A newly released report from Broad Property Research and Advisory details that Mon Komo apartments at Redcliffe are significantly larger and more competitively priced than those found in most new apartment projects currently for sale across the Brisbane region.
The Broad Property Research and Advisory report states that, on average, one-bedroom apartments in Mon Komo Residences are 37 per cent larger than the average size across current Brisbane projects.
The report shows that Mon Komo’s two-bedroom residential apartments are a massive 77 per cent larger than the average size across current Brisbane projects and the three-bedroom residential apartments are 12 per cent larger.
The report outlines that Mon Komo’s one-bedroom short-stay investment apartments are 15 per cent larger than the average size across current Brisbane projects and the two-bedroom short-stay investment apartments are significantly larger by 54 per cent.
The Broad Property Research and Advisory report goes on to state that the remaining Mon Komo apartments are very competitively priced at $4765 per square metre (gross) for the short-stay investment apartments and $5155 per square metre for the residential apartments.
The report shows that the average selling price of new apartments across Inner Brisbane is approximately $7000, per square metre (gross), with gross prices approaching approximately $7500 per square metre at the Gold Coast and the Sunshine Coast, approximately $9000 per square metre in Inner Melbourne and approximately $11,000 per square metre in Inner Sydney.
Kyko Group’s multi-award-winning $150 million Mon Komo development consists of a residents only apartment tower, a 4.5 star short stay accommodation tower, gymnasiums and swimming pools, professional office suites and the vibrant Mon Komo Hotel, with function room for corporate or social events, restaurants, bars and a variety of entertainment options.
Mon Komo’s apartment balconies are also generously sized to create spacious indoor-outdoor living areas, maximising enjoyment of Mon Komo’s mesmerising uninterrupted ocean views over Moreton Bay.
TOTAL Property Group managing director and Mon Komo marketing manager Adrian Parsons said Mon Komo’s residential and short-stay apartments represent excellent value for money, being much larger and more affordable than the apartments in most new projects currently being marketed across the Brisbane region.
“The superior size and quality of Mon Komo apartments allows residents or tenants to live very comfortably as more people are selling their homes and opting for the easier way of apartment living,” Mr Parsons said.
“Astute property buyers have noticed the difference in the price, size and quality of apartment stock on the Brisbane market compared to the superior apartments and coastal lifestyle offered at Mon Komo in Redcliffe, which is increasingly becoming a lifestyle suburb of choice,” he said.
“The market outlook for Mon Komo and Redcliffe in 2016 is very positive with the increasing demand for waterfront apartments in South East Queensland with buyer momentum rising and ongoing low interest rates.”
The director of Mon Komo development company Kyko Group, Bill Jenkings, said the location and design of the Mon Komo development was carefully chosen to deliver the greatest potential for strong capital gains over time.
“Research shows that strong capital growth potential is increased by an oceanfront location, close proximity to quality facilities and a high quality of design and building principles,” Mr Jenkings said.
“The Mon Komo development is situated on the esplanade at Redcliffe, with uninterrupted ocean views that cannot be built out, and is diagonally opposite the Settlement Cove swimming lagoon and parkland on Redcliffe’s esplanade,” he said.
“Mon Komo apartments are designed to make the most of their generous proportions, with spacious open plan layouts incorporating ample storage space and featuring floor-to-ceiling glass to optimise natural light, maximise ocean views and allow for a seamless integration of indoor and outdoor entertaining areas.
“Research also shows that when buying in a coastal location, strong capital growth potential is increased by close proximity to a major urban environment, preferably with an airport within an hours’ drive.
“Mon Komo is ideally located within short driving distance of Brisbane’s CBD and domestic and international airport, and the new $1.15 billion dual-track rail link connecting the Redcliffe Peninsula to the Brisbane CBD is due for completion in less than six months, making Brisbane even more accessible for Mon Komo residents.”