Stage 1 sell-out for $140 million No. 1 Grant Avenue at Hope Island

Prolific Gold Coast private developer Aniko Group has achieved a stunning sell-out of the first stage of its $140 million No. 1 Grant Avenue residential apartments at Hope Island.

AnikoGroup, headed by George Mastrocostas, has tapped into the strength of the GoldCoast’s strong downsizer, end user market, recording a complete sell-out asconstruction ends on Hope Island’s latest luxury landmark.

Thesales run has been made more remarkable having been launched late last yearjust prior to the outset of the Covid pandemic. Most sales have occurred sinceFebruary.

“Thesales results in the six months have been quite amazing,” said Mr Mastrocostas.

“Weknew the luxury product we were introducing to the market was very well pricedand we knew that there was strong demand for quality apartment living in HopeIsland so close to the recently opened Hope Island Marketplace.

“Thecompletion and sell-out of stage one is a great testament to our in-house salesand construction teams who have worked tirelessly during these changing anduncertain circumstances,” said Mr Mastrocostas.

Constructionon stage one has recently completed with settlements commencing in early October.

“We’reproud to have delivered the first stage of this iconic project and we lookforward to welcoming No. 1 Grant Avenue’s first residents into their new homes” saidMr Mastrocostas.

Arange of owner occupiers and downsizers have comprised the majority of buyersto take up residency in the range of 105 apartments, from one-bedroom plusstudy to three-bedroom plus study that were on offer.

MrMastrocostas said attention was now being directed to the launch of stage two.

“Dueto the rampant success of stage one we are excited to launch the second andfinal stage to meet the market,” he said.

Thenext stage will see the creation of an additional 105 two, three and four-bedroomapartments, as well as a range of exclusive resident amenities.

Uniqueamenities to be on offer include a celebrity designed fully-equipped gymnasiumoverlooking the resort-style lap pool, a children’s playroom, sauna, movietheatre, pet wash bay and outdoor barbeque and dining facilities.

Thesecond stage will also feature a business centre offering a fully-equippedboardroom and five spacious private offices, ideal for those working from home.

PeterMalady, Aniko Group’s Sales and Marketing Director, said buyers have been drawnto No. 1 Grant Avenue’s luxurious and competitively priced apartments.

“Theproject’s waterfront lifestyle and the high level of thought that’s gone into thelayout, finishes and amenities has certainly struck a chord with our buyers,”said Mr Malady.

No.1 Grant Avenue has transformed an 8,390sqm waterfront site at Hope Island, locatedadjacent to the new $65 million Hope Island Marketplace.

Apartmentsin stage two will launch laterthis month and be priced from $448.000.

AnikoGroup’s projects are designed to transform communities through considered,intelligent and unexpected design. The company’s mission is to createcommunities that exceed customers’ expectations.

Forfurther information on No. 1 Grant Avenue or to register your interest visit https://aniko.com.au/.