Off-the-plan property appeals to Melbourne couple
Sky-high prices in southern states prompted a Melbourne couple to look further north for an investment property.
Doug and Claire Owens had their long-term future in mind when they decided to buy an off-the-plan property at Robina’s $170 million Vue Terrace Homes development.
Not only will it serve as a smart investment but a comfortable place for them to retire.
Mr Owens, who is a finance broker, had owned several investment properties in Melbourne but said it was becoming too expensive.
“I looked at investing in Melbourne again but the price for properties was too prohibitive and the return on investment just wasn’t there,” he said.
“I looked at Tassie but felt it was starting to get too expensive, and the Gold Coast has always been somewhere I would like to retire so it made sense to consider a property suitable as an investment now and a place to live in the future.”
The couple were among the first buyers to settle at the Robina development when stage one was completed this month.
The fourth and final stage of the residential project, which is being developed by Robina Group, is now selling with prices starting at $635,000.
Robina Group sales manager Azura Griffen said the modern design and central location at the heart of Robina’s education and transport hub was attracting buyers.
A sales and display centre is open from 10am to 5pm every day on the corner of East Lane and Stadium Drive.