Live a life of indulgence at Australia's iconic Palazzo Versace when you pay just $309 (AUD 299) per night to stay in a Superior Room.

Including a bottle of Chandon sparkling wine, this deal will save you up to 32% off currently advertised rates for this opulent 5-star hotel.

Upgrade to a Lagoon Room for just $409 (AUD 399) per night and you’ll also receive breakfast for two.

Adorned with bespoke furnishings, rich tapestries and colourful silks, Palazzo Versace brings European luxury to the Gold Coast with the world’s first fully fashion-branded hotel.

Located right on the waterfront on Queensland's vibrant Gold Coast, the 5-star hotel is home to a private marina, three award-winning restaurants, the indulgent Palazzo Versace S.P.A and Australia’s only "Water Salon."

All guests will be treated to a nightly turndown service, complimentary in-room high-speed internet and unlimited access to Palazzo Versace Fitness and Wellbeing Centre including use of the gymnasium. They will also receive free secure self-parking each night.

Valid for stays until May 31, 2013.

Book by February 20.

Blackout dates: February 21-22, March 29-31, April 1 & 5-6, 2013.

Awards and Accolades: The recipient of more than 60 awards from prominent publications and organisations worldwide, Palazzo Versace was most recently named to the Conde Nast Traveller Gold List and awarded a ‘Certificate of Excellence’ by TripAdvisor in 2012. It also won "Best Luxury Australian Hotel" in The World Luxury Hotel Awards for 2011.