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Surfers Paradise Arcades Placed on Market

In a move that will open up one of Surfers Paradise’s last major development sites, Brisbane investment company Cromwell Group has put a 5200sqm site – consisting of the Lido, Paradise and Forum Arcades up for an expression of interest campaign.

The site, adjoining the Surfers Paradise Hilton construction site was purchased in 2006/07 in two deals for approximately $50m.  Cashed up Sunland are believed to be considering the site for a future high rise.

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This entry was posted on Tuesday, November 3rd, 2009 at 12:42 pm and is filed under Future Development, Surfers Paradise. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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