Sunshine Coast Property Investments
St Kitts Apartments Prove to be Great Value for Money

St Kitts apartments on the exclusive Kawana Island are proving popular with a range of buyers, including many from Brisbane who are looking for their own idyllic sea change just 60 minutes from the State capital.

“We’ve had a great response from buyers who have all been impressed with their larger than average size and spacious balconies,” said Tony Long, Director of RGD Property Group. “They’ve been telling us the apartments are really just like a house in size but without all of the maintenance hassles which is ideal for baby boomers and retirees who want to spend their spare time in the pool, at the gym or relaxing with friends,” he said.

For the 70% of purchasers who have already invested in a St Kitts apartment, their decision has also been vindicated with the residential development winning the 2005 HIA Sunshine Coast Apartment Project of the Year.

Dale Evans from the Property Finance Division of Macquarie Bank Limited, which has financed the development, said that although the property market was quiet in some areas, the St Kitts development was based on the basic property investment fundamentals of an excellent central location and direct access to water.

Kawana Island is located in the heart of the Sunshine Coast - shopping, beaches, sporting, entertainment and medical facilities are all just 5 minutes away.

“Living on the water is a dream for so many people and waterfront land is also in finite supply on the Sunshine Coast so anything which is well located with water views should appreciate over the long term,” said Mr Evans.

Mr Long said purchasing a St Kitts apartment is also a litmus test for many retirees and baby boomers to see how they would enjoy living away from their family and friends in Brisbane as well as testing apartment living after many years in a suburban family home.

“St Kitts has extensive facilities including lap pool, spa, sauna and gym as well as access to Kawana Island’s 10km of walkways. It’s an ideal product for baby boomers who have the option of entertaining family and friends in space and style or they can just lock up and travel because it is a secure gated community,” he said.

“I believe it’s a great time to get into the Sunshine Coast property market. The long term economic fundamentals for this region are very strong and the future prospects for property values are very positive. St Kitts location, size and value for money make them an ideal investment choice for owner occupiers as well as those wanting to invest now to beat the inevitable price rises,” Mr Long said.

St Kitts apartments commence at $510,000.