Gold Coast Commercial Property News

The idea of owning a man cave or sanctuary — where wealthy buyers can store their prized ­Maseratis or Ferraris, operate small businesses or set up an ­office or studio — has caught on in the Gold Coast, with developers selling twin spaces in a new Burleigh Heads development.

Surf retailer Billabong’s former headquarters at the Gold Coast’s Burleigh Heads has been picked up by a local developer, The Potter Group, in a $3.8 million deal.

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.