Gold Coast Commercial Property News

NSW hotel magnate Jerry Schwartz has made his first foray into Queensland, buying the Hilton Surfers Paradise for just under $70 million, well down on its initial asking price of more than $80 million.

A rundown Miami holiday resort has been restored to its former glory in a move that is tipped to change the face of the suburb.

Industrial property has performed well off the back of an e-commerce boom giving strong rental growth to the sector.

A Gold Coast family has dropped more than $15 million on three properties at an auction event.

The Star Entertainment Group has had its future vision for the Gold Coast signed off by the state government, paving the way for the casino company and its partners to have about $9 billion worth of tourism assets across South East Queensland.

Aveo, bruised retirement village operator, could be poised to cash in a painful Gold Coast asset as it prepares to lift its operations, literally, in the tourism capital.

Marriott is vying with inter­national rivals to open a St Regis property at the troubled Yuhu ­development on the Gold Coast. 

The Future Fund is poised to exit about $850 million worth of retail property investments in Perth and on the Gold Coast as it capitalises its early moves in the sector made in the wake of the global financial crisis.

Ever thought about buying Movie World, Pacific Fair or the Skypoint Observation Deck?