Property

Coast developer looks to prime real estate's future

MANY OPTIONS: Sunshine Coast developer Graeme Juniper is considering what to do with a prime piece of real estate he owns on Radical Bay on Magnetic Island, near Townsville.
MANY OPTIONS: Sunshine Coast developer Graeme Juniper is considering what to do with a prime piece of real estate he owns on Radical Bay on Magnetic Island, near Townsville. Kathy Sundstrom

HIGH-profile Sunshine Coast developer Graeme Juniper is once again considering what to do with the prime piece of real estate he's been holding on to for 15 years.

Mr Juniper, whose company Juniper Group was behind 18 different high-rise developments across the Sunshine Coast, has been considering his options for a piece of World Environment Heritage-listed land called Radical Bay on Magnetic Island, near Townsville.

Mr Juniper bought the 7.4ha Radical Bay site for $1.34 million from the Trinity Group in 2001.

Initial plans included 12 four-bedroom beach houses and 100 apartments four storeys high.

But after significant protest, these $60 million plans were downscaled to a smaller, 23-lot subdivision in a gated community.

However, the Townsville City Council rejected the application for a gated community in 2010 because of erosion concerns.

Mr Juniper appealed and in 2013 he received the necessary State Government and Townsville City Council approvals to go ahead.

He was given interim approval for six years until 2019.

However it might not take that long before Mr Juniper investigates his options again.

And the possibility of building a resort hasn't been excluded.

Mr Juniper told the Daily he had "approval for the subdivision and we are always looking what we can do with our developments".

He said Radical Bay was a "very special piece of dirt" which was why his development company had bided its time in deciding what to build on it.

"It is one of the best spots in the world," he said.

"Mooloolaba is in my heart, but sometimes you find a special place. Radical Bay is one of them.

"I have no immediate plans, but all options are open. It depends what the market dictates.

"It could be a resort, it might be a land subdivision. It is the perfect spot for a resort.

"We have undertaken lots of studies to ensure what ever plans we follow through with on this environmentally sensitive piece of land are done correctly.

"The standard Juniper approach is high-quality development.

"This is what our name is renowned for."

Topics:  development graeme juniper juniper radical bay townsville



OPINION: One way to get Sydney to final

STORM WARNING: Adam Blair of the Broncos is tackled by Jordan McLean (left) and Jesse Bromwich of the Storm in Friday's preliminary final.

Baron Large has the solution to Sydney's grand final woes.

Opposition's 'con job' claim as Fitzroy's unemployed numbers more than 7%

The latest ABS figures show Fitzroy's unemployment rate for August at 7.1%, with youth unemployment in the region a major concern at 13.5%.

Govt hits back saying it has plan to generate jobs

WATCH: Woorabinda is back in the arena with the bulls

BUCKING GOOD: Bull rider Kaleb Comollatt from Woorabinda has been sharing his love of the sport with young up and coming locals.

Young locals excited to take on rodeo world thanks to Woorie event

Local Partners

Pre-approved $8.5 million Ipswich development site sold

GONE: A significant residential development site at Augustine Heights has sold for more than $8.5 million.

Six ha development site sold for more than $8.5 million

Downsizing doesn't mean doing without

Coast family ready to move ... around the corner

Design magnificence

Frank Macchia-designed house enjoys 270-degree coastal views

The simple mortgage fix that could save you thousands

Avoid interest-only loans or pay the price