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PLANS for a three-tower luxury residential development worth $900 million have been revealed for a prominent patch of the Gold Coast.

PLANS for a three-tower luxury residential development worth $900 million have been revealed for a prominent patch of the Gold Coast. It will be the first Queensland project for RDG, a wholly owned Gold Coast-based company whose parent company is China-based Ridong. It paid more than $80 million for the 1.13ha beachfront parcel at Surfers […]

52-storey Potter Tower Broadbeach could be stalled indefinitely (24/09/10)

A LANDMARK 52-storey development planned for Broadbeach could be stalled indefinitely as nearby business owners prepare to fight the application – locals set for war over Potter tower! The tower, proposed by Mermaid Beach developer the Potter Group, would be the largest building in Broadbeach. It would replace a strip of neighbourhood shops on Main […]

Vivid low-rise launch in Surfers Paradise (20/09/10)

A SYDNEY builder is set to try his hand in the Gold Coast’s fickle property market with the launch of a low-rise Surfers Paradise development this weekend. MC Projects, the building arm of Vivid Progress, will launch Vivid development at Beach Parade today. The four-storey development is on a 1012sq m site on the corner […]

Hilton Surfers Paradise Has Reached The Top (24/05/10)

Hilton Surfers Paradise (Gold Coast) – construction update… Construction has topped out on the roof of the Boulevard tower of the Hilton Surfers Paradise Hotel and Residences on the Gold Coast – reaching 32 levels and 186 residences. At the same time, work is moving forward on the second and tallest tower, Orchid Tower, which […]

Robina is our $7b baby (13/06/09)

Robina and Varsity Lakes continue to be at the centre of billions of dollars in development, with new research by Colliers International showing about two-thirds of the $7.1 billion of major projects in the area have begun. The report found $4.54 billion of developments identified in the region — which takes in Robina, Varsity Lakes, […]

Broadbeach development site has new owner (25/06/09)

After a recent tender, the former National Australia Bank building at 12-14 Albert Avenue in Broadbeach now has a new owner. Believed to have been purchased by Melbourne business man George Raptis (unrelated to Gold Coast based Raptis Group), the price of $7.7m is well short of the $12m+ price offered by Matthews Property Group back in July […]

Buyers settle on beachside luxury at Kirra Surf

Gold Coast Property News: June 20th, 2009 The Gold Coast’s southern beaches continue to attract luxury apartment buyers, with $3.245 million worth of property settling at one of the area’s premier developments, Kirra Surf, in the past month. Buyers from across Australia have snapped up apartments during the latest sales run at the $95 million […]

Foreign Investment Review Board (FIRB) Australia – Residential Property Changes

The Australian Government has announced changes for foreign persons purchasing property in Australia. The primary goal of these new Foreign Investment Review Board (FIRB) laws is to make sure that foreign investment in residential real estate increases the supply of dwellings and that it is not speculative in nature. The policy aims to direct foreign […]

Proposed: High rise to float above Indy track (24/10/08)

Gold Coast Bulletin, October 24th, 2008 AS Indy kicks into gear, the Howard Group has unveiled its long-awaited plans for a $170 million `floating’ high rise to be built alongside the Surfers Paradise circuit. The Howard Group, led by V8 enthusiast and Indy fan Mark Howard, has revealed plans for the unnamed 40-storey tower on […]

Sunland moves in on Royal Pines (21/10/08)

Gold Coast Bulletin – October 21st, 2008 SUNLAND Group has flaunted its financial strength yesterday emerging as the $28 million buyer of the residential and marina precinct at Royal Pines Resort. It is the Q1 developer’s first Gold Coast property deal since last November and it has indicated further acquisitions are on the horizon. The […]