Property Highlight – Hope Island, SE Queensland
2 bedrooms, 2 bathroom apartment with 1 parking
94sqm internal, 14sqm external
Vacancy rate as at October 2023 2% (anything below 3% is considered excellent)
Scheduled for completion mid 2025
Rental appraisal (based on current stats) $650-$750 per week
Lock in your commitment and the price now!
Prestigious Hope Island is currently experiencing remarkable growth as an exclusive and sought after suburb on the northern end of the Gold Coast. It is a close knit community known for its world class course golf courses, deep canal marinas, waterfront resorts, excellent dining and shopping options.
Its appealing lifestyle, strong economy, and ongoing infrastructure development are making it an immensely attractive destination for both residents and investors. The real estate market in the region is thriving due to limited property availability and increasing demand, presenting notable investment prospects.
The upcoming 2032 Olympics in Brisbane are set to bring substantial infrastructure upgrades and economic growth to South East Queensland, further enhancing its appeal for investment.
Whilst you have everything right on your doorstep, this property is just 10 mins from the Pacific Motorway, 45 mins from Brisbane CBD, 20 mins from Main Beach and 40 mins from Gold Coast Airport. It’s 5 mins from Hope Island Shopping Centre and 8 mins from Sanctuary Cove. Gold Coast University Hospital is 15 min drive, as is Griffith University and there is a selection of top tier public and private schools within 5 to 15 min radius.
Construction of a new train station underway in Hope Island that will improve connectivity to the Southern Gold Coast and Brisbane.
The robust demand for housing and the limited availability of properties have been the driving forces behind residential development projects on the Gold Coast and South East Queensland. This surge in demand can be attributed to several factors, including the region’s appealing lifestyle, economic growth, expanding job opportunities, and improved infrastructure. These attractions have not only drawn domestic residents but also an increasing number of international migrants. Furthermore, the influx of visitors and international students has added to the already high demand for housing and accommodations in the area.
Comprising of a total of 72 apartments spread across five separate buildings with a maximum height of 5 storeys, this development is centered around a communal pool area.
This venture was initiated by a prominent local developer on the Gold Coast. Remarkably, he has held ownership of the land for over two decades. Given the substantial increase in land value over the years, this advantageous purchase has enabled him to undertake the development and construction of the apartments at a highly competitive price point, bringing to market prices that Hope Island or the greater Gold Coast hasn’t witnessed in years and may very well never see again.
Features of each apartment includes:
- Spacious oversized living areas
- 2.7m ceilings
- Matt black tapware
- Stone benchtops in kitchen
- Hybrid timber flooring in living room
- Carpets in bedroom
- Split system air conditioning in living room
- Double glazed windows
To discuss how this remarkable property can fit into your property portfolio and investing strategy, please get in touch.