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Gold Coast

This Month

ASIC’s case against Star’s directors and executives is wrapping up.

Regulator zeros in on Bally’s Star rescue deal

The American giant’s plans to take control of the gaming group will need approval from the NSW casino commission, which has flagged concerns about finances.

$110,000 coffee date: CFMEU peace deal revealed as rot spreads north

A peace deal between a gangland associate and a Gold Coast developer has sparked calls for company bosses and gangland figures to join unionists at an inquiry.

Investment manager Alceon and retail consultancy Aktiv have acquired The Strand Coolangatta, a four-level shopping centre on southern Gold Coast, for $142 million.

Alceon follows wealthy downsizers to Coolangatta with $142m retail buy

The investment manager plans to reposition the 32,000-square-metre shopping centre to match the southern Gold Coast’s changing demographic.

Mondrian Gold Coast

Does the Gold Coast’s buzziest new hotel live up to the hype?

Sophisticated and full of swagger, Australia’s first Mondrian, on Burleigh Beach, will change the way you do the GC.

Kent Robbins head of property UniSuper.

Why this $140b industry super fund likes shopping malls so much

By 2030, a growing population will need much more retail space to cater for its shopping needs. Even allowing for online buying, we are running out of malls.

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June

A villa at One&Only Portonovi, Montenegro.

The next trend in hotels? Never checking out

Australia’s next wave of trophy homes will be dressed floor-to-ceiling in luxury resort labels.

CFMEU members rallying at the union’s Bowen Hills headquarters on Thursday.

Administrator warning as CFMEU Queensland strikes threaten to continue

Some Queensland builders have been told of up to four days of stoppages this week in protest against the High Court ruling.

Architectural render of the Glasshouse penthouse in Burleigh Heads.

Farming couple, lotteries boss smash Qld apartment records

The buyers of Queensland’s most expensive luxury apartments on the Gold Coast have been revealed as a Wagga Wagga-based couple and a lotteries entrepreneur.

Soheil and Anne Abedian have sold their top-floor, single-level penthouse at 4401/272 Hedges Avenue, Mermaid Beach, QLD for $18.5 million. 

Developer Soheil Abedian sells $18.5m penthouse

Demand - and prices – are strong for existing luxury property at a time when building anew is much more expensive.

Render of the planned 21-level ARI Main Beach development, on a 1,355sqm site at 3555 Main Beach Parade in Gold Coast that Sydney developer ODUS and Metrics Credit Partners have acquired for $55.68m.

Metrics, Odus pair to develop $290m Gold Coast tower

Lower borrowing costs and more confidence about building costs is creating opportunities to tap the greater demand for housing, financier says.

May

Brisbane buyers pay $19.2m for yet-to-be-built Gold Coast penthouse

The resort-style apartment that will be atop David Devine’s Royale tower has sold for a record price for a Surfers Paradise unit.

Skincare brand Alpha-H was sold to a Hong Kong-based group.

Cult Aussie skincare brand sold for an estimated $50m to Vita Green

Queensland-founded skincare group Alpha-H, known for its Liquid Gold products, has been sold by its PE owners to a Hong Kong supplement company.

Adam and Michelle Gilmour of Gilmour Space are poised for lift-off.

From banking to rocket science: the family behind Australia’s space bid

After two decades at Citibank, Adam Gilmour, his brother James and his wife Michelle are just days away from launching Australia’s first locally made space rocket.

April

Developer Azzura Investments’ Monarch Place building, planned for a 5298sqm site on the corner of Meron Street and Ferry Road in Gold Coast’s Southport.

Developer halves height of Gold Coast apartment tower

The move to cut the 40-storey tower to just 21 is the biggest example to date of the construction sector’s inability to meet the country’s housing needs. 

MRCB International has secured development approval for Maris, a $200 million, 20-storey, 192-unit apartment tower at 20 Queen Street in Southport, QLD. 

Gold Coast developers ‘right-sizing’ projects amid construction crunch

MRCB International is focusing on a high-end 20-storey project which it says will be easier to get off the ground at a time when builders are harder to find.

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March

Tourism figures insist federal election won’t dampen Queensland’s long weekend and NRL’s Magic Round.

What an election in the middle of NRL Magic Round means for Qld

Anthony Albanese’s polling date will clash with a major weekend in the NRL calendar as well as a long weekend in Queensland.

Tiana Miles with dolphin Zippa in Sea Wrold.

‘Superhuman’: Sea World staff slept at work to keep dolphins safe

As Tropical Cyclone Alfred crept towards south-east Queensland, Sea World set in motion a massive operation to ensure the park’s dolphins were safe.

Wild weather had closed down major industries across south-east Queensland and northern NSW.

Beef exporters and farmers count the cost of Alfred

Lucrative export markets were hampered by ex-cyclone Alfred as fruit and vegetable farmers in Queensland count the cost.

Some of Australia’s holiday coast has been hit by bad weather.

What to do if you have a holiday booked to Queensland

Flights are back, but the roads are chaos. Here are your options for cancelling flights as the impact of ex-tropical Cyclone Alfred lingers.

Iconic beaches stripped of sand could stay that way for months

Shorelines in tourism hotspots such as the Gold Coast and Byron Bay have been denuded by giant waves caused by the cyclone, and could take months to recover.

Original URL: https://www.afr.com/topic/gold-coast-a72