Weekend Gold Coast Bulletin - Property

Locals lead rush to stake a claim in Hope Island

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ATHENA Quays, the latest offering from Aniko Group, has notched up more than $150m in sales in as little as three months as buyer demand for luxury waterfront living surges.

Locals are leading the sales charge in the Hope Island developmen­t, which follows on from and sits adjacent to the developer’s Athena Residences project.

Athena Quays will comprise two eight-level towers housing 177 apartments, with strong sales already being achieved across two stages.

Stage One is at near sell-out with 85 per cent of apartments sold, while 51 of 87 units in Stage Two have also sold, leaving only a handful of two- and three-bedroom apartments up for grabs.

The remaining apartments are priced from $639,000 to $1.995m.

Aniko sales and marketing director Peter Malady said local owner-occupiers were driving the buyer blitz after they missed out on a place in Athena Residences.

“The opportunit­y to secure such a generous-size, luxury waterfront apartment in the current market is extremely limited,” Mr Malady said. “As a result we have had strong sales.”

Managing director of Aniko Group, George Mastrocost­as, said the project had launched in spectacula­r timing to coincide with a market rife with demand for affordable high-quality housing in the heart of Hope Island.

“Our uncompromi­sing focus is on providing well-designed and affordable modern waterfront apartments, with unbeatable amenity and facilities at a time when supply on the Gold Coast is low,” Mr Mastrocost­as said.

With a $500m workbook under its belt, Aniko Group has been transformi­ng the Hope Island landscape for the past two years.

Constructi­on work on Athena Quays is expected to commence in the next few weeks with completion estimated to be in the second half of 2023.

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