Sales at Signature Broadbeach exceed $153 million
Interstate and local buyers have helped drive luxury apartment sales at Signature Broadbeach to a total of $153 million following a busy start to 2020 for the developer Little Projects and marketing agent KM Sales and Marketing.
Sales gathered pace in the first quarter of theyear as construction progressed on the $210 million project, which is backed byhigh-profile Melbourne businessman Paul Little.
Director of KM Salesand Marketing Jayde Pezet said the sales to date mark asuccessful debut to the Gold Coast market for Little Projects.
“We are pleased toannounce that Signature Broadbeach has now secured buyers for 184 of its 245apartments since its launch,” Mr Pezet said.
In its latest construction update, LittleProjects says basement foundations and perimeter walls have been completed andexcavations for the four-level basement carpark are well advanced.
The tower crane is expected to be on site inlate April as construction progresses in earnest on the 35-storey development.
Designed for resort-style living in the heart ofBroadbeach, Signature Broadbeach is proving to be‘something for everyone’, including international buyers, according to LeightonPyke, director of LittleProjects.
“Sales andinquiries are coming from a variety of quarters, largely local owner-occupiersand interstate investors, primarily from Sydney, Melbourne and rural Victoria,” said Mr Pyke.
“Interstate investors are purchasing for anincome earning lock-and-leave holiday home on the Coast, and that’s been asolid trend since the launch of this project.
“We’ve also had a number of internationalinvestors among our buyers, mainly from New Zealand and Japan. Inquiries havebeen quite healthy across the board.”
SignatureBroadbeach has been specifically designed to offer the best in resort-styleliving within easy access to the urban amenities of one of the Gold Coast’smost sought-after beachside suburbs.
Located at12-18 Philip Avenue, it is just half a block from a patrolled beach and oneblock from the centre of Broadbeach. It is within walking distance of PacificFair, Star Casino, the Gold Coast Convention and Exhibition Centre and the caféand dining heart of Broadbeach.
The development offers a combination of one, two and three-bedroom apartments, all oriented towards the ocean to maximise views, with prices starting from $515,000.
Award-winningdesign team Rothelowman and SJB Interiors have crafted the project and itsinteriors with the apartment owner in mind.
“The qualityof fittings and the level of resident amenities are among the highlights thatbuyers have noted within this development, and it’s just as important forinvestors as it is for the many owner-occupiers who have been won over bySignature,” said Mr Pyke.
Residents’amenities include a 50-metre infinity-edge pool and a recreational heart knownas Deck at Signature. This comprises an entire level featuring a landscapedlawn area, barbecue and teppanyaki facilities, private lounge and dining room,sauna, steam room and spa, gymnasium and cinema.
SignatureBroadbeach is a joint venture between Melbourne-based, internationalaward-winning Little Projects, chaired by Mr. Little, and KM Develop, a leadingAustralian property development business led by Haydn Law.
LittleProjects are considered Melbourne’s premier private developer having delivered over2,000 apartments and townhouses across the city.
KM Develop, operatingsince 2002, have a combined 65 years’ experience, specialising in projectacquisition, development and delivery.
Together therenowned developers have delivered projects totalling over $3.5 billion across residentialand commercial markets throughout Australia.
The luxury Signature Broadbeach development is scheduled for completion in the first half of 2022.
For more information or to register your interest visit https://signaturebroadbeach.com.au/.