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A luxury apartment project is proving popular with buyers keen to get a foothold in one of the Gold Coast’s most affordable lifestyle suburbs.

A LATE wave of summer sales has pushed a Hope Island apartment project past 70 per cent sold.

No. 1 Grant Avenue achieved $4.2 million in sales in the final week of February, with one new buyer signing on each day of that week.

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Aniko Group managing director George Mastrocostas said buyers were mostly owner-occupiers, namely retired downsizers and first-home buyers, keen to get into Hope Island.

“We’ve been fielding inquiries from a broad range of potential buyers, many of them locals,” he said.

“Buyers see Hope Island as a maturing market that has everything close at hand.

“It’s also coming into its own as one of the Gold Coast’s last affordable lifestyle suburbs.”

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Excerpt only. Continue reading at Gold Coast Bulletin

Originally published by Weekend Gold Coast Bulletin
Article by Janelle Estreich, March 14, 2020