AUSTRALIA’S richest man “high-rise” Harry Triguboff has poured cold water on fears of a looming oversupply of new units on the Gold Coast.
It follows the leaking of a Macquarie Bank report that included three central city postcodes as risky areas in which to buy new apartments due to a looming glut.
Postcodes listed in the report are 4215, 4217, and 4218 centred on Southport, Surfers Paradise and Broadbeach.
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Harry Triguboff isn’t worried about talk of a looming glut of apartments on the market on the Gold Coast.