Buyers waiting on borders to open to move into newly completed Summit on Broadwater apartments

Interstateand overseas buyers waiting for the Queensland borders to open are among theowner-occupiers flocking to the newly developed Summit on Broadwater apartmentproject at Labrador.

Theproject, undertaken by experienced developer Centa Property Group, is tappinginto demand for apartments that are fully completed and ready to move intoimmediately.

Summit onBroadwater comprises 83 apartments offering a combination of one, two andthree-bedroom layouts. Construction was completed in August andnew residents began moving in from September.

Almost allthe sales have been made to buyers looking to downsize, highlighting theemerging lifestyle appeal of the Gold Coast’s affordable waterfront suburb.

Summithas proven popular with interstate buyers and overseas expats, with one buyerfrom Japan patiently waiting to relocate to the Coast and move into her newapartment.

“We’vehad buyers from Victoria and NSW who are ready to move in immediately but willonly do so once the borders open because they don’t want to go throughmandatory quarantine,” said Summit’s marketing agent Nikola Scutti from REVentured.

“Thebeauty of Summit is that there’s no waiting for off-the-plan buying. Interstateand international Summit buyers are willing to wait for the borders to open,comforted in the knowledge that the project is completed and ready to go.”

MrsScutti said demand has been strongest from local owner-occupiers who have asolid understanding of the area and its proximity to amenities such as Gold Coast Hospital, Griffith University,Harbour Town and Australia Fair with easy access to the M1.

“Many ofthese buyers are looking to sell their homes to maximise their lifestyles, and Labradoris proving to be quite a drawcard as a sought-after waterfront suburb setagainst the shores of the Broadwater.”

Mrs Scutti said that her team had experienced a marked increase in inquiriesfrom downsizers in recent weeks.

“You can appreciate the pent-up demand from interstate buyers lookingfor a fresh change on the Gold Coast over the past few months,” she said.

“Summit apartments are great value for these buyers, where they can pickup a two-bedroom apartment with fantastic water views for less than $500,000.”

Summit on Broadwater rises nine levels above 110 Frank Street with mostapartments commanding expansive views across either the Broadwater or thehinterland. Apartment prices range from $430,000 to $640,000.

The apartments feature high ceilings, floor-to-ceiling sliding doors thatopen onto ample balconies for entertaining, with plenty of natural lightthroughout the living spaces. The modern residences are complemented bybeautifully appointed kitchens with stone bench tops, European appliances,timber flooring and ducted air-conditioning.

Summit on Broadwater provides extensive resident amenities including apool and barbecue area, gymnasium, and storage sheds that are ideal for bikes,surfboards, fishing and beach gear, as well as a communal herb garden. Thebuilding also has two levels of secured underground parking for residents.

Centa Property Group, a Brisbane-based developer which has undertaken asuite of retail and residential projects, is no stranger to the Gold Coastmarket. In 2017 it completed the seven-level Spice project in the heart ofBroadbeach.

Summit on Broadwater was designed by award-winning architect Rothelowmanand built by Queensland high rise specialist McNab.

For more information, visit summitbroadwater.com.au.