PHOTO: Jewel development in Surfers Paradise
Three years after construction finished on the most expensive high rise development in Queensland’s history, hundreds of its luxury beachfront apartments remain empty — and most of them are not for sale.
The $1.5 billion Jewel development in Surfers Paradise has three towers, with international hotel group The Langham independently managing the middle tower as holiday accommodation.
https://propertynoise.co.nz/au/secret-20-million-surfers-paradise-sale/
The Jewel’s overseas owners want to maximise its value and say they’re in no rush to sell. Meanwhile, Queensland’s housing minister says they should “do the right thing”.
