|
Source: Sunday Mail Brisbane
Building ban protects million-dollar views
It may look like any other piece of bitumen, but this Gold Coast car park is worth $4.5 million.
The reason for its huge price tag is its stunning views.
But the prime site could have been worth much more. It is covered by a high rise ban - an unusual volumetric covenant placed on the title by its original developer to protect the views from the units he built behind the property.
CLICK HERE FOR FULL ARTICLE
|
