Multiplex Living sells out Pandanus Pocket in Casuarina Beach
Published: 07/12/2009
Developer Multiplex Living has completed the sellout of its Pandanus Pocket project at Casuarina Beach – the 32 dwelling boutique beach home enclave designed by award-winning architects Donovan Hill.
The final 9 homes in the project were snapped up in a $2.2 million buyer rush over the past 2 months, with purchasers acting quickly to secure the affordable beachside properties priced from just $185,000.
Multiplex Living Sales and Marketing Director Tim Willing says those who have missed out on purchasing in Pandanus Pocket may look at nearby project Cotton Beach, where Multiplex Living has apartments in the beachfront complex from just $279,000.
Mr Willing says he anticipates Cotton Beach will mirror the success of Pandanus Pocket, as both projects appeal to a niche market looking for an affordable seachange in the Tweed Coast region.
“The latest spate of sales at Pandanus Pocket in recent weeks demonstrates that buyers are recognising that now is an opportune time to take advantage of affordable prices ahead of the next market upswing,” Mr Willing said.
“In addition to being excellent value, the success of Pandanus Pocket has been underpinned by the flexibility of the product and its great location in the heart of Casuarina, just 100 metres from the beach,” Mr Willing said.
“Both Cotton Beach and Pandanus Pocket have the advantage of being one of the few apartment projects in the region with development approval for both permanent occupancy and holiday letting.
“With this fantastic location and the option to live in or rent the apartments, we expect Cotton Beach will have strong appeal to both owner occupiers keen for an affordable seachange and investors looking for consistent, solid returns.”
Mr Willing says with construction on Cotton Beach complete, purchasers can move into a brand new apartment without delay.
“These apartments have been designed by award-winning Australian architect Noel Robinson and developed by Multiplex Living, and have been fit out with a very high standard of fittings and finishes.
“Residents and guests can enjoy a range of resort-style facilities on site including a lap pool, lagoon pool, steam room and gymnasium.”
Cotton Beach is located just 15 minutes south of Gold Coast airport, 70 mins south of Brisbane and 30 mins north of Byron Bay.
The development comprises a total of 129 one, two and three bedroom apartments within a three level building. One bedroom apartments are priced from $279,000, while two and three bedroom units start from $399,000 and $599,000 respectively.
Prospective purchasers can visit the sales suite and furnished display apartments at Cotton Beach at 685-707 Casuarina Way, Casuarina Beach, which is open daily from 10am to 4pm. For further information, contact 1300 88 99 79 or visit www.multiplexliving.com
ENDS.
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