John Fish to Sell Queensland Development Site

GOLD Coast property developer John Fish can expect to make about $35 million from the sale of a 68,000 square metre development site at Hope Island.

The site includes the Marina Quays Tavern.

Paul Smerdon, a spokesman for developer the Fish Group, told the AFR the project would be better suited to someone with more experience at running mixed use sites.

He said the company has received overseas buyer interest for the site, and that financial pressure wasn't driving the listing.

The tavern includes 40 gaming machines and returns $800,000 per annum in rent.