Hot from the ground up
ALL of the ground floor units at The Point have been snapped up ahead of the luxury retirement development's official opening to the public next month.
The Hastings Point development, which has been shrouded in controversy, will open display units to the public from September 4 to 6, the same weekend when thousands of cashed-up spectators come to the Tweed for the Australian round of the World Rally Championship.
“We didn't realise until last week that we had organised the opening for the same weekend as the rally,” said PDK Development's Danny Gillies.
“We're uncertain whether that will be an advantage or a disadvantage, but we have been planning to launch the unit display to capture the interest of the travellers who come here every winter to escape the cold.”
But it is not only interstate workers looking for a sea change retirement driving a resurgence in inquiry about the independent living development on the Tweed Coast Road, with at least 70 per cent of sales and the majority of interest coming from locals, Mr Gillies said.
“We are actually getting about two visits per day at the sales centre, when six months ago we were lucky to get two inquiries per month,” he said.
“We are focusing most of our marketing in the local area, because it is mainly retirees already living in the area and are looking to downsize, who are buying at the moment.
“The majority of people are in their 70s, but as the project moves along with the plans to build the facility that provides care similar to a nursing home, we expect our residents' average age to increase to about 80 or older.”
Work on the two wheelchair accessible two-bedroom units on display, should finish this week, Mr Gillies said, with construction of both the unit complexes and community buildings to be finished by March next year. “The first part of the buildings should be finished by February, but because of the rain in summer we have been delayed completing the second residential building. “It should be completed by March 2010.”