The Gold Coast Bulletin

NEWCOMER HITS HEIGHTS

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A NEWCOMER to the Gold Coast has spent more than $6 million on a high-rise site near the beach at Mermaid Beach’s northern extremity.

The interstate buyer has snared a holding of more than 1500sq m near the Hedges Ave site on which the Sunland Group is to build a 44-floor, 99unit tower.

The move reinforces the Broadbeach-Mermaid area’s status as the preferred location for highrise developers.

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