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DEVELOPER George Mastrocostas has followed the successful sellout of a Labrador tower with 40 per cent presales at his latest Hope Island project.

Mr Mastrocostas said the project’s launch coincided with Urbis research highlighting an undersupply of new apartments in the Hope Island area, with fewer than 49 remaining for sale.

“We knew there was going to be a lot of interest because of the shortage in the area, but to have sold 42 apartments is a great start to our sales and marketing campaign,” Mr Mastrocostas said.

Excerpt only. The entire article is available via Gold Coast Bulletin

Originally published by The Gold Coast Bulletin 
Article by Gold Coast Bulletin, November 6, 2019