Coles Liquor secures Hope Island, Gold Coast tavern

Coles Liquor secures Hope Island, Gold Coast tavern
Jonathan ChancellorJuly 22, 2014

Supermarket chain Coles Liquor has secured its first hotel nationally in four years on Hope Island, Queensland.

Knight Frank director of hotels, Craig Harley negotiated the Coles Liquor acquisition for the business leasehold interest of Marina Quays Tavern at 93 Broadwater Avenue, Hope Island.

“The substantial hotel property is adjacent to a planned shopping centre, retirement village, service station, and is surrounded by residential development which enjoys high visibility and extensive passing traffic,” continued Harley.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

Editor's Picks

5% deposit, $0 stamp duty - Buy into Brighton's affluent property market with 111 Carpenter townhomes
Far East Consortium's charity push in Australia’s biggest stair climb challenge
Princeton tops out Marque Rockdale as development team and Latent Defect Insurance drives sales
Double Bay makeover to continue as Scali furniture boss plots new luxe apartments
Prime Edition launches rare Clifton Hill apartment development, 33 Queens Parade