- Project consists of 78 apartments, including three penthouses
- Apartments start from $800K to $3.5M for the penthouses
- Marquee's seventh Gold Coast project
The apartment buying freezy continues along the Gold Coast with Marquee Development Partners’ latest project, ‘One Cannes’, recording a sold rate of 65% just ten days after being released to the market.
The sales total $55 million for the apartment project which consists of 78 luxury two and three-bedroom apartments including three four-bedroom penthouses that only received development approval from the Gold Coast council three weeks ago.
The riverfront apartments start from the low $800,000s with the penthouses selling for between $2.39 to $3.5 million each.
The company said the sales rate strongly indicates the market’s hunger for a luxurious property close to parklands, riverways and a patrolled beach between Broadbeach and Surfers Paradise.
“Buyers have been predominantly local downsizers who are looking to sell their large family home, in preference of moving to a more centrally located, luxurious, low-maintenance residence with a huge range of amenity for them to enjoy,” said Azura Griffen, Sales Director.
“One Cannes is also attracting existing apartment owners who are looking to upgrade for a superior level of finishes, resort-style living and stunning views, with the convenience of an impeccably located apartment tower.”
Azura Griffen, Sales Director
According to Ms Griffen, a high number of purchasers are local owner-occupiers who are upgrading to One Cannes due to its premium location. She added that One Cannes is Marquee’s seventh project on the Gold Coast with the current and future portfolio totalling over $400 million.
Amenities include a riverfront infinity pool, sun lounges, a full-sized gym, a sauna, and a yoga and pilates studio. Additionally, a business lounge, boardroom, private offices and meeting rooms are included.
“We are thrilled with the rapid response to One Cannes, and it just goes to show that owner-occupiers have that strong desire for the luxury living amenities – and it appears we have exceeded their expectations,” she said.
“It is a fundamental belief of ours that well-considered design improves the way we live.”
