The overview of the star
project
The star residences are located on the broadbeach island
within the broadbeach district and will be a part of comprehensive planning
program for the gold coast the star resort. The real estate is a 33-level
building and has 423 apartments including one -bedroom apartment and
two-bedroom apartment. There are well-equiped facilities including swimming
pool, gym, recreation room, BBQ area and so on.
The type of house property: freehold apartment
House type: one bedroom or two bedrooms
Price range: over $467,000
Rental rate of return: approximate
5% to 10% of the house price per year
The
main suitable clients
The property investors who pursue the stable and high rental yield: because
of the several advantages of this real estate such as great location, high
grade, well-equiped facilities, convenient trasportation, lower vacancy rate
and higher rental yeild, it can also be used as the short-term accommodation
such as Airbnb. On the terms of higher rental yeild compared with the long-term
accommodation, short-term accommodation would be a better choice if you could manage
the property by yourself.
The property investors are those working groups who have stable income and can only pay 10% down-payment due to the temporary shortage of cash flow, or the property investors who want to expand investment portfolio at low cost: the completion time of this real estate will be in 2021, all investors including the overseas buyers and local residents only need to make 10% down-payment to lock the price with a low cost, which could make all investors have the three-year capital gain of the property with interest and provide more time for the buyers to prepare the rest part of down-payment.
Investment prospects
This real
estate will be built with abundant capitals by three companies that are Star entertainment group, Chow tai fook group
co., LTD and The far east development co., LTD, which would provide the fund
guarantee for the investment of the property. Pacific fair shopping center that
is next to this real estate is expanding with 670 million dollars, which will
bring more job opportunities. Furthermore, the housing demand will rise. The
gold coast convention and exhibition center which is near the real estate would
host a large number of events and it has been booked out for the following two
years, which will contribute to the popularity of the property and the higher
quantity demand.
Geographical location
The excellent location of the star residences provides
people with opportunities to enjoy lifestyle between the beach and central
city. The convenient transportation can be achieved by connecting the light
rail stations, bus stations and the main gold coast highway. Walking to the
broadbeach north light rail station can be within 6 minutes and passengers can
visit the main tourist attractions such as southport shopping center, surfers
paradise, griffith university and so on.
Surrounding Infrastructure
The star residences are located in the central zone
of prosperous business areas and the light rail stations, which provides
convenient transportation, well-developed surrounding infrastructure including
catering, transportation, recreation and entertainment. The following graph
will show the approximate distances between the project and the surrounding
infrastructure:
walk to the star casino within 2 minutes
walk to the gold
coast convention and exhibition center within 5 minutes
walk to the Pacific Fair shopping center
within 8 minutes
walk to the Kurrawa beach within 13 minutes
drive to
broadbeach state school within 5 minutes
drive to
Merrimac national senior high school within 6 minutes
drive to the southport
golf club within 10 minutes
drive to Pindara private hospital within 10 minutes
drive to Bond University within 12 minutes
drive to SeaWorld theme park within 16 minutes
drive to the gold
coast international airport within 30 minutes
Interior design
all apartments will be equipped with
intercom
interior central air conditioning cycle
system
natural gas
high quality inferior flooring
carpets for all bedrooms
Design diagram
bedroom
kitchen
living room
Outdoor environment
The twentieth- level
terrace can only be used by residents and the design inspiration is mainly
originated from the gold coast subtropical scenery and the natural landscape.
The terrace is designed by the famous landscape design company Urbis that has
won numerous prizes, and it displays multi-layered beautiful landscape. The
overall planning of the terrace can make residents enjoy surrounding scenery.
The natural and fresh living environment can be provided for residents with
fresh vegetation, flowers, grasses and trees.
Purchase process
If you have the target unit, you will need to pay
$2000 and fill in the Purchase letter of
intent to hold the house you prefer. After the developer receives the fund and
the letter of intent, they will prepare the purchase contract. When your
official solicitor and you check the contract, you could sign on the contract
and your solicitor would take this contract to have the signature of the
developer. You need to pay for the rest down-payment within 7 to 14 days after
the contract has been signed by both sides. The down- payment is 10% of the
housing price, suitable for both local residents and overseas buyers.
Featured
drawings of house type
one bedroom and one bathroom
one bedroom + one bathroom + study room
two bedrooms + one bathroom
two bedrooms+two bathrooms
two bedrooms+two bathrooms+multi-function room
All project data comes from Destination Gold Coast Consortium, and the final interpretation right belongs to Destination Gold Coast Consortium. If you are interested in this project, please contact our investment consultants for more information.