Owner occupiers and investors are zeroing in on Bohème Apartments at Robina as the area continues its rise as the centrepiece of Gold Coast City’s future growth.
Buyers have rushed to secure an apartment in the dual tower Bohème, which is already more than 70 per cent sold off-the-plan, with sales totalling $41 million.
The development has appealed to a diverse mix of buyers keen to take advantage of the limited supply of new apartments in Robina with low vacancy rates and high demand for rental properties in central Gold Coast City.
Demand is only set to increase, with Robina/Varsity identified by a string of Australia’s most reputable property researchers and demographers as a key centre for growth over the next three decades.
According to leading futurist and demographer Bernard Salt, Robina/Varsity will be the epicentre of Gold Coast City’s expansion, with its population, infrastructure and employment expected to more than double between now and 2050.
Mr Salt says the area is ideally placed to offer the right mix of jobs and services to suit the city’s changing demographic, with the future vision for the area on point.
“I am a believer in the Gold Coast. I am an optimist about the Gold Coast,” he said.
“Here is a place willed into existence by the Australian people and whose future growth is both assured and channelled by planning into an elongated urban form, with Robina in the middle. It doesn’t come any better for a locality.”
Independent property analyst Urbis Research also found Robina would continue to be a key driver of Gold Coast City’s economy.
Urbis director Malcolm Aikman said the economy of Robina/Varsity, was predicted to grow 280% to $5.4 billion and jobs to increase by 74% by 2050.
“Robina/Varsity has prudently aligned itself with employment trends, cementing itself as a key business district well into the future,” he said.
Bohème Apartments is being developed by The Robina Group, just 200 metres from Robina Town Centre, a major employment and recreational hub attracting more than 260,000 visitors a fortnight.
The Robina Group sales manager Azura Griffen said the location, which allowed residents to live, work and play all in the immediate area, was appealing to both owner occupiers and investors.
“Bohème offers a true walkable lifestyle, with everything you could need literally at the doorstep,” she said.
“The project has been carefully designed to negate the need for a car. Robina Town Centre, with its shops, restaurants, cafes, cinemas and services is only 200 metres away and the community is connected to recreational, commercial, residential, health and education hubs by a series of landscaped walkways and cycle paths.
“The apartments are high quality, with premium fittings, fixtures and finishes, and the fact they are designed and developed by The Robina Group, which has a 35 year history of delivering in Robina, gives purchasers confidence when buying off the plan.
“The location to major infrastructure such as Bond University, Cbus Stadium and major employment centres has long driven strong rental demand in the area, with new apartment projects often having rental waiting lists prior to completion.”
Bohème Apartments is the focal point of the award-winning $250 million CityVillage community, one of The Robina Group’s most successful communities to date. Two bedroom apartments start from $459,000.
A full scale, furnished display apartment is open at The Crestway, Robina, between 10am and 5pm daily. For further information visit cityvillage.com.au or contact Robina Group residential sales manager Azura Griffen on 0488 980 181.
Originally Published On: http://www.theurbandeveloper.com/