Gold Coast Commercial Property News

Construction has started on a $4 million leisure centre for Helensvale.

Gold Coast hotels failed to achieve their much-anticipated 100% room occupancies during the 2018 Commonwealth Games but hoteliers increased room rates by an average of nearly 77% during the sporting festival as domestic and international travellers sporting fans hit the region.

Could demolition be on the horizon for the iconic Country Club building that sits proudly upon a hill at the Sanctuary Cove resort?

Theme park operator Village Roadshow has downgraded its earnings forecasts after weak visitor numbers were compounded by a wet March and competition from the Gold Coast Commonwealth Games. 

Aquis Group has confirmed its massive central Surfers Paradise casino site is on the market.

Gold Coast beachfront shopping centre The Strand at Coolangatta is on the market, in what shapes as one of Australia’s biggest commercial property deals of the year.

A Gold Coaster – who twice battled the council and won $1.12 million in compo after it appropriated a slice of his Upper Coomera land too cheaply – has sold the balance of the parcel for almost $8 million.

A beachfront parcel up for sale on the Gold Coast for the first time in 27-years is expected to attract a record price for the area.

Melbourne-based SB&G Hotel Group has snapped up two Watermark hotels in southeast Queensland from Japanese-owned HIS Co in a deal worth about $100 million.