CAMBRIDGE RESIDENCES LAUNCHES SECOND STAGE

Written on the 19 February 2016

CAMBRIDGE RESIDENCES LAUNCHES SECOND STAGE

CAMBRIDGE Residences has released its second stage of apartments in Robina, after the first instalment was snapped up in less than 12 months.

Investors and owner-occupiers secured the first stage of 179 apartments at the $162 million development on Laver Drive.

SPG Holding and Shino Development Group have notched $65 million in sales since its launch to the market in December 2014.

Stage two features 213 one, two and three-bedroom apartments starting from $347,000 and ranging in size from approximately 75sqm to 150sqm.

McGrath Projects director Steven Chen is marketing the project and says the developers brought forward the next stage following sales momentum.

"Selling out stage one in less than 12 months was a great result and demonstrated buyers' appetite for what is being delivered at Cambridge Residences," Chen says.

"The project is appealing to a range of buyer groups who are attracted to the lifestyle benefits of being in the heart of the Gold Coast and the astute investment opportunity that exists."

Eastview Australia managing director Graham Goldman, who is developing and project managing the site, says the sales surge reflects demand in the suburb.

He says the affordable price combined with high-quality features proved hard to resist for buyers.

"Cambridge Residences is just 300m from Robina Town Centre and a few minutes' drive to schools, Bond University, beaches and the hospital - the position is ideal," Goldman says.

"From the open plan living and natural timber flooring to the spacious kitchens and panoramic views to the golf course, Cambridge Residences represents a highly liveable option."

The development will ultimately comprise 413 apartments across four towers.

 


Latest News

FORMER MFS EXECUTIVES HIT WITH DISQUALIFICATIONS AND MASSIVE FINES FOR MISAPPROPRIATING FUNDS

FIVE key players involved in an investment company that collapsed in 2008 owing $2.5 billion have been ordered to ...

SURFSTITCH BATTLING FOR SURVIVAL

QUEENSLAND based online retailer SurfStitch Group has gone into a voluntary trading halt for three months after it wa...

STARTUP SUCCESS BOILS DOWN TO PERSONALITY, SAYS EXPERT

THOSE who own startups will know that there are many essential qualities of a good entrepreneur; their tenacity, fina...

THE AMBITIOUS PLAN TO TURN A COLLAPSED FRANCHISE INTO AN EXPANDING BUSINESS

AUSTRALIA'S newest master franchise is set to launch in October as a commercial cleaning operation, resurrecte...

Related News

STARTUP SUCCESS BOILS DOWN TO PERSONALITY, SAYS EXPERT

THOSE who own startups will know that there are many essential qualities of a good entrepreneur; their tenacity, fina...

SLATER AND GORDON TAKES SPOTLESS TO COURT

SPOTLESS Group (ASX: SPO) has been hit by a class action launched by Slater and Gordon (ASX: SGH) in the Federal C...

TOPSHOP GOES INTO ADMINISTRATION AMID VOLATILE RETAIL MARKET

TOPSHOP has become the latest in a string of retailers blasted by the volatile retail market, as the iconic fashio...

SIGMA'S SHARE PRICE TAKES A BATTERING AS IT LAUNCHES LEGAL ACTION OVER SUPPLY DEAL

SIGMA Healthcare (ASX: SIG) has taken the MyChemist and Chemist Warehouse chains to court to demand they continue to ...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter