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Residential, Mixed Use
8-10 Acacia and 25 & 27 Oak Avenues, Surfers Paradise QLD 4217

Property details

  • Property ID:
    14084
  • Contact Agent:
  • Area:
    2,129.00 m2 (*approx)
  • Type:

    Residential:

    Mixed Use:

  • Development Approved:
    For 211 Apartments
Agency information
Laura Langford
Roland Evans

Overview

NEW INTERNATIONAL HOTEL INVESTMENT OPPORTUNITY

With a shortage of new hotel accommodation on the Gold Coast, this development site offers a solution and opportunity to own a new hotel in Australia's No1 tourist destination.

  • 2,129m2
  • Prime location hotel opportunity - with MOU in place from an International Hotel Operator
  • High level cost estimate available for 200 key hotel over 20 levels from tier one builder
  • Existing DA for 211 apartments over 45 levels - demonstrates significant building envelope
  • Light Rail Station 350m away
  • Beach 420m away
  • Located beside the renowned Marriott Resort & Spa
  • Growing confidence in hotel market on the Gold Coast 
  • Major infrastructure projects are driving tourism growth

Current expansions are underway at Brisbane and Gold Coast Airports, Light rail extensions, motorway and road upgrades, new sporting facilities and an ever increasing number of international events to be held on the Gold Coast.

OPTIONS:

  1. Buy the site outright
  2. JV partnership with Land Owner and Tier One Builder

For further information, please contact Laura Langford on 0449 993 114 or Roland Evans on 0433 335 507.

Remember to mention you found this property on DevelopmentReady.com.au

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