AU Graeme Juniper and son Shaun offload homes
Property Here - Monday, April 15, 2013
Shaun and Graeme Juniper at Mooloolaba. The property developers, who helped shape modern Mooloolaba, are selling off some of their Sunshine Coast property. Picture: Mark Cranitch Source: The Courier-Mail
THE high-flying father-and-son development duo who shaped the face of Mooloolaba have put their ritzy homes on the market.
Graeme Juniper and son Shaun came to prominence during the heady building boom, featuring on rich lists and sparking imaginations with their 77-storey Soul tower in Surfers Paradise.
But now Graeme's sprawling 2.15ha Buderim property - marketed as the suburb's "premier family estate" and approved for a 21-lot subdivision - is advertised for sale.
And his son Shaun's palatial island mansion in the Sunshine Coast's most glamorous suburb of Minyama was going to auction yesterday.
The double sell-off follows the recent $6.75 million sale of Graeme's luxury waterfront manor on the same Minyama Island street as his son.
It comes after the towering Soul development - said to be Australia's tallest residential tower and the Juniper Group's signature building - was placed in the hands of receivers.
The Juniper Group was also disposing of its $30 million Sunshine Coast retail portfolio - including the cream of the region's retail crop.
Real estate agents marketing both residential properties did not return calls yesterday.
The auction of Shaun Juniper's Minyama mansion was to be held privately on site and restricted only to those who had registered interest.
Graeme and Shaun Juniper had been snapping up fancy houses as their private development group expanded from the Sunshine Coast to the Gold Coast.
Their development philosophy centred on buying the best beachfront locations in Queensland.
The pair was responsible for many of the Sunshine Coast's most prominent retail and residential complexes, including Landmark at Mooloolaba.
A spokesman for PricewaterhouseCoopers confirmed the Soul tower was still under receivership.
Read more: http://www.news.com.au/realestate/news/father-and-son-development-duo-graeme-and-shaun-juniper-selling-off-sunshine-coast-properties/story-fndbalka-1226620295799#ixzz2QsRRs9Mu