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flag A Queensland couple lost their $2.6M apartment deal after developer invoked a sunrise clause, demanding $1.2M more or refund.

flag A Queensland couple lost their $2.6 million off-the-plan apartment deal after developer Kokoda Property Group invoked a sunrise clause, citing rising costs and builder shortages. flag They were offered to repurchase the unit for $3.815 million—nearly $1.2 million more—by January 16 or get a refund. flag The developer claims financial feasibility concerns and says early works have begun. flag Legal experts question the fairness of such clauses, and the case highlights risks in off-the-plan purchases amid Queensland’s high construction costs and building shortages.

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