Real Estate & Home

Thousands of new homes planned as developer takes over Gold Coast mega-estate

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Frasers Property has acquired the development rights for the $1.5 billion SkyRidge estate on the Gold Coast for $170 million, marking a significant expansion. This move will lead to the development of approximately 3,000 lots and a shopping center over 14 years. The acquisition was funded by the sale of existing assets, aligning with the company's strategy to build mixed-use communities.

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