26 Burra St, Chevron Island
One last chance at luxury living remains in Macquarie York’s final release of coveted residences in Allure on Chevron Island.
Five sprawling three-bedroom plus MPR apartments remain in Allure after a $72 million sales spree which has brought the stunning 17-storey collection of residences to near sell-out. The central Gold Coast precinct remains the epicentre of market demand, accounting for or more than half the total sales on the Gold Coast over the second quarter.
“Allure has emerged with spectacular timing to a market rife with demand for high-quality residences in the heart of the Gold Coast,” said Macquarie York founder Roy Skaf. “Locals in particular have a strong awareness of Chevron Island’s distinctive charm, retaining a village-like atmosphere while being just moments from the vibrant coastal precinct just across the bridge. Allure has also captured the attention of savvy interstate buyers either looking to make a home for themselves surrounded by opulence, or those seeking a savvy investment opportunity in an area of incredible appeal.”
Local owner occupiers have descended upon the Chevron Island project, seizing the opportunity to get their hands on Allure’s scintillating collection of two- and three-bedroom units rising above its surrounds. Sixty-seven of the 90 sales to date have been to owner occupiers with 75 per cent of those being local buyers and the other 25 per cent comprising southerners moving from NSW and VIC. The remainder of sales to investors represented a blend of local and interstate buyers, with 50 per cent coming from local purchasers, 40 per cent from NSW and 10 cent from VIC.
Construction of Allure is currently underway with completion expected early next year. Macquarie York’s Gold Coast debut success of Allure has spurred plans for the developer to introduce its prestigious product to the southern Gold Coast, laying plans for an ultra-boutique collection of residences in Palm Beach.
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