Developments

Broadbeach hotel site on the market

A 3275m² site on the Gold Coast Highway at Broadbeach on the Gold Coast has been placed on the market.

It is approved for a 50-storey tower for a hotel, shops, offices and apartments.

The Main Place tower will have a 1794m² ground-level retail precinct, a 173-room hotel across six storeys and 40 levels hosting 320 apartments. There will be extensive amenities and there is approval for a basement to hold 585 cars.

The nine-title holding was assembled by veteran Gold Coast developer John Potter, a former head of Villa World, at a cost of $39 million between 2004 and 2008. It is being put to market by Tony Velissario, of Tony V Real Estate, in an expression-of-interest campaign to be launched in coming weeks.

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