Business gossip: Big sale price of Main Beach tower unit

A third-storey unit inside one of the Gold Coast’s most desirable beachfront towers has sold for an astonishing amount of money. All this and more business gossip.

A THIRD-storey unit inside one of the Gold Coast’s most desirable beachfront towers has sold for an astonishing amount of money. All this and more business gossip.

Katie Page’s M3565 Main Beach tower.

* KATIE Page, ultra-patient Harvey Norman CEO and Magic Millions co-owner, has achieved a second sale in her boutique beachfront building M3565 at Main Beach.

A deal at $4.75 million has been done on a third-floor apartment in the seven-title building, in which Katie and hubby Gerry Harvey have retained the penthouse.

The first sale in the three-year-old M3565, at $5.5 million and apparently to a Gold Coast ‘down-sizer’, came 18 months ago.

Sanctuary Cove Golf Club is the place to be. Picture: Jerad Williams

* THE top men at two of the major golf clubs on the Gold Coast, Sanctuary Cove and Southport, have had a quiet natter about a possible getting together of the clubs.

The chat, described as very informal, apparently has yet to lead to a follow-up meeting and it’s a case of ‘watch this space’.

It’s suggested any link-up would ‘enhance’ what the clubs can offer their members – the very people who would decide whether what’s been termed an ‘integration’ progressed.

One50 Public House.

* JOHN Hembrow, the developer selling Bundall’s One50 Public House, appears to be riding a pokies winner that’s netting close to $500,000 a year.

A would-be buyer who’s looked at the figures the property is returning says they leave many rival venues in the dust in terms of turnover.

He says John’s got 36 machines at One50 and it’s suggested they’re doing more than double the business of a host of taverns, including the Lone Star, which each have 45 money-gobblers.