Gold Coast gem attracts repeat buyers,
It’s well-known that property sales are booming in popular areas like south-east Queensland.
However, on the Gold Coast, many buyers have been impressed by a luxury beachfront development.
As a result, they’ve chosen to buy an apartment for themselves and a second one as an investment.
So far, eight buyers have acquired two apartments in Jewel Private Residences, situated between bustling Broadbeach and Surfers Paradise.
Additionally, its two towers flank the five-star hotel, The Langham, Gold Coast.
Specifically, the Diamond Collection is located to the south, while the Sapphire Collection lies to the north.
Jewel Private Residences enjoy the benefits of The Langham’s world-class amenities, which serve as a strong attraction for buyers.
In fact, one set of new owners from Cairns had such a great experience at The Langham that they decided to purchase a holiday home.
Moreover, they also invested in a second apartment within Jewel Private Residences.
According to Adrian Parsons, managing director of TOTAL Property Group, “The Langham Gold Coast is considered the most luxurious lifestyle hotel in the area.”
Furthermore, it is the only beachfront hotel to open in the last 30 years.
Residents of the Diamond Tower can take advantage of The Langham’s health club and a 20-metre indoor magnesium pool.
Additionally, Jewel itself features a private cinema, enhancing the experience for residents.
Everyone can also enjoy the hotel’s restaurants, lobby bar, and beachfront café.
“This unique aspect truly sets Jewel apart from other apartment buildings,” he adds.
Ultimately, this significantly upgrades the lifestyle component for our buyers.
The Diamond Collection at Jewel Private Residences features Australia’s only private apartments located directly on the beachfront with a full-time concierge.
According to Parsons, “Living in the Jewel Diamond Collection feels similar to residing in a six-star hotel.”
This luxurious experience has attracted many Sapphire Collection buyers who are eager to invest in the Diamond Collection.
Furthermore, Parsons notes that there is nothing else like this currently available on the Gold Coast.
The rental’s success left no time for owners.
High occupancy rates and strong rental prices have proven to be very compelling for investors.
In fact, Domain’s latest statistics indicate that the Gold Coast’s rental market is rising faster than the national average.
For example, rents for units have surged by 13.3 percent year-on-year in Broadbeach Waters and 12.6 percent in Surfers Paradise.
One owner-occupier relocated to Jewel Private Residences from NSW and was impressed by the quality and lifestyle available.
Consequently, they decided to purchase a second apartment to benefit from the attractive rental returns.
Moreover, other buyers discovered that their short-term letting was so successful that they felt the need to invest further.
As a result, they sought to purchase a second apartment to fulfill their dream of spending more time on the Gold Coast.
Unique combination inspires buyers to invest twice.
Multiple sales of two apartments demonstrate that buyers feel confident about the property, according to Yutao Li, general manager of AW Jewel.
He explains, “There’s no other project that’s fully complete, ready to move in, and brand new on the absolute beachfront.”
Moreover, he points out that everything else available is either off the plan or still under construction.
“Apartment buyers can see and experience firsthand what they are purchasing,” he adds.
For sea-changers or downsizers, if they sell their existing accommodation, they can move straight in without delay.
These features serve as a key attraction of Jewel Private Residences, Parsons agrees.
“It’s a fully completed property that people can thoroughly check out,” he notes.
Buyers can feel comfortable with the finishes and appreciate the stunning views.
“You can’t always envision these details when purchasing off the plan,” he emphasizes.
“Whether you intend to buy as an owner-occupier or as an investment, you can benefit immediately.”
In fact, some people have settled in as little as seven days.
Interested parties are welcome to visit the Jewel Private Residences sales gallery located at the corner of Old Burleigh Road and Wharf Road.
The gallery is open seven days a week from 9am to 5pm, and after-hours appointments are available.
