February 2, 2018
Property Wrap: The Peninsular Residences, Gold Coast
Golden sand, crystal clear waters, exciting nightlife and international tourism hotspots go hand-in-hand with Australia’s youngest city, the Gold Coast. But there’s more to this burgeoning hub than the bright lights of Cavill Avenue and the glistening shores of Surfers Paradise Beach.
Australia’s newest city, The Gold Coast, at just 59 years young has evolved like no other and represents modern Australia with innovation, free spirit and lifestyle. The Gold Coast is the Southern Hemisphere’s number one lifestyle and entertainment precinct, hosting a broad array of amenities and events set in one of the world’s most picturesque landscapes.
Profile shines the spotlight on Australia’s fastest growing city, including the newly announced Peninsular Residences in Surfers Paradise.
Here are seven reasons why the Gold Coast is Australia’s most exciting city and the perfect place to invest in for the future:
World Class Real Estate: The Peninsular Residences
Peninsular Residences is superbly positioned overlooking the main river, boasting an ever-changing backdrop from the Gold Coast skyline, the glistening waterways and the vivid sunsets over the Hinterland.
Centrally located in the CBD of one of Australia’s largest cities and the Southern Hemisphere’s number one tourism and entertainment destination, the spectacular apartments offer expansive water and city views fn the serene Surfers Paradise peninsular.
The median apartment sale price in Surfers Paradise is $756,00, however, the architecturally designed Peninsular residences come in at a fraction of that figure, with an average sale price of $538,000 for a two bedroom, two bathroom apartment, making it a no-brainer for investors.
Outstanding value and exceptional location is just the beginning of the long list of features that make the Peninsular Residences stand out. It’s an oasis in the heart of paradise featuring bathrooms that are inspired by luxury health spas and an entertainer’s kitchen flawlessly appointed with European appliances, stone benchtops and contemporary gold-coloured accents.
Plus, vacancy rates on the Gold Coast were as low as 0.9 per cent during the 12 months to Q3 2017, making it the tightest rental market of all major cities in Australia. What’s not to love?