- Follows $25M of sales this year alone
- The 263 houses border the upcoming Robina City Parklands - Gold Coast's new 'central park'
- Currently home to over 500 residents
Vue Terrace Homes, a $170 million townhouse complex project in Robina, Queensland, has been sold out after the final home went unconditional this week, marking the end of $25 million in sales since the beginning of the year.
The final sale of the $170 million Robina Group project marks the end of the six-hectare transformation in Robina’s Stadium village precinct, which is along Robina City Parklands – a multi-million dollar Gold Coast City Council project dubbed as the city’s new ‘central park’ – set to begin construction this year.
Vue is a gated community consisting of 263 three-bedroom terrace homes and lifestyle facilities such as a resort-style pool and barbeques. Currently, there are more than 500 residents, including onsite managers and caretakers.
Darrell Irwin, the group’s development manager, said demand for the final homes soared this year with most buyers originating from within a 20-kilometre radius and other South Eastern Queenslanders.
“We sold the last 37 homes in the first three months of this year, highlighting the popularity of the development for our purchasers,” said Mr Irwin.
“More than 80 per cent of buyers in the final stage were locals ready to move into their new home, which drove sales momentum following completion of construction last year.
“There’s been a huge surge in interest in quality property on the Gold Coast this year, driven by low interest rates, strong interstate migration and a trend toward people reassessing their lifestyle priorities since COVID-19.
“Projects that stack up in terms of design, location and value are extremely sought-after.”
Darrell Irwin, Robina Group Development Manager
At launch, entry sale prices at Vue were $599,000 with the price rising to $739,000 during the final stage.
Robina Group director Tony Tippett said Vue had created 3600 jobs across 50 different trades. During the construction, over 1000 trees were planted along with 2 kilometres of walking paths that will ultimately connect to the Robina City Parklands.
Mr Tippett believes the group’s project leaves a positive legacy on Robina and is consistent with the areas master plan vision.
“The community has been a significant catalyst for growth in the thriving Stadium Village precinct, re-energising what was vacant land around Cbus Stadium and cementing the area as a place where people live, work and play,” he said.
“The precinct is home to education and commercial facilities, connected to Robina Train Station and major arterial roads, in close proximity to Robina Town Centre, and the neighbouring Robina City Parklands will be enjoyed by generations to come.”
Tony Tippett, Robina Group director