Published 3 months ago

The curious case of the Jewel and the Gold Coast's near-empty $1.5b towers

Summary by Ground News

The $1.5 billion Jewel development in Surfers Paradise has three towers. The three towers include 340 units, 169 five-star hotel rooms and 170 serviced apartments. Three years after construction finished, only 88 units have been sold. The entire south tower is empty and its units have never been listed for sale or rent.

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ABC Australia

The curious case of the Jewel and the Gold Coast's near-empty $1.5b towers

The Jewel's eye-catching towers are the sparkling gem in the Surfers Paradise skyline, but three years after they were built, hundreds of luxury apartments remain empty and most are not up for sale.

3 months ago·Australia

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