Luxury $250m Main Beach Site with Royal Link For Sale

Masthead OCean Club Main beach hero

A major site in the Gold Coasts Golden Triangle with a link to the British Royal family and earmarked for a $250-million high-end development is on the block after its developer entered receivership.

Masthead Main Beach Pty Ltd is listed as the title owner for 3649-3651 Main Beach Parade, an 812sq m site slated for a “7-star” residential development. It was also the developer for the plan.

Dubbed the Masthead Ocean Club, the project would have comprised 28 whole-floor apartments. 

TUD+ Member Only Content

Want to read more?

Sign in to your TUD+ Account or join 50,000 property professionals who stay up to date with our newsletters and market trends with Australia's most trusted property journalists.

Article originally posted at: uat.prod.theurbandeveloper.com/articles/rory-obrien-banda-property-main-beach-masthead-ocean-club-development-sale