SUCCESS HASTENS STAGE 3
Construction of the third tower within the $162 million Cambridge Residences development will start in February, with strong sales prompting the developer to fast-track the project.
The third stage of the four-tower project offers a mix of one, two and three-bedroom apartments priced from $330,000, with the 164 apartments in the first two towers sold out.
Eastview Australia project manager Graham Goldman said the third tower was scheduled to be completed by Condev Construction by August 2019.
“We expect Tower 3 will mirror the sales success that drove the sellout of the first two towers where buyers, particularly those buying their first home, were galvanised by the very reasonable price point,” Mr Goldman said.
“Another compelling feature is the location on the doorstep of Robina Town Centre ... residents are just minutes from a major shopping, dining and entertainment complex, public and private hospitals, a major medical precinct and Robina Train Station.
“And they have easy access to the M1, connecting them with the wider Gold Coast region and Brisbane.”
The Agency director of projects Steven Chen said Tower 3 of Cambridge Residences offered some of the best value apartments on the Gold Coast, particularly for first home buyers and investors.
Tower 3 will consist of 127 apartments across 12 levels, with resident facilities including a swimming pool, gymnasium, barbecue area and basement parking.
Apartments range in size from 74sq m to 158sq m, which includes balcony and courtyard areas.
One bedroom apartments start from $330,000, with three bedroom apartments priced from $626,000.
Once completed, Cambridge Residences will consist of 386 apartments across four towers.
The third stage of the four-tower Cambridge Residences project offers a mix of one, two and threebedroom apartments priced from $330,000, with the 164 apartments in the first two towers sold out.