Tower plan for highway

BARRY Morris, a developer with five apartment towers on the market between Broadbeach and Burleigh, is planning to pump up his workload with a new project on a former service-station site.

Morris company MPG Mermaid Beach paid $3.85 million in December for a former Caltex site at 2469 Gold Coast Highway.

A development application has been lodged for a ninelevel tower with 69 apartments, ground-level commercial space, and two basements.

The MPG site, on the route of the planned third stage of the light-rail line, spans 1642sq m and is on the eastern side of the highway.

It was bought from Kushinda, a company linked to the Bob Jane T-Mart family and which paid Caltex $2.31 million for the property in 2010 — six years after the service station on the land had closed.

Mermaid Beach resident Mr Morris has been developing Gold Coast towers, either solo or with Canberra partner Graham Potts, since 2004. The projects being marketed by Mr Morris in his own right are Koko, Opus and Qube at Broadbeach, Otto at Mermaid Beach, and Sandbar at Burleigh Heads.