Aniko Group are re-defining the Gold Coast's North Shore with stellar sales at $140 million project

Aniko Group, on the back of a stunning 2020, is looking to go bigger and better in 2021 with a raft of new projects which are re-shaping the northern Gold Coast hotspot of Hope Island.

Aniko Group has unveiled further plans for its stunning $140 million No.1 Grant Avenue project in Hope Island which will be followed by its New York inspired upcoming apartment project at the site of No. 35 Grant Avenue. 

Late last year the Gold Coast-based company lodged a long-awaited DA for a site at 6-8 Sickle Avenue – located adjacent to No. 1 Grant Avenue. The developer’s plans for the site will see a luxury entry way statement created into the Hope Island, Sanctuary Cove precinct. 

The insatiable appetite for luxury apartments in the No.1 Grant Avenue project has shown no signs of subsiding with buyer’s pouncing on the second stage of the development as they flock to the Gold Coast.

The Hope Island project has tapped into the strength of the downsizer, owner-occupier market recording a stellar sales campaign throughout the year, securing more than $40 million in sales in the second stage alone.

More than 70 per cent of apartments have sold, only weeks after Aniko Group turned sod on stage two, following the astounding sell-out of stage one which occurred in less than 12 months.

George Mastrocostas, managing director of Aniko Group, said that the rapid sell-out of stage one gave them the confidence to fast-track the launch of stage two.

“To have achieved such exceptional sales and demand for our projects during a year that was filled with a lot of uncertainty is a testament to the quality offering we have brought to market,” said Mr Mastrocostas. 

“The market has remained exceptionally strong during Covid and buyers who missed out on securing an apartment in stage one have already purchased within stage two.”

Aniko Group have achieved remarkable results in 2020 with their profile of projects, becoming one of the most active and leading developers on the Gold Coast. 

They are also behind the launch of the Gold Coast’s largest display village, enabling buyers to see the level of architecture and the quality of amenities on offer. 

The Hope Island project appeals to range of local owner occupiers who want to downsize into a luxury new residence whilst remaining in the area they love, as well as a handful of interstate buyers seeking a coveted waterfront lifestyle on the Gold Coast’s North Shore with some purchasing sight unseen.

“There’s no doubt that the Gold Coast is one of the hotspots for residential property and with great lending conditions we are certainly seeing buyers transitioning into their next investment journey whether it is as an owner occupier or investor.”

“With the recent border re-openings, we expect to see an increasing number of southern buyers purchasing in the project and we look forward to meeting the buyers who purchased in stage one, sight unseen, who haven’t been able to see their apartments until now.”

Stage two of the $140 million development will feature 105 two, two plus study and three-bedroom apartments with a range of bridge free marina berths available along the Hope Island canal.

The developers have also responded to the changing environment by designing a ‘post pandemic’ office precinct in Stage two to meet the needs of those working from home as a result of Covid.  

The second stage will also feature a spectacular recreation area with amenities including a health club designed by celebrity fitness guru Michelle Bridges, a children’s play centre, theatre, residents lounge and outdoor cooking and dining facilities.

The amenities on offer are in line with the level of luxury that has become a trademark across Aniko Group’s projects.

The company’s plans for their 6-8 Sickle Ave project, to be announced over the coming months, will create a luxury entryway into the Sanctuary Cove precinct, with further plans to be announced early this year.

NewsfeedChris Campbell