Strong Interest in Surfers Hotel Development
The chance to secure the only new hotel development in the heart of Australia’s tourism capital, Surfers Paradise, has attracted massive interest from local, interstate and overseas buyers.
The site approved for a 270 room, 27 level, 4.5 Star hotel at 21 Orchid Avenue, Surfers Paradise, is being marketed for sale via tender by Greg Bell andSteven King of Ray White Commercial Gold Coast and David Lyons of Ray White Commercial NSW on behalf of Grand Orchid 21.
The hotel designed by renowned architectural firm BDA will feature the only hotel rooftop pool and bar on the Gold Coast, a celebrity restaurant and a grand porte-cochere while almost half the rooms will have balconies with Pacific Ocean views.
Greg Bell said there had been phenomenal interest in the proposed hotel development on the 945 sqm former Orchid Ave nightclub site.
“The buzz around this unique hotel project has been extraordinary and already we have had interest from around the world including enquiry from major hotel chains,” he said.
Mr King said the development was situated in a prominent Surfers Paradise position just minutes to iconic Gold Coast beaches and attractions.
“This project is shovel ready to begin construction,” he said.
“Tier-one building companies have been in consultation with BDA as well as GMP project building consultants and Quality Surveyors who have cost managed the project since its inception.
“Furthermore, unlike all other local hotels offered for sale in the past, this presents a unique opportunity to own and operate and entire in-line hotel facility.”
The tender campaign for 21 Orchid Ave closes at 4pm (AEST) on Thursday, February 23, 2017.