Hilton surges against downturned market
The Hilton in Surfers Paradise has reported a massive $40 million in sales in the past three months.
Purchasers have come from Brisbane, Gold Coast, Sydney, Melbourne and internationally, including India, Singapore, China and Dubai. The sales included a mix of two and three bedroom apartments and averaged $1.5 million.
Brookfield Multiplex Sales and Marketing Director, Tim Willing, said April has been one of the strongest months for the $700 million development since its relaunch to the market last June.
“As expected, we are finding the larger three-bedroom residences are predominately attracting the owner-occupier market, while our two bedroom apartments are receiving strong interest from both owner-occupiers and investors,” says Willing.
Construction of the Boulevard Tower, which will feature 186 apartments, is on track for completion late this year, while Orchid Tower, which will comprise 224 residences and a 169-room Hilton hotel, is expected to be completed in the second half of 2011.
Residents of Hilton Surfers Paradise will have the option to utilise exclusive services such as concierge, valet parking, in room dining and maid services, a luxury day spa, signature restaurant, executive lounge, gymnasium and pool.
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