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Elegant, village appeal
A major figure in the Gold Coast construction industry and a veteran car dealer are motoring to success with a high-end terrace-home project overlooking the ocean at Tugun.
They are Levi Corby and Warren von Bibra and all seven of the terraces in the Habitat venture are under contract at prices of between $1.5 million and $2.5 million.
Habitat, which is rising on a 911 sqm corner site close to the Tugun surf club, is being developed under the Sandbox Properties banner. Mr von Bibra, 74, is a funding partner in the venture.
Mr Corby, the regional manager for Hutchinson Builders, said Habitat was the latest in a series of boutique terrace-home projects undertaken, or under way, since Sandbar was initiated five years ago.
His partner in the others is Palm Beach architect Jack Tarrant.
“Sandbar set out to engage in sensibly –scaled developments attuned to the environment,” Mr Corby said. “Habitat will have village appeal and convenience, be easily accessible, and be in a quiet location.”
The Habitat site, at 36 O’Connor St, Tugun, was bought for $3.705 million in a deal negotiated by Antonio Mercuri’s GV
The ‘smart’ four-level Habitat townhomes will average close to 300 sqm, one will have five bedrooms, and some will have lifts.
Kitchens will include built-in wine storage and coffee buffets and some of the homes will have pools. Three of the terrace homes will front the ocean and the others, on Wyberba St, will have ocean views.
Sandbar’s development pipeline includes sellout venture The Palms, four terraces at north Palm Beach.
Brent Dallow, director of marketing group Venture Property, said that Sandbox’s homes were drawing downsizers from Brisbane and the Gold Coast, along with younger families and people seeking beachside getaways.
He said latest venture Habitat would offer beachfront elegance without losing the appeal of Tugun village.
“The Habitat homes will be accessed via individual garden entrances, adding to a boutique feeling and creating the essence of a stand-alone home.”