An award-winning Gold Coast City development that had buyers lining up to purchase has secured its final terrace home sale after a $185 million sell-out.
In total, 206 terrace homes have sold at CityVillage for an average of $550,000, since its launch to the market in late 2013.
The final terrace home sold off-the-plan this week for $569,000 to a local owner-occupier.
The final opportunity to secure a place in the sought-after CityVillage community is now available in the dual tower Bohème Apartments, which is more than 85 per cent sold.
CityVillage was recently recognised at the prestigious Urban Development Institute of Australia (UDIA) awards as the top medium density development in Queensland and was a finalist nation-wide.
The Robina Group sales manager Azura Griffen said CityVillage had been one of the developer’s most successful projects in its 36-year history, with one stage of terrace homes selling out in just 48 hours.
“CityVillage offers a true walkable lifestyle with everything from shops, restaurants, cinemas, transport, employment, sports, health and education facilities literally at the doorstep,” she said.
Ms Griffen said CityVillage’s prime location and unique design were key drawcards.
“The wealth of services and infrastructure, growing population and employment base, together with low vacancy rates and high rental demand have made Robina one of the city’s most in-demand suburbs.
“The design of CityVillage itself was game-changing for the Gold Coast, offering terrace housing on individual titles.”
Paul and Gillian Needham, along with their sons Mitchell, 23, and Wesley, 19, were among those to secure a home in the final stage of CityVillage, purchasing a three bedroom terrace.
Mr Needham said the central location and design were ideal, as was the community’s proximity to the family business, Varsity Lakes Trampoline and Gymnastics Club.
He said all four family members worked at the club, with Mitchell looking after administration and Wesley working as a trampoline coach, along with five highly qualified coaches covering classes for five year olds through to adults.
“We moved from Sydney to the Gold Coast in 2014 for a sea change and rented in CityVillage when we first arrived,” said Mr Needham.
“Gillian is an international trampoline and gymnastics judge and coach and Wesley has represented Australia in trampolining, so we bought the gymnastics business in Varsity Lakes and expanded it to include trampolines.
“CityVillage is close to our club and conveniences like Robina Town Centre, and its ease of access to the motorway and Gold Coast Airport is perfect.
“It really suits our lifestyle. The low maintenance design is easy to look after and we will be maximising all the living space.
“We’re also not tied down to maintaining a huge backyard, while having the benefit of a really nice area out the back to relax in.”