Soul is a tall residential tower local along the Esplanade, close to
Cavill Avenue
Cavill Avenue is a street and a pedestrian mall in Surfers Paradise, Gold Coast, Queensland, Australia. It is in the heart of the Surfers Paradise shopping and entertainment district. It was named in honour of the man credited as the founder of ...
in
Surfers Paradise on the
Gold Coast, Queensland
The Gold Coast is a coastal city in the state of Queensland, Australia, approximately south-southeast of the centre of the state capital Brisbane. With a population over 600,000, the Gold Coast is the sixth-largest city in Australia, the nati ...
, Australia. it is the 3rd tallest building on the Gold Coast behind
Ocean
The ocean (also the sea or the world ocean) is the body of salt water that covers approximately 70.8% of the surface of Earth and contains 97% of Earth's water. An ocean can also refer to any of the large bodies of water into which the wo ...
which topped out in late 2021 but above Circle at Cavil. The building was approved by the
Gold Coast City Council
The City of Gold Coast is the local government area spanning the Gold Coast, Queensland, Australia and surrounding areas. With a population of 606,774 it is the second most populous local government area in Australia (City of Brisbane being the ...
in October 2004 and finished construction in 2012 along with the next stage of the Gold Coast renovation project.
It was developed by Juniper Group, and constructed by
Grocon
Grocon is an Australian privately owned development, construction and funds management company. Founded in Melbourne in 1948, it expanded to operate in India and the Middle East. In November 2020, parts of the company were placed in voluntary ...
at a cost of
A$850 million.
History
The site was previously occupied by the Raptis Plaza.
By early April 2010 construction of the core structure had reached level 40.
By July 2010 the tower had reached half the structure's total height.
On the 14 March 2011, workers left the site in protest at the sacking of 11 Australian tilers while Korean workers were allowed to stay.
Owners of units from level 39 and below were able to move into their properties before the building was complete. Some shops had opened in the retail section in mid 2010.
Design
![Soul from Southport, Queensland](https://upload.wikimedia.org/wikipedia/commons/7/7e/Soul_from_Southport%2C_Queensland.jpg)
The tower was designed by the local architectural company DBI Design PL.The design includes 288 units on 77 floors and 5,700 m² of retail space.
An average square metre cost of A$16,490, made Soul the highest priced units on the Gold Coast at the time.
Units
Soul's
penthouse
Penthouse most often refers to:
*Penthouse apartment, a special apartment on the top floor of a building
*Penthouse (magazine), ''Penthouse'' (magazine), a British-founded men's magazine
*Mechanical penthouse, a floor, typically located directly u ...
, which spans four levels, was Australia's highest-selling apartment at A$16.75 million.
Beneath the penthouse are three sub-penthouses each occupying a whole floor.
Sales were strong between 2006 and 2008, however the
2007 global financial crisis curtailed purchases. All units in the building were sold for more than $1 million each.
Buyers from China were specifically targeted after strong sales from Chinese visitors were recorded early in 2010.
Overall most purchases were made from people living in the
South East Queensland
South East Queensland (SEQ) is a bio-geographical, metropolitan, political and administrative region of the state of Queensland in Australia, with a population of approximately 3.8 million people out of the state's population of 5.1 million. T ...
region.
In early 2009 sales of units in Soul had slowed with just over 100 units still for sale. By July 2010, three-quarters of the units had been sold.
Receivership
The development was placed into receivership in October 2012. At the time at least 88 units in the building remained unsold.
Earlier, Grocon had started legal proceedings against Juniper Group over alleged outstanding payments for construction.
Management
From November 2013,
Mantra Group took over the management rights of Soul from the receivers & manager, PwC.
See also
*
List of tallest buildings on the Gold Coast, Queensland
These are lists of the tallest buildings on the Gold Coast, Queensland, Gold Coast, Queensland, Australia. In accordance with Council on Tall Buildings and Urban Habitat, CTBUH guidelines, heights are measured to the structural height, which i ...
*
List of tallest buildings in Australia
Australia has more skyscrapers per person than any other country in the world with a population greater than five million, and was one of the first countries in the world to play host to the skyscraper boom along with the United States and Can ...
References
External links
Official Soul website
{{DEFAULTSORT:Soul (Building)
Skyscrapers on the Gold Coast, Queensland
Residential buildings completed in 2012
Residential skyscrapers in Australia
Surfers Paradise, Queensland
2012 establishments in Australia
Retail buildings in Queensland