The Gold Coast Bulletin
VACANT BLOCK IS ATTRACTIVE
A SITE formerly home to a Thai restaurant that became a hangout for teenage thugs is on the market.
The building on the 2917-2919 Gold Coast Hwy property, which spans 827sq m, was recently demolished by owner Ying Yung Chen.
It had attracted controversy after the restaurant tenant, Chaopraya Thai
Restaurant, vacated the premises two years ago. It became home to homeless youths who vandalised the premises and used it as a drinking spot.
Harcourts Coastal Commercial codirectors Jared Johnson and Lachlan Marshall with colleague Dax Roep are marketing the property in an expressions-of-interest campaign closing on June 15.
Mr Johnson said they received halfa-dozen phone calls shortly after the first signs went up on the site.
“We are expecting significant interest from local and interstate developers given the site has no height restrictions for development,” Mr Johnson said. “It is also on the light rail route – a huge plus for developers now – and close to the Northcliffe station.”
Mr Marshall said developers were increasingly looking to the southern part of Surfers Paradise for new opportunities. On Garfield Tce, plans have been laid for a 35-storey luxury tower on the site currently hosting Garfield on the Beach.
“Southern Surfers hasn’t received the attention it warrants in the past but that is now changing and we are seeing plenty of sites up for offer.”