Melbourne investors discover the perfect investment at Vue Terrace Homes
Melbourne residents Doug and Claire Owens are investing in their future in more ways than one. They recently secured an off-the-plan property at the $170 million Vue Terrace Homes in Robina on the Gold Coast.
Mr Owens, a finance broker, said while he had owned several investment properties in Melbourne, sky high prices led him to look north for a location that ticked all the boxes. He also liked that the Gold Coast is a place he and Claire could retire to.
He said Robina, located at the geographical heart of the Gold Coast, caught his eye as it is underpinned by key investment fundamentals. It is home to good quality schools, hospitals, destination shopping, transport and high-growth employment, as well as being close to beaches.
The Owens are among the first purchasers who have now settled in Vue Terrace Homes, following the completion of the first stage in March.
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Residents now moving in will enjoy a resort-style pool and recreation deck overlooking the 17 hectare Robina City Parklands, which is due for a multi-million transformation into Gold Coast’s ‘Central Park’.
The world-class parkland – which Vue residents will have direct access to – is planned to include a village green, performance stage, picnic lawn, adventure playgrounds, fishing areas, kayak launches, walking trails, a cafe and sports fields.
Mr Owens said he weighed up several options before purchasing at Vue Terrace Homes.
“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.
“I often advise clients to look at brand new properties as investments due to the tax advantage and ease of renting. As everyone likes something new, this option was high on my priority list.
“Initially, I looked at high rises but was not keen on the high body corporate costs, so when I came across Vue Terrace Homes it really ticked all the boxes.”
Mr Owens said he and Claire, who have two sons aged 18 and 21, saw South-East Queensland as an ideal place to invest right now.
“I have had investments over the years in different locations, but I see a lot of value in the Queensland market at the moment as it hasn’t yet experienced the massive price rises seen in Melbourne and Sydney,” he said.
“While those markets are overheating, South East Queensland has not experienced those big spikes and has, therefore, remained relatively stable with room for growth. In my view, people are starting to see the potential there.
“When I came across Vue, the more I looked at it, the more appeal it had – I just couldn’t see any negatives as an investment proposition, with major retail, hospitals, the city’s best schools and public transport so close by, it is a place you will always be able to rent.
“Every time I see it I get excited.”
Limited number of built homes available to move into now
Vue Terrace Homes is being developed by Robina’s master developer, Robina Group. The fourth and final stage of 65 dual-level homes – including perimeter homes with sweeping parkland views – is now selling off-the-plan, after more than $105 million in sales in the community.
The architecturally-designed homes all feature three bedrooms, plus a media room, along with high quality modern fittings and finishes, in a secure gated estate.
Robina Group sales manager Azura Griffen said Vue Terrace Homes is proving popular with owner-occupiers and investors looking to take advantage of the prime central location and modern design.
“Robina, one of the most amenity-rich locations on the Gold Coast appeals to buyers across the board because of its ease of access, established mix of retail, dining, education and health – and the fact there is more to come, including Council’s imminent Robina City Parklands project,” she said.
“Like the Owens, we have a number of purchasers who are taking advantage of the opportunity to secure their terrace home as an investment now, with the view to move in down the track, while others are excited to start moving into their brand new home now that the first stage is completed.”
Find Out More or Inspect our Displays
The Vue Terrace Homes Sales & Display Centre is located on the corner of East Lane and Stadium Drive, Robina.
The Sales & Display Centre, together with our beautifully furnished displays, is open seven days a week from 10am to 5pm.
For more information, call (07) 5582 1888.