Beach com­plex just steps from the sand

The Weekend Post - Real Estate - - Front Page - BIANCA KEEGAN

ben­e­fit of mod­ern con­struc­tion and no on-site man­age­ment, body cor­po­rate costs have also been kept to a min­i­mum – some­thing we see as a real point of dif­fer­ence in the mar­ket.”

The first 11 units in the 15-unit com­plex have been com­pleted, with own­ers likely to move in be­fore Christ­mas.

“Con­struc­tion is on­go­ing for ... three ad­di­tional units and a de­tached villa,” Mr Quaid said.

“Com­ple­tion is an­tic­i­pated by the end of the cal­en­dar year.”

Prices cur­rently range from $295,000 to $350,000.

“While Clifton Beach has long been re­garded as one of our more fam­ily-friendly res­i­den­tial neigh­bour­hoods on the north­ern beaches, like much of Cairns there has been lit­tle new unit de­vel­op­ment in the past five years.

“As con­di­tions have im­proved how­ever, a real de­mand has emerged for mod­ern apart­ment liv­ing and some­thing “dif­fer­ent” in the mar­ket.

Mr Quaid said the units would likely ap­peal to young cou­ples look­ing for low-maintenance liv­ing, first-home buy­ers wanted to tap into the $20,000 First Home Owner’s Grant and in­vestors opt­ing for a “lock and leave” prop­erty.

“We see the apart­ments as pre­dom­i­nantly of­fer­ing ap­peal for long-term liv­ing, ei­ther owner oc­cu­pied or ten­anted.

“How­ever, there is cer­tainly po­ten­tial for hol­i­day use of the apart­ments, ei­ther year round or while own­ers are away.

“Ser­vices such as AirBnB are be­com­ing in­creas­ingly pop­u­lar and of­fer own­ers a rel­a­tively easy en­try to that mar­ket.”

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