MOV­ING A STEP HIGHER

The Courier-Mail - Home - - HOME - ALIS­TER THOM­SON

CAR­RARA’S Michael Mackech­nie and fi­ancee Na­dine Aron are two of an in­creas­ing num­ber of buy­ers snap­ping up apart­ments on the Gold Coast.

The pair bought a twobed­room villa off the plan at Emer­ald Lakes de­vel­op­ment The Res­i­dences and said apart­ment liv­ing suited their busy life­style.

“We just started up our own ac­count­ing firm so we don’t have a lot of time to main­tain a prop­erty,” Mr Mackech­nie said.

It is the pair’s se­cond apart­ment bought on the coast – they cur­rently live in Emer­ald Lakes and said they wanted to upgrade from their onebed­room apart­ment.

“We wanted to move into a big­ger place,” Mr Mackech­nie said.

“It was ac­tu­ally pretty cheap (and) value for money.”

The 27-year-old said he thought the prop­erty mar­ket was heat­ing up on the Coast, par­tic­u­larly with the im­pend­ing Com­mon­wealth Games.

Ur­ban Con­struct’s man­ag­ing di­rec­tor Todd Brown said young cou­ples like Mr Mackech­nie and Ms Aron were typ­i­cal of the buy­ers in­ter­ested in The Res­i­dences, which will in­clude 124 two and three­bed­room vil­las.

“Those that want to trade up from an apart­ment to larger liv­ing have grav­i­tated to­wards the hill­top lo­ca­tion as it pro­vides the best of both worlds – apart­ment-like liv­ing with real out­door space,” Mr Brown said.

Al­most 75 per cent of The Res­i­dences have sold since their re­lease to the mar­ket in De­cem­ber.

Two-bed­room vil­las start from $459,900 and con­struc­tion is ex­pected to start in May.

“It was ac­tu­ally pretty cheap (and) value for money.”

TRAD­ING UP: Na­dine Aron and Michael Mackech­nie have up­graded from a one-bed­room apart­ment to a two-bed­room villa bought off the plan at The Res­i­dences, Emer­ald Lakes.

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