![]() “This is an opportunity to get into a surging market with an iconic Gold Coast landmark resort,”īury added, “Likewise the hotel sector has seen incredibly strong post-pandemic performance across South East Queensland and especially on the Gold Coast in the five-star sector. “This demand has stemmed from strong interstate investment with elevated dwelling prices in both Sydney and Melbourne who are drawn to the affordability the Gold Coast provides. “The City of Gold Coast continues to develop and expand with an estimated resident population of over 1.2 million by 2050” Adam Bury said. JLL Executive Vice President, Adam Bury said the Gold Coast remained one of the fastest growing regions in Australia. “The 295 room hotel has a diverse income stream through its extensive conference facilities servicing a buoyant MICE market and quality food and beverage offerings.“Every astute investor with an interest in prime Australian real estate should consider this investment opportunity,” Karen Wales added. “An impressive feature of the hotel is the vista across the ornamental pools and swimming pool to the beach and the ocean, a dramatic sense of arrival which few, if any, hotels in Australia can rival. “This presents a very rare opportunity to purchase one of the most notable hotels in Australia,” Karen Wales said. ![]() ![]() The hotel is located on The Spit at the northern end of the Gold Coast, boasting a land area of 3.45 hectares and beach frontage of approximately 215m, making it genuinely irreplaceable. One of the most iconic hotel properties in Australia is on the market for over $200 million.īeing marketed by Colliers, McVay Real Estate and JLL, the Sheraton Grand Mirage Resort is one of the most prestigious hotels in Australia.
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