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How champion surfer turned $32500 investment into millions – Queensland Times

A four-time world surfing champion has turned a $32,500 investment in a unit overlooking the ocean at Coolangatta’s Rainbow Bay into $2.05 million.

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CHAMPION SURFS INTO MEGA PROFIT ON UNIT SALE
MARK Richards, a four-time world surfing champion, has turned a $32,500 investment in a unit overlooking the ocean at Coolangatta’s Rainbow Bay into $2.05 million.
That’s the figure Brisbane developer and passionate surfer Paul Gedoun has paid the Newcastle-based Mark, and each of the other five owners, in the Rainbow’s End unit block.
Mark’s apparently buying into new sellout building the 12-level Flow, with construction company McNab hired and already…

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