26 Vista emerges as top choice for Surfers Paradise buyers, surpassing $170 Million in sales6 February 2024
Buyer interest continues for MRCB International’s Gold Coast project 26 Vista, as it attains another record-breaking quarter surpassing an outstanding $170 million in total sales, a remarkable achievement for the future Gold Coast landmark.
Since launching to market in early 2023, the success of 26 Vista is credited to the large demand from interstate buyers, which has positioned the project as the top choice for buyers looking to purchase in Queensland. Despite the current market ﬂuctuations, strong interest in the purchasing of luxury apartments on the Gold Coast continues to remain, especially topped with the recent surge in local downsizer inquiries since MRCB secured funding from Malaysian ﬁnancial institution MBSB Bank in June 2023.
Urban Activation’s CEO and Lead Sales Agent Matt George spoke to the demand stating, ‘Buyers from Brisbane, Melbourne and Sydney continue to show keen interest in 26 Vista, and we anticipate the increase in downsizers to progress,” said Matt.
26 Vista also pioneers as the future of sustainability on the Gold Coast, fast securing itself as the ‘Greenest Tower on the Gold Coast’, exclusively oﬀering EV car sharing with Outbound, setting a new standard for residential buildings on the Gold Coast.
Buyers of 26 Vista are drawn to the exclusivity and secure lifestyle that 26 Vista presents, with its lush private rooftop gardens and sky-high residents’ lounges, providing 360-degree views of South East Queensland, along with oﬀering a hotel-styled wellness precinct, state-of-the-art gym, outdoor yoga space, outdoor pool and spa, sauna, steam room, and more.
MRCB International CEO, Ravi Krishnan, is delighted by the inﬂux of interest in 26 Vista, stating it’s a true testament to the commitment that MRCB shows in each of their projects.
“We are committed to setting new benchmarks in residential developments, making the choice to introduce the groundbreaking vision of 26 Vista to the Gold Coast Skyline. In designing 26 Vista, our aim was to mirror the dedication we bring to all our projects, carefully crafting a sustainable yet prestigious living experience for both current and future residents of Surfers Paradise. We ﬁrmly believe that 26 Vista is poised to emerge as the greenest tower on the Gold Coast skyline, whilst upholding a heavy focus on luxury and top tier ﬁnishes,” said Ravi.
Urban Activation predicts 2024 will maintain the strong momentum of 2023. Matt George forecasts an impressive $200 million in sales for the next quarter of 2024. The current buyer demographic for the Gold Coast remaining ﬁnancially stable, as well as the forecasted interest rate reductions in late 2024, coupled with continued undersupply of premium apartments on the Gold Coast are all anticipated to drive sales momentum with massive demand.
“Buyers are recognising the unparalleled value in the beachside location and the unprecedented level of ﬁnishes that 26 Vista brings to the Gold Coast. As we get closer to breaking ground on site, we’ve seen increased enquiries, for our range of 3- and 4-bedroom apartments which all capture panoramic views over the Gold Coast,” said Matt.
As 26 Vista readies for construction to commence in late 2024, the strong demand in sales and enquiries is a testament to MRCB International’s commitment to excellence and innovation in the property development sector. The builder announcement is eagerly anticipated in the coming months; the next crucial step toward bringing this visionary project to life.