Trending
Image Credit Quality Resort Sorrento Beach
Goldfields Group has acquired the Quality Resort Sorrento Beach in a $31 million off-market transaction, with plans for future mixed-use development.
Goldfields Group has purchased the Quality Resort Sorrento Beach, consisting of 81 short-stay strata-lots, for $31 million in an off-market sale. The transaction was managed by CBRE’s Perth Associate Director Chloe Mason and Director Derek Barlow, representing 65 individual owners.
The property, located at 1 Padbury Circle in Sorrento, was developed in the late 1990s and has been used for short-stay accommodation. It features a 115-meter frontage on West Coast Highway and is situated on a 7,656 square meter landholding opposite Sorrento Beach, approximately 1 kilometer from Hillary’s Marina.
Goldfields Group intends to continue operating the hotel and has plans for a mixed-use development on the site, contingent upon the completion of rezoning.
Image Credit Quality Resort Sorrento Beach
Goldfields Group has acquired the Quality Resort Sorrento Beach in a $31 million off-market transaction, with plans for future mixed-use development.
Goldfields Group has purchased the Quality Resort Sorrento Beach, consisting of 81 short-stay strata-lots, for $31 million in an off-market sale. The transaction was managed by CBRE’s Perth Associate Director Chloe Mason and Director Derek Barlow, representing 65 individual owners.
The property, located at 1 Padbury Circle in Sorrento, was developed in the late 1990s and has been used for short-stay accommodation. It features a 115-meter frontage on West Coast Highway and is situated on a 7,656 square meter landholding opposite Sorrento Beach, approximately 1 kilometer from Hillary’s Marina.
Goldfields Group intends to continue operating the hotel and has plans for a mixed-use development on the site, contingent upon the completion of rezoning.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
Copyright BlazeThemes. 2023
