The Gold Coast Bulletin

DRIVEN TO BUY BIG?

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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.

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