Weekend Gold Coast Bulletin - Property

Changes lure more buyers

- ANNAH SBEGHEN

REVISED plans for a Surfers Paradise high-rise have esulted in $10.5 million worth f sales. The 33-level Essence tower, riginally launched in 2015, was re-worked after market eedback saw owner-occupiers demanding more parking paces and larger rooms. Developer Morris Property Group has now made 20 sales n the 183-apartment project. Two-bedroom apartments ange from 98sq m to 162 sq m while three bedrooms are up to 32sq m. Prices range from 495,000 to $899,000. Finishes include Parisi apware and Ilve appliances.

The tower will be built on site of the old Oak building on the corner of Remembranc­e Drive and Gold Coast Highway.

Knight Frank Director of project marketing Chris Litfin said buyers had responded enthusiast­ically to the revised developmen­t plan.

“Buyers really like the fact that they can live in the heart of Surfers Paradise but can still enjoy hectares of riverfront parkland – it is like an oasis in the city,” Mr Litfin said.

“The previous plan had a wave of inquiry from local downsizers that wanted to be in a central position on the Gold Coast. But, they wanted bigger apartments and extra car parks, particular­ly with the three-bedroom apartments.”

Mr Litfin said sales had skyrockete­d since the changes were made.

“Buyers are also amazed that the apartments start at only $495,000 – which allows downsizers the opportunit­y to sell their existing house and relocate, with change in their pockets to travel,” he said.

Morris Property Group developmen­t manager Brodie Lister said the price point and location, away from the Surfers Paradise nightclub and restaurant area, made it attractive to owner-occupiers.

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