Central Coast off the plan apartments

With the NSW Government raising the threshold for first home buyer stamp duty exemptions, both buyers and developers are reaping the rewards.&nbsp;

First home buyers now pay no stamp duty on properties up to $800,000, considerably higher than the previous $650,000 cap, bringing in a new wave of buyers for developers, who have been dealt a difficult hand in recent times with rising interest rates and inflation keeping buyers out of the market.&nbsp;

Australian private investment group Alceon has benefitted from the stamp duty changes, experiencing a surge of interest from young buyers at their $250 million <a href="/developments/gosford-nsw-2250">Gosford apartment development</a>, Rumbalara Residences.

Just six weeks after the change in stamp duty, the masterplanned community has seen more than seven times the enquiries, specifically from first home buyers, resulting in $20 million worth of stock being sold.&nbsp;

<img alt="Render of Rumbalara Residences" data-entity-type="file" data-entity-uuid="2c53294d-7d83-4b9c-b452-fd4250d18ce8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/RUM_S01_EXT_Blk%20B_Balcony_5k.jpg?VersionId=JT_cUFiqaw1TUB5buxjbBpI4j1KIeDPb" />

Rumbalara’s Development Director Todd Campling said they’ve seen a rush of inquiries on their two-bedroom apartments which are priced from $780,000.

Construction commenced at the&nbsp;six star luxury development in September last year with iCIRT-rated builders Deicorp.

Offering stretching views over Brisbane Waters, Rumbalara is situated on the highest point of Gosford. With 188 apartments set to be spread across four buildings, the Marchese-designed residences offer a variety of one, two and three-bedroom floorplans, ranging in size from 27 sqm through to 62 sqm.&nbsp;

<img alt="Render of Rumbalara Residences" data-entity-type="file" data-entity-uuid="0cd97aa0-a4fd-4036-818b-bb4735db745d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/RUM_S11_INT_Blk_B%20501_Looking%20Out_5k.jpg?VersionId=55MnDrxKVUElYFs0fLnQ.cgCeu1THdpx" />

Buyers have the option to select between treehouses or townhouses, with inclusions such as fireplaces and Sub-Zero Wolf appliances.&nbsp;

The initial launch period of Rumbalara saw more than 1200 enquires in just a few weeks, with Sydney buyers looking for their own slice of paradise, at an affordable cost.&nbsp;

With stage one being such a resounding success, the developers brought upon stage two earlier than expected to meet the growing demand.&nbsp;

<img alt="Render of Rumbalara Residences" data-entity-type="file" data-entity-uuid="e0d0ff0b-b564-4f17-8918-aad49095a79e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/OUR104_Rumbalara_S090_GolfSim_A.jpg?VersionId=WHnNYZ1NsfCWFwzYm5exYfi3AyfCrWjw" />

It's not just the price point bringing in buyers. The extensive suite of amenity is another driving force behind the strong sale numbers.&nbsp;

“There’s not many other opportunities where you can secure a home starting at $580,000 with access to such an enormous amount of world class amenities,” Campling previously said.&nbsp;

More than 4,000 sqm of manicured resort-like grounds will surround the residences, with a figure eight pool taking pride of place. A 1,000 sqm Club House will home many of the exclusive amenities, including an on-site concierge,&nbsp;private cinema, dining room, gym, day spa, work from home hot desk space and virtual golf simulator.

Stage one of the Gosford development, which includes the Club House and pool, is slated for 2024.

[smartcode_project_cta:default project_id=112441]

Australian private investment group Alceon has benefitted from the stamp duty changes, experiencing a surge of interest from young buyers at their $250 million Gosford apartment development, Rumbalara Residences.

Urban Editorial

First home buyers drive strong sale numbers at $250m Gosford masterplan, Rumbalara Residences

The coastal area of the Central Coast is experiencing a surge in both private and government investment, as its potential for growth becomes increasingly apparent.

Property development and building company&nbsp;JMGM are seeking to build on the strong infrastructure pipeline surrounding the Central Coast, and particularly the Gosford area, with their newest mixed-use development, Horizon.

[smartcode_project:default project_id=101204 project_image_fid=162046]

Comprising 182 apartments across 19 levels, Horizon boasts spacious interiors, crafted to create an aesthetically pleasing environment while providing views of the surrounding area.

Designed by Lutolli Architects + Partners, each living space extending to an expansive balcony, blurring the lines between indoor and outdoor living.&nbsp;

[smartcode_project:default project_id=101204 project_image_fid=162051]

The apartments sit above a 2,500 sqm retail space, providing residents with urban-styled eateries, grocers and cafes just steps from their door.&nbsp;

Residents will also benefit from an outdoor pool and lounges, as well as a Swedish-inspired sauna.&nbsp;

Beyond the allure of Horizon, the location itself offers excellent connectivity. The northern areas of Sydney are just a short drive down the M1, and the city is accessible by train from Gosford Station in under 90 minutes.

[smartcode_project_cta:default project_id=101204]

Comprising 182 apartments across 19 levels, Horizon boasts spacious interiors, crafted to create an aesthetically pleasing environment while providing views of the surrounding area

alisonwarters@gmail.com

Inside Gosford's mixed-use apartment and retail development, Horizon

The luxury waterfront development Azure is nearing completion, with construction set to conclude in the last quarter of this year.

Developed and built by renowned developer/builder DASCO, Azure offers a collection of 39 oversized apartments.

Situated on the exclusive Point Frederick peninsula, the Central Coast's waterfront sanctuary has attracted buyers seeking a laidback luxury lifestyle that's just over an hours drive from both Sydney and Newcastle, with Azure providing residents with a front-row seat to the views of Brisbane Water.

[smartcode_project:default project_id=106726 project_image_fid=194846]

Azure's prime location strikes the perfect balance between tranquility and accessibility. Situated in proximity to the Central Coast Stadium and public transport options, residents can easily enjoy the region's attractions and have convenient connections to neighbouring cities.

Highlighting just how sought after the project has been, George Brand Real Estate and&nbsp;Whome Group who are marketing the project, have sold over 92 per cent of the apartments so far.

DASCO engaged PRODOC Architects to design Azure, which has been crafted with expansive proportions and high quality finishes.&nbsp;

Residents can indulge in resort-style facilities, including an outdoor pool, a shady gazebo, landscaped alfresco areas and a fully equipped gym.

[smartcode_project:default project_id=106726 project_image_fid=194849]

Azure also incorporates the latest technological advancements, with the apartments featuring smart home automation, allowing homeowners to control various aspects of their living spaces effortlessly. From the comfort of their own apartments, residents can operate the ducted air-conditioning, remotely control the roller blinds, and enjoy the energy-efficient LED downlights and light strips.

Residents will benefit from video security intercom and full access control, while solar panels are set to power the common area lighting, contributing to an environmentally friendly and sustainable living environment.&nbsp;

All the two and four-bedroom apartments have been sold in Azure, with just 133 sqm, three-bedroom floorplans remaining, priced from&nbsp;$1.16 million.

[smartcode_project_cta:default project_id=106726]

Developed and built by renowned developer/builder DASCO, Azure offers a collection of 39 oversized apartments

DASCO sell 90% of Azure apartments in Point Frederick as construction completion approaches

TQM Group and ACE Property Development Group are set to present their upcoming project The Grand at an exclusive sales launch event.&nbsp;

The event will take place on Saturday April 29 from 12 pm to 4 pm at the Lyons Den Gosford, just up the road from where The Grand is located on Mann Street.&nbsp;

Buyers will be able to discover the design of the apartments, as well as get an idea behind the state-of-the-art amenities that will be on offer once the build is completed.&nbsp;

[smartcode_project:default project_id=22753 project_image_fid=210669]

Food and drink will be served as buyers have the chance to speak to the team of agents and in-house experts who will be on hand to answer any questions.&nbsp;

Gosford's Mann Street is one of the most ideally located spots for apartment seekers arguably across the whole of the Central Coast.

It's a stones throw from Central Coast Stadium, the Central Coast Leagues Club and its affiliated park, and the Drifters Wharf and accompanying Brisbane Water. Pair that with an array of coffee shops, retail and restaurants, there's no better spot to be in the gateway to the Central Coast.

The&nbsp;amalgamated site was secured for $9.65 million in mid-2021 and is set to comprise&nbsp;138 apartments across an 18-level Kann Finch-designed tower.&nbsp;

The two-bedroom floorplans are priced from $700,000, spanning nearly 100 sqm of internal living space, with each oriented to take in the impressive views on offer at The Grand.&nbsp;

[smartcode_project:default project_id=22753 project_image_fid=210685]

The bowed terraces seamlessly connect to the vast internal living areas, which adjoin to kitted out kitchen and dining rooms, featuring stone island benches, back-lit stone splash backs, brushed brass Parisi tap ware and ILVE appliances.&nbsp;

A street level podium will house a number of food and beverage tenancies, while a resident's infinity pool will crown the podium levels, along with a landscaped garden by Site Image Landscape Architects.

TQM will handle the construction of the project, which is slated for completion in 2025.&nbsp;

Interested buyers can register for the event by <a href="https://www.eventbrite.com/e/the-grand-public-launch-tickets-594259856227">clicking here</a>.

[smartcode_project_cta:default project_id=22753]

The event will take place on Saturday April 29 from 12 pm to 4 pm at the Lyons Den Gosford, just up the road from where The Grand is located on Mann Street

Central Coast off the plan apartments

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