Aniko Group to fast track construction of 35 Grant Avenue as project edges closer to a near sell out

Gold Coast developer Aniko Group has achieved a near sell-out of its latest Hope Island development, the $58 million 35 Grant Avenue, prompting the company to fast-track construction within weeks.

The sales success, achieved ahead of the official launch of the luxury waterfront project, has been driven by strong demand from local buyers looking to secure a position in the northern Gold Coast’s most sought-after lifestyle suburb.

The development, located at 35 Grant Avenue, has achieved sales of $53 million as buyers snapped up 53 residences, or 90 per cent of the total offering of 58 townhouses and duplex waterfront villas.

35 Grant Avenue is set in a gated community and features an expansive park precinct with meandering walkways and gardens, while the backyards of a number of townhomes will connect directly to the community’s central park and pool recreation areas.

Just five residences remain for sale in the development, including two waterfront villas.

The $53 million in sales achieved by Aniko represent an average price of $1 million for 35 Grant Avenue, highlighting the continued strength of the market for quality residences at Hope Island.

Prices for the remaining residences range from $875,000 for townhouses to $1.5 million for the waterfront villas which come with a private waterfront plunge pool.

“35 Grant Avenue has appealed to a broad cross-section of buyers from singles, couples, families and retirees,” said Aniko Group managing director George Mastrocostas.

“All have been drawn by the waterfront lifestyle afforded by the location and the level of amenities we have included to elevate the residential offering.

“35 Grant Avenue has been designed as a stand-out development for the Hope Island waterfront precinct by bringing a sense of space and proportion through the inclusion of extensive open areas on site.”

Designed for resort-style living, the development will feature a range of state-of-the-art amenities for residents including a spacious pool area with sunbeds and outdoor showers, a communal herb garden, barbeque facilities and a fire pit.

Also available is a select number of marina berths that provide bridge free access to the Gold Coast’s aquatic playground of island waterways and the Broadwater, with access exclusive to the residents.

35 Grant Avenue builds on Aniko’s extensive experience in creating premium residential addresses at Hope Island where it has led the way with three previous successful projects.

The latest development adds to the company’s successful portfolio of projects at Hope Island totalling more than $500 million over the last three years.

Aniko Group plans to start construction of 35 Grant Avenue in July.