Paradise Centre & Novotel Surfers Paradise

Cnr Of Surfers Paradise Blvd, Hanlan St, Surfers Paradise QLD 4217, Surfers Paradise, QLD, 4217, AU

Description

JLL are pleased to present Paradise Centre & Novotel Surfers Paradise for sale - a trophy shopping centre and hotel precinct.

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Number of units

408

Year built

1980

Call for offers

03/10/2025

Premium Retail Investment in the Heart of a Global Entertainment and Leisure Precinct: Recently refurbished ($40m*) shopping centre featuring international retailers, Woolworths, the world's largest Timezone, a world-class entertainment and leisure precinct, beachfront dining, and 490 car bays.
Institutional-Grade Hotel with Repositioning Flexibility: A 408-room full-service hotel including F&B, conferencing, tennis court, pool and leisure amenities. Option for vacant possession upon sale offers multiple value-add opportunities.
Gold Coast: Australia's Fastest Growing Economy & Tourism Mecca: With 70% hotel occupancy, 22.9m annual visitor nights, 2.7% p.a. population growth until 2046, the Gold Coast is thriving as both a tourism hub and one of the fastest-growing residential populations. Positioned as a dual economy, supported by surging incomes, major infrastructure investment, and the 2032 Olympics.
Significant Value-Add and Alternate Use Potential: Opportunity to redevelop and reposition to introduce higher-yielding segments, new income streams, or convert to residential or mixed-use.