THE Hilton Surfers Paradise Hotel project has restarted by Brookfield Multiplex.
The project has chalked up an impressive $295.8 million in sales since its release to the market just 18 months ago.
Brookfield Multiplex was appointed by project financier ANZ bank to complete the landmark development.
The 186 one and two-bedroom residences first stage, the 32-level Boulevard Tower has sold out and the final release of residences in the development’s striking second tower, Orchid Tower, are now on the market priced from just $720,000.
The 57 level Orchid Tower will feature 224 two, three and four bedroom residences from level 16 up and feature floor-to-ceiling glass to capture expansive beach, ocean and hinterland views. The tower will also feature exclusive penthouses and sub penthouses as well as a 169 room hotel.
The hotel rooms will be managed by a subsidiary of Hilton Hotels Corporation on completion.
Brookfield Multiplex said the first residents will settle in late 2010, with final completion of the development due in late 2011.
Australian Property Journal
