Changes lure more buy­ers

Weekend Gold Coast Bulletin - Property - - APARTMENT - 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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