Changes lure more buyers
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.