The Landmark is under construction at Mermaid Beach on the Gold Coast.
Buyers have splashed $32m on apartments over the Easter long weekend at the $2.5 billion The Landmark project in Mermaid Beach on the Gold Coast.
Developer Aniko Group is behind The Landmark, currently the largest mixed-use development under construction in Queensland.
It will ultimately include 440 properties across four towers in a major integrated precinct combining residential, hotel, retail and commercial uses at 1 Seaview Ave.
Buyers came from the Gold Coast, Brisbane and Sydney.
Aniko Group founder and managing director George Mastrocostas says buyers are becoming more selective.
Aniko Group founder and managing director George Mastrocostas said the Easter sales result reflected a market increasingly focused on quality, location and confidence in delivery.
“Buyers are becoming more selective, and they are placing real value on projects that offer quality, strong positioning and genuine delivery certainty,” Mr Mastrocostas said.
“The response over Easter shows that when those elements come together in the right location, purchasers are prepared to act decisively.”
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Sales included a mix of two and three-bedroom residences, with the strongest demand recorded in the larger two-bedroom apartments.
Buyer activity over the Easter period was led by purchasers from the Gold Coast and Brisbane, with Sydney buyers making up the balance.
Sales included a mix of two and three-bedroom residences, with the strongest demand recorded in the larger two-bedroom apartments priced between $1.5m and $2m.
Three-bedroom residences at $2.5m also performed strongly, reflecting continued demand for spacious apartments in a tightly held beachside location.
Aniko Group sales director Peter Malady says there is strong demand for larger format apartments that offer lifestyle, quality and long term value.
Aniko Group sales director Peter Malady said the Easter momentum reflected both the strength of the project and the broader appeal of the Mermaid Beach market.
“We saw a clear lift in enquiry and conversion over the Easter period, particularly from local Gold Coast and Brisbane buyers,” Mr Malady said.
“There is strong demand for larger format apartments that offer lifestyle, quality and long term value, particularly in a location as established and tightly held as Mermaid Beach.”
Apartments start at $1.495m.
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