business six ...

MANTRA'S SHARE PRICE SURGE INDICATES 'SUITORS ARE CIRCLING' THE HOTEL GROUP

THE rumour mill surrounding a high-level takeover of Mantra Group (ASX: MTR) is in full production with its shares su...

MELBOURNE CBD GEMS SELL FOR $17 MILLION, MARKING A NEW PROPERTY HOTSPOT

LITTLE Lonsdale Street in the heart of Melbourne's CBD has become a favourite for investors in 2017, following th...

CAN GOOGLE RECOVER FROM GLOBAL CONTROVERSY OVER ITS PROGRAMMATIC ADVERTISING SYSTEM?

IT'S the story that has rocked the world of advertising. The lucrative Google (NASDAQ: GOOGL) advertising system ...

Related News

RAY OF HOPE FOR SLATER AND GORDON AS LENDERS STEP IN

EMBATTLED law firm Slater and Gordon (ASX: SGH) has announced to the ASX that it has launched confidential discussion...

SPROUTX PROVIDES THE SEED FOR AGTECH STARTUPS

AGTECH innovation fund SproutX has opened applications for its first accelerator round, backed by $10 million from...

GAS PRICES MAY FORCE BRICKWORKS TO TAKE MANUFACTURING OVERSEAS

BRICKWORKS Limited (ASX:BKW) chairman Robert Millner says soaring energy prices may force the company to turn to offs...

CHINA CONTINUES TO COLLECT AUSSIE PROPERTY ASSETS

CHINESE coin continues to dominate Australia's offshore real estate investment market, accounting for almost h...

EVENTS COMING UP

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter