BREAKING NEWS: REGAL RESIDENCES TO RELEASE 80 MORE IMPERIAL APARTMENTS THIS WEEK!
Just two months ago, units in Regal Residence at Imperial Square dwindled down to only single digits remaining left for purchase. Due to the high demand and reconfiguration of the Tower One building’s floors 10-15, there will now be 80 additional luxury suites available for purchase.
Regal Residences was originally slated to house 143 luxury apartments within the Imperial Square $2.3 Billion complex, which has become one of the most anticipated projects in the Gold Coast. The new release will consist of 35 waterview and 45 mountain view units, and prices will start at $480,000 for 1BR and $660,000 for 2BR.
“Within the next 10 days we should have the release of 80 luxury suites in Regal, at starting price levels close to the original release,” says APFG CEO Matt Sully. “No doubt, this new release will sell out quickly. Buyers can get into Imperial now, at prices under $700,000.That won’t be possible at future stages. ”
Imperial Square will set a new standard of living on Gold Coast.
Regal Residences residents will have access to a range of premium on-site facilities including a Resident’s Lounge, gym, foyer and bar, as well as a rooftop infinity pool and seating area to take advantage of the coastal location with stunning views and fresh sea breezes.
- Regal Residences, contemporary apartments with a staged release of 1, 2, and 3-bedroom properties available, alongside two 4-bedroom penthouses.
- Monarch Place, an architectural marvel, with a 54-level “twister” tower that will front the Ferry Road side of the site.
- The Imperial Tower, which is the crown jewel and beacon, a 108-level building that will become Australia’s tallest tower
“Not only will Imperial Square be the tallest building in the Southern Hemisphere, but it is also designed for residents to enjoy luxury, exquisite services, and modern amenities, just like living in a 5-star hotel,” says Sully.
Even with new stock of new units, demand is still outpacing supply.
“Even though the prices keep going up at incredible rates, the amount of interest we are seeing, particularly in the luxury apartments, is astounding. Any units that are hitting the market below $1 million are guaranteed to sell fast, especially because buyers know that the returns will put those units over the $1 million price point in a very short amount of time.”
Earlier this year, new apartment sales surged by nearly 100%, with the region recording a year’s worth of sales in just three months between January and March, with sales figures totaling $787 million. The average price for these sales was $1.061 million, with the average price of new apartments up more than 42% in just two years.
To be among the first for this APFG exclusive release for Regal Residences, contact the team at APFG today.