The City of Gold Coast is a major local government area situated approximately 70km* southeast of Brisbane CBD. Spanning 1,334 square kilometres, it comprises 14 divisions and over 80 suburbs. As Australia’s sixth-largest city, the Gold Coast is currently home to more than 742,600 people, with the population projected to surpass 1 million by 2050—representing growth of over 58%.<br><br>Renowned as one of Australia’s leading tourism destinations, the Gold Coast attracted a record $4.2 billion in domestic overnight expenditure in 2023—an increase of 14% compared to 2020. Beyond tourism, the city has transformed into a dynamic economic centre, with a Gross Regional Product (GRP) exceeding $45 billion in 2024. The local economy is supported by more than 78,000 registered businesses and a labour force exceeding 392,000 people. Strategic investments in telecommunications and advanced technologies are helping position the Gold Coast as Australia’s fastest-growing and most digitally connected economy.<br><br><b>Major Residential Projects:</b><br><b>Riverina Gold Coast Estate, Carrara ($110M):</b> Located near Nerang and the Pacific Motorway, this 181-lot masterplanned estate is being developed in four stages, with completion due mid-2024.<br><br><b>5-Star Mondrian Hotel &amp; Residences, Burleigh Heads ($200M):</b> Comprising 208 guestrooms and 84 premium residences (all under contract), construction is underway with delivery expected by late 2024.<br><br><b>Royal Gold Coast, Surfers Paradise ($400M):</b> A luxury apartment tower on a 2,251sqm site, featuring 104 residences priced between $3M–$12.5M+, scheduled for completion in Q4 2025.<br><br><b>Key Infrastructure Projects:</b><br><span style="font-weight:normal;">Coomera Connector (Stage 1 – $2.16B):</span> The largest road project in the region, delivering a new 45km* north-south arterial road from Loganholme to Nerang. Stage 1 is currently under construction and includes a 16km six-lane stretch connecting Coomera to Nerang, with key interchanges at Gold Coast Highway, Smith Street, Helensvale, and Southport–Nerang Road. Completion is expected in late 2025.<br><br><b>Queensland Growth</b><br>Queensland’s $500 billion economy has been supported by continued, strong population growth and a resource boom over the past two decades, exceeding the national average.<br>This places the state in a strong position to continue to exceed growth expectations.

<span style="color:rgba(0, 0, 0, 1);">Diggers and Sports Club is a long-standing hospitality and entertainment venue located in Surfers Paradise on the Gold Coast. Established over 90 years ago, it is one of the region’s original clubs and holds deep historical significance within the local community, particularly in honouring Australian service members and the Anzac spirit. The venue has recently been transformed into a vibrant, modern space that still pays tribute to its heritage. It features live music five nights a week, a diverse cocktail menu, and a fresh take on classic pub fare, appealing to both locals and visitors. Operated as a not-for-profit, Diggers and Sports Club also reinvests into local causes and maintains a strong community focus, particularly in supporting veterans and honouring its Anzac legacy.</span>

This investment offers a secure income stream with a current net income of $247,200 pa plus GST. The property is secured by a 6-year net lease to Diggers &amp; Sports Club expiring in September 2027, with 2x5-year options to 2037. There are 3% fixed increases built into the lease and a market review due in September 2027. The tenant is responsible for 100% of outgoings including land tax.<br><br>According to market analysis, the property is significantly under-rented compared to similar venues in the area. Comparable rental evidence shows rates ranging from $471/sqm and upward, indicating substantial upside potential at the uncapped market review in 2027.<br><br>The property benefits from a premium $3 million fit-out completed in 2020, including restaurant refurbishment, venue rooms, and gaming area, reducing the need for capital expenditure in the near term.

2/9 Beach Road, Surfers Paradise - 2,243m2 - $110/m2 Shop 23, Cavill Lane, 3113 Surfers Paradise Blvd, Surfers Paradise - 119m2 $850/m2 Shop 47, Circle on Cavill, 3184-3186 Gold Coast Highway, Surfers Paradise - 181m2 - $964/m2 Shop 9 &10/3240 Surfers Paradise Boulevard, Surfers Paradise - 168m2 - $1,177/m2

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