Resilient Media Entertainment

Thursday, July 19, 2012

#GoldCoast bargains attract #billionaires #JakeMitchell @FinancialReview #bennyquetell @resilient_ent #resilientmediaentertainment


Clive Palmer heads the list of several powerful businessmen who have pounced on the opportunity provided by depressed prices in the Gold Coast property market. Mr Palmer has bought seven luxury properties in the Sovereign Islands area. 

Property billionaire Bob Ell, tourism entrepreneur Tony Smith, John Zupps of Zupps car dealerships and Tom Hadley, son of cotton pioneer Frank Hadley, have all made major purchases on the Gold Coast this year. Cashed-up buyers are on the prowl for bargains at the high end of the market, said the chief executive of Ray White Surfers Paradise, Andrew Bell.  

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