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Sunshine Coast unit developers can’t keep up with demand

first_imgCyan at King’s Beach.The Clegg’s will be moving from Forest Lakes into a two-bedroom apartment on the fifth floor early next year.“Cyan consisting of 31 apartments, means it will never be overcrowded with holiday makers, making it the perfect place to call home.”Herron Todd White’s February 2017 Month in Review predicts strong growth to continue on the coast with housing demand fuelled by low supply and the new Sunshine Coast University Hospital set to open soon.According to the report dwelling sales within the coastal corridor between Maroochydore and Caloundra, particularly the sub $700,000 price range are expected to continue with increased demand. Cyan at King’s Beach is under construction.The development is now 90 per cent sold to local, intrastate and interstate buyers drawn to the eight level prestige units with buyers Russell and Wendy Clegg among those looking forward to the move.After years of searching for an investment property the Clegg’s decided against their initial decision to buy and renovate and instead chose to buy a new apartment and move forward their semi-retirement.“We wrote a list years ago of all the features we wanted to have in our future apartment, and Cyan ticked all the boxes,” Mr Clegg said.More from newsMould, age, not enough to stop 17 bidders fighting for this home1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor7 hours ago Luxury Sunshine Coast apartments are selling out in record time with high demand and low supply driving the market.PRESTIGE properties are being snapped up as fast as they’re put on the market with one coast developer reporting 90 per cent sales within weeks of putting up the ‘for sale’ sign.Mosaic Property Group managing director Brook Monahan said construction had started on its $20 million luxury development at Kings Beach after almost reaching a sell out only weeks after hitting the market.“Sales at Cyan have been strong from the outset,” Mr Monahan said. “We reached 60 per cent sales in only four weeks over Christmas during the pre-release period and we didn’t even officially advertise until mid-January.”center_img Cyan at King’s Beach.The report says limited stocks of all property types on the Sunshine Coast will place upward pressure on prices in some areas.Mosaic’s Mr Monahan said the report helped explain Cyan’s popularity with only two apartments left to sell. “We’ve found the market to be extremely receptive to Cyan because of the limited supply of new luxury beachside apartments in this area,” he said.“Mosaic is thrilled that our vast research over an extended period of time into this market has guided us to deliver the right product at the right time to the Sunshine Coast.”Cyan’s two and three-bedroom apartments are priced from $480,000 with project completion expected in January 2018.last_img read more

Super Eagles midfielder Etebo agrees deal to join Galatasaray

first_img Loading… Promoted Content2020 Tattoo Trends: Here’s What You’ll See This Year8 Shows You Didn’t Want To Watch At The End8 Superfoods For Growing Hair Back And Stimulating Its Growth7 Universities In The World Where Education Costs Too Much14 Hilarious Comics Made By Women You Need To Follow Right NowWhat Happens To Your Brain When You Play Too Much Video Games?Who Earns More Than Ronaldo?Who Is The Most Powerful Woman On Earth?9 Facts You Should Know Before Getting A TattooThe Models Of Paintings Whom The Artists Were Madly In Love WithBest & Worst Celebrity Endorsed Games Ever Made7 Theories About The Death Of Our Universe Since the expiration of his six months loan deal with Getafe, Etebo is yet to feature for the Potters in their pre-season matches so far. Reports in Turkey, also added that Galatasaray and Stoke City have reached an agreement for the 24-year-old who moved to the English side from CD Feirense just before the Russia 2018 FIFA World Cup. Etebo who scored twice in 45 league appearances for the Potters won Stoke City South West Stokies Stoke City Player of the Year in his debut season. FacebookTwitterWhatsAppEmail分享 center_img Super Eagles midfielder, Oghenekaro Etebo, is edging closer to a move to Turkish Super Lig club Galatasaray from Stoke City. Reports revealed that the former Warri Wolves man has reached an agreement over personal terms with the club and the final details of the deal is left with both clubs. Etebo who spent the second half of last season on loan at LaLiga club Getafe appeared to be in plans of Stoke City boss Michael O’Neil since he took over from Nathan Jones back in November 2019.Advertisementlast_img read more