Southport Towers price reduction
May 24, 2010
As financial pressures continue to take their toll on developers, the recent appointment of Which Property? by Receivers and Managers to sell-off the remaining stock in Southport Central Towers 2 and 3 is creating some excellent opportunities for both shrewd investors and those looking to enter the property market.
Mark Montague, Director of Project Marketing & Sales for Which Property? says prices in this premier Gold Coast CBD location have been reduced.
“The apartments represent great value for money and with many Gold Coast developments being put on hold due to financial pressures, we anticipate prices will rise again in the medium term as the demand for housing increases,” said Mark.
“Now is the time for people to capitalise on this before we enter the next growth cycle. I am confident that property values on the Gold Coast will experience a strong recovery given the desirability of the location and it being identified by the Bureau of Statistics as Queensland ‘s fastest growing city.”
Which Property? has released Southport Central Towers 2 and 3, positioned in Southport , just minutes from Surfers Paradise, the Broadwater and some of the world’s best beaches. The development comprises of large one bedroom apartments with a study and two bedroom apartments with or without study options with a range of floor plans.
All apartments feature sweeping views of the Gold Coast , ranging from the Southport Broadwater, Pacific Ocean , Hinterland, Nerang, and Surfers Paradise.
“Location is a vital element of making good investment decisions and Southport Central Towers offers easy access to a diverse range of facilities including Australia Fair Shopping Centre, Private Schools, Universities, the Gold Coast Hospital and Public Transport,” said Mark.
“Adding even further value to the area is a proposed new light rail system that is expected to be constructed by 2014 and pass directly in front of the development along Scarborough Street . This additional transport service will considerably reduce travel times and improve accessibility to Surfers Paradise & Broadbeach.”
Prices start from $353,000. For more information, please contact Which Property? on 07 5555 0222 or email info@whichproperty.com.au.
Ends.
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