‘High demand for prestigious coastal homes’: development pushes towards sell-out

A boutique project that sold 70 per cent of its residences prior to officially hitting the market is inching closer to becoming a sell-out.

Ninety-two per cent of apartments in Cube Developments’ high-end Oasis at Bokarina are now sold, with four out of 56 apartments remaining on the market.

This includes two penthouses, ranging in size from 191sqm to 242sqm and boasting rooftop terraces and private plunge pools, starting from $3.5 million.

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The development includes 56 apartments plus luxury amenities.

Cube Developments director Scott Juniper said high demand for prestigious properties in the region was evident.

“In a market where there is high demand for prestigious coastal homes, buyers are taking quick action to avoid missing out on the limited supply,” he said.

“Our sales team had 40 appointments booked on the first day of Oasis’ soft launch, 25 of which sold that very same day.

“There’s a strong sense of urgency among potential buyers and we’ve observed a significant level of enthusiasm from people who want to secure a prime piece.

“We’re delivering an exceptional project on one of the last remaining beachfront blocks on Bokarina Beach to offer an unparalleled lifestyle, and buyers responded well to this vision.”

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An ensuite in one of the units at Oasis in Bokarina.

Positioned with ocean views, Oasis includes a lap pool, open-air resident dining, gym, outdoor beach shower and gardens.

Set across six levels, it has two- and three-bedroom units, plus six two-level penthouses.

The project tallied close to $50 million of sales within a week of its soft launch in April last year, with Cube saying the majority of buyers were local residents and from wider South-East Queensland.

The remaining apartments start from $1.65 million.

Completion is expected by September 2024.

Article source: Queensland Property Investor