Sunland closer to asset clear-out after Marina Concourse Village sells for $16.78m

One of the last undeveloped lots in property developer Sunland Group’s (ASX: SDG) dwindling portfolio, the Marina Concourse Village retail precinct on the Gold Coast, has sold in a deal worth $16.78 million.

The property, once home to the corporate headquarters of the now Brisbane-based company, comprises eight retail and commercial tenancies with potential for further development including marina berths.

The Marina Concourse Village is anchored by Gold Coast developer Homecorp, headed by Ron Bakir, while Sunland also retains a presence on the site.

Read More: https://www.businessnewsaustralia.com/articles/sunland-closer-to-asset-clear-out-after-marina-concourse-village-sells-for--16-78m.html