Broadbeach Mall site hits the market
A Gold Coast beachside land holding on Broadbeach has gone on the market with direct Broadbeach Mall frontage.
Buildings include the three level retail/commercial Niecon Plaza built in the 1980s, which also boasts a retail arcade, the two level 12 Albert Avenue (known as the McGrath Building), and the two level 16 Albert Avenue commercial building currently occupied by Commonwealth Bank of Australia.
The 12-18 Albert Ave property, is for sale by international expression of interest campaign being marketed by Colliers International. It was also launched in China in late August.
Colliers international special projects national director, Darrell Irwin, said he expects Development Application approval in coming weeks for a twin tower mixed use development with a total of 244 apartments comprising 372 bedrooms - one 28 storey tower with 90 apartments and a second 35 storey tower with 154 apartments.
“We know that China continues to be the Gold Coast’s largest international market and this will be further strengthened with direct services starting on September 29 from central China’s most populous city Wuhan, followed by Hong Kong Airlines charter flights to the Gold Coast next January to March,” he said.
Colliers International is marketing the site on behalf of Niecon Plaza Pty and Rockdune Pty Ltd, linked to Raptis Investments Pty Ltd.
International Expressions of Interest close 5th November 2015.