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GOLD Coast developer Aniko Group has achieved a near sell-out of its latest Hope Island development, with $53 million in sales prompting the company fast-track construction within weeks.

Ninety per cent or 53 of the residences at 53 Grant Avenue have been snapped up, of the total offering of 58 townhouses and duplex waterfront villas.

“35 Grant Avenue has appealed to a broad cross-section of buyers from singles, couples, families and retirees,” said Aniko Group managing director George Mastrocostas.

“All have been drawn by the waterfront lifestyle afforded by the location and the level of amenities we have included to elevate the residential offering.”

35 Grant Avenue is set in a gated community and will feature a range of amenities for residents including a pool area with sunbeds and outdoor showers, a communal herb garden, barbeque facilities and a fire pit. There will also be an expansive park precinct with meandering walkways and gardens, and the backyards of a number of townhomes will connect directly to the community’s central park and pool recreation areas.

Also available is a select number of marina berths that provide bridge free access to the Gold Coast island waterways and the Broadwater, with access exclusive to the residents.

Prices for the remaining residences range from $875,000 for townhouses to $1.5 million for the waterfront villas which come with a private waterfront plunge pool.

Aniko Group plans to start construction of 35 Grant Avenue this month.

35 Grant Avenue adds to the company’s successful portfolio of projects at Hope Island totalling more than $500 million over the last three years. Last month it received the green light for $145 million waterfront development Athena Quays, which will have 177 apartments across two eight-level towers built over two stages on 10-12 Sickle Avenue, adjacent to the company’s Athena Residences currently under construction.

Gold Coast apartment supply plummeted to record lows during the March quarter, with just 411 new apartments available according to Urbis.

Continue reading at Australian Property Journal

Originally published by Australian Property Journal
JULY 20, 2022