Beachfront units selling fast
ONLY four beachfront apartments in Cotton Beach at Casuarina remain after a rash of sales.
Sales and marketing director for developer Brookfield Residential Properties, Philip Leahy, said during the latest run of sales buyers secured four apartments for a total of more than $2.8 million.
Three of the remaining four apartments, priced from $550,000 to $775,000, are former displays and are being offered for sale inclusive of luxury furnishings, including linen and window coverings.
“As one of the few apartment projects along the beachfront strip where people can live permanently, buyers have the choice of using the apartment in the way that best suits them at various stages in life,” Mr Leahy said.
He added interest in Cotton Beach remained strong, with more than $22.9 million in sales secured in the last six months alone and individual sales averaging about $560,000.
“The uniqueness of the residential resort zoning, with the majority of available apartments on the Tweed Coast zoned as tourism, has led to Cotton Beach’s continued strong performance in the current market,” Mr Leahy said.