The Hilton Surfers Paradise, comprising the Hilton Hotel and the associated management rights for the Hilton Residences across two iconic towers, is being marketed for sale by Sam McVay and Dan McVay of McVay Real Estate.
The Hilton Surfers Paradise is a landmark mixed-use development located in the heart of Surfers Paradise steps from shopping, dining and world famous beaches. Positioned across two iconic towers, the offering comprises the Hilton Hotel and the associated management rights for the Hilton Residences.
The five star Hilton Hotel comprises 169 oversized guest rooms, together with 4 food and beverage outlets, conference facilities, expansive pool deck, 2 gyms, a day spa and 89 undercover car parks.
Sam McVay, Managing Director of McVay Real Estate told The Hotel Conversation, “The Gold Coast remains one of the best performing markets in Australia with STR reporting Year to Date RevPAR up 15.6% on 2017. We see the continued growth across the entire Gold Coast market over the coming years on the back of unprecedented infrastructure investment into the Airport, rail and roads.”
He continued, “The Hilton Surfers Paradise is one of the newest and most centrally located 5 star hotels in the market. It will be acquired substantially below replacement cost and allows an incoming owner the ability to further enhance the income through further value add initiatives.”
McVay Real Estate Australia has been exclusively appointed to sell the Hilton Surfers Paradise via an Expression of Interest campaign closing on Thursday 6th September 2018 at 4.00 pm AEST.
For further information on the sale of the Hilton Surfers Paradise contact Sam McVay or Dan McVay via the below contact details.
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