Buyers look to Chevron

Local owner-occupiers and investors are showing plenty of interest in the Stanhill

AN eight-level “viewing platform” built for potential buyers to see the vistas on offer at the new $35 million Stanhill apartment development has created plenty of interest in the project.

The project, on Chevron Island, has officially hit the market following strong buyer demand.

The nine level building will be built on a 1,639sqm site on the corner of Stanhill Drive and Weemala St, and offer views of the waterways and Surfers Paradise skyline.

Marquee Development Partners’ CEO Mark Spedding said initial buyer demand exceeded expectations.

“We built an eight level viewing platform on site so prospective buyers could witness the spectacular vistas on offer, and this has resulted in a number of reservations taken,” he said.

“Feedback from those who have inspected the site and our development plans has been extremely positive, with significant value for money, high quality design and the lifestyle on offer cited as the top reasons for choosing Stanhill Chevron Island.”

Stanhill comprises a mix of two and three bedroom apartments, priced from $499,000 to $799,000.

“We have partnered with the awardwinning BDA Architects to ensure the design of Stanhill is commensurate with its location, complete with a resort-style rooftop space including a large spa, gym, barbeque terrace and private dining room, where residents can relax and watch the sun set over the river and mountains,” he said.

“This is complemented by another pool at ground level providing an additional private recreation space.”

“We have engaged renowned builder Rawcorp to commence construction this December, so buyers at Stanhill can have confidence the project is moving ahead, with completion expected in the first quarter of 2020.”

Mr Spedding said early interest in the project stemmed from local owner occupiers and investors looking to leverage Chevron Island’s transformation into the city’s cultural heartland.

“Chevron Island is undergoing a renaissance through urban gentrification, led by the ongoing development of the Home of the Arts (HOTA), which will soon boast a new $60 million art gallery as part of a planned $380 million cultural precinct” he said.

“With early works underway to establish a green pedestrian and cycle bridge linking Chevron Island to HOTA, residents will soon be less than a five-minute walk from the best music, art and entertainment the city has to offer. “

He said easy access to the light rail with access to Helensvale and Brisbane was also a big drawcard.