Gold Coast Commercial Property News

Major storage facility operator National Storage has won the race to secure an established Gold Coast business in the tightly held storage shed market.

Hotelier Jerry Schwartz has snapped up one of the key assets of the collapsed Ralan Group at a $32 million discount.

The Star Entertainment Group and its partners have pledged to pour $2 billion into a dramatic revamp of its Gold Coast holdings as it seeks to head off the threat of a rival casino operator entering the market via the Queensland government’s long-running integrated resort process.

Diminishing land supply in booming southeast Queensland has prompted Chinese-backed Brisbane developer Keylin Group to buy into the northern Gold Coast, picking up Hope Island’s Serenity Cove estate in a deal worth about $50 million.

An appetite for an investment with guaranteed returns – and a little Greek hospitality – could be all that’s needed to lure a buyer for the latest opportunity on the Gold Coast. 

After six years amassing Gold Coast sites, developer John Potter, the former head of Villa World, has won approval to develop a $700 million 68-level twin-tower complex in the heart of Broadbeach.

One of Queensland’s most popular beachside pubs, the Coolangatta Sands Hotel, has sold to hotelier Joe Irvin in a multi-million-dollar deal.

After its first Broadbeach tower sold 92 per cent of its stock in 19 months, The Star Gold Coast has gone to market with its second.

ingapore-listed AIMS AMP Capital Industrial REIT has swooped on the local headquarters of surfwear maker Boardriders, Inc. in the Gold Coast suburb of Burleigh Heads, sweeping up the property for $38.46 million.