Lulu, an exciting new concept from the renowned Australian Venue Co. is gearing up to make its grand debut in September. Lulu promises to be a fresh and vibrant addition to the local scene, located on a prime rooftop on the bustling corner of Cavill Avenue and Orchid Avenue.
Australian Venue Co. aims to capture the area's spirit, creating a unique and dynamic environment that stands out in the competitive landscape of hospitality and entertainment in Surfers Paradise.
Alma Property is proud to have handled this recent transaction, with the negotiations occurring over the last few months to guarantee satisfactory terms for both the landlord and the tenant.
About Australian Venue Co.
The country’s second-largest hotels group currently operates 195 venues in Australia, 84 in Queensland, 39 in Brisbane and 8 on the Gold Coast.
Nationally the company owns hotels and bars including the following:
Gold Coast Burleigh Town Hotel, Diamonds Tavern Varsity Lakes and The Local Tavern Surfers.
Brisbane, Regatta Hotel, Boundary Hotel, and Riverfront Fridays Bar.
Melbourne Auburn Hotel, College Lawn Hotel and Middle Park Hotel.
Sydney Bungalow8, Cargo and Kingsley’s Woolloomooloo.
Adelaide Parkside Hotel and The Unley.
Perth Claremont Hotel and Bassendean Hotel.
In a recent article for The Australian Financial Review, Aus Venue Co highlights its ongoing growth ambitions.
Other tenants:
The Yankee's Restaurant & Bar
In the very same redevelopment, Alma Property was able to attract and secure another excellent F&B concept for the major ground floor tenancy.
The 327m² shop directly benefits from the high passing traffic and external covered seating area in the most commercial busiest intersection on the coast.
The Yankee's Restaurant & Bar brings a taste of American cuisine, featuring a diverse menu inspired by New York City’s vibrant food scene. Yankees promises to satisfy big appetites with its generous portions and lively atmosphere.
Other tenants have been actively trading from other ground floor tenancies include:
7 Eleven
One of Australia’s largest private companies with more than 700 stores across the country.
Baskin Robbins
Premium ice cream, specialty frozen desserts and beverages. 7,300 retail shops worldwide.
Million Life
A large variety of entertainment machines coupled with an elegant ambience.
Last Remaining Tenancy for Lease
A 673m² cold shell tenancy on level 1 remains available for lease. This prime site is suitable for a variety of uses. More info can be found here
Location
Positioned conveniently within a mere 150m of Surfers Paradise’s primary beach entrance and less than 100m from the Cavill Avenue Light Rail Station, the site enjoys a strategic location.
The excellent location provides remarkable pedestrian flow and exposure within one of Australia’s most bustling strip mall areas. Surfers Paradise stands as a prominent destination, attracting a significant portion of Australia’s domestic tourism, and boasting a longstanding history of robust international tourism from various corners of the globe.
Surfers Paradise, situated along Queensland’s Gold Coast, is a coastal haven for tourism. Renowned for its towering skyline and the pristine white sands of Surfers Paradise Beach, the area offers an array of local markets, festivals, upscale venues, and retail establishments, creating a comprehensive environment for relaxation and enjoyment.
Redevelopment
The Corner of Cavill & Orchid Avenue is a long-term investment owned by on of Alma Property's valued clients who believes in the future of the Gold Coast. The below images show the site's progression before and after the construction completion of this iconic corner site.
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At Alma Property, we're dedicated to securing the best market deals for our clients through close collaboration. Stay tunned for more updates from our team.
