Gold Coast’s Q1 Deck up for grabs
Maurice Dunlevy | August 12, 2009
The observation deck of Australia’s tallest building is on the sale block after being seized by receivers in June.
Ernst & Young has ordered the $15 million to $20m sale of the Q Deck in the Gold Goast Q1 skyscraper as receiver and manager of the Octaviar group subsidiary Sunleisure Property Holding.
Octaviar, the former MFS, bought the deck as part of its $105m purchase of the Sunleisure business from Gold Coast developer Sunland in 2006.
The purchase included the retail precinct of Circle on Cavill as well as Sunland’s childcare business Sunkids, which was not affected by the receivership.
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