DRIVEN TO BUY BIG?
ALAN Ali, who’s made millions by investing in Gold Coast development sites, may be looking at a fresh bid to cash in the biggest of them all.
He is reportedly sounding out agents over a once-Hyundai-owned city block on the northern side of the QT Hotel in Surfers, bought for
$21 million in 2014.
Two years ago Sydney developer William O’Dwyer aborted a $39.5 million deal on the land and lost his $3.95 million deposit.