PARK SHORE: Location, Affordability, Lifestyle and more!
WORDS: Ocean Road Magazine Editorial Staff PHOTOGRAPHY Supplied
Sydney-based family-owned developer McDonald Industries is committed to meeting sustained demand from property buyers in the Gold Coast’s prime lifestyle precincts through the delivery of the Broadwater’s most affordable modern residences in years.
The former Sandy Point Resort – a favourite amongst Gold Coast holidaymakers for over 40 years – has been given a new lease of life, following an extensive refurbishment undertaken by McDonald Industries.
McDonald Industries, which was founded in 1974, has leveraged nearly five decades of experience and impeccable reputation in the refurbishment and strata titling of existing residential apartment buildings.
“We have a proud 50-year history of having built, renovated and sold over 7000 apartments throughout the inner city of Sydney, Melbourne, Brisbane, and most recently, the Gold Coast with our Park Shore Labrador apartments,” said Alex Pope from McDonald Industries.
Located at 41 Labrador Street, McDonald Industries’ ‘Park Shore’ brings to the market 45 superbly renovated two and three-bedroom apartments overlooking the Southport Broadwater at Labrador.
Priced from $695,000 to $950,000, apartments at Park Shore are of substantial value to any buyer looking to gain a foothold in the red-hot Gold Coast market and are priced well below the replacement cost of new apartments.
“With construction costs continuing to rise, this development delivers a range of newly renovated apartments at below replacement costs,” Mr Pope explains.
“Park Shore represents an incredible opportunity for buyers to lock into one of the Gold Coast’s prime waterfront markets, with a superb array of lifestyle amenities right at your doorstep, at prices that offer extraordinary value. We believe there is no other building on the Gold Coast or in Queensland that is offering such an opportunity.”
Tim Keenan of Keenan & Byrne – a specialist residential property sales and marketing agency that provides bespoke solutions for property developers and financiers throughout Australia has been appointed as the sales agent for Park Shore.
Drawing upon over 25 years of real estate experience Keenan & Byrne analyse, review, craft and execute high-performing sales and marketing strategies for residential and mixed-use development projects.
Mr Keenan has witnessed first-hand the strong demand and enquiry for Park Shore apartments.
“The immediate and continued market response has been incredible. We knew we had something special on our hands here, but we have been simply inundated with genuine interest – it’s been a whirlwind,” says Mr Keenan.
“In the seven weeks that Park Shore has been on the market, we have sold 15, or 33% of apartments and fielded over 350 enquires. Of the buyers, 70% are owner occupiers and investors planning to use their Park Shore apartment as a holiday home.”
“This is indeed a quality offering in one of the Gold Coast’s great locations that is timed perfectly for a market looking for project certainty as all Park Shore apartments are turnkey ready for residents to move in,” says Mr Keenan, “They don’t design and build apartments like they used to, and the oversized living areas and bedrooms of Park Shore apartments are exceptionally appealing to today’s buyers.”
Park Shore apartments offer an average of 120 sqm with every apartment boasting three balconies and spacious interiors that capitalise on the picture-perfect vistas.
Apartments feature large kitchens, bedrooms and living and dining areas. Kitchens are fitted with European stainless-steel appliances while every apartment has two bathrooms including a bath.
Large internal laundries are complemented by custom robes, timber composite flooring and plush carpet in bedrooms and dedicated entry hallways with ample storage as well as air-conditioning and fans.
All common areas of Park Shore have also been upgraded, with a stylish reception and foyer, extensive landscaping and garden areas and many amenities that residents would expect to find in a modern resort-style development.
There is a large pool with surrounding cabana and barbecue areas, as well as a dedicated residents’ lounge that opens onto the lush gardens, perfect for casual entertaining, reading and relaxing. Garden areas have established fruit and vegetable plantings for the benefit of Park Shore residents.
Park Shore is designed as a pet and bicycle-friendly residential precinct that takes advantage of its prime location in Labrador’s golden triangle.
The development is a level stroll to the Broadwater, walking paths, multiple beach and swim spots, parklands, restaurants and cafes. Enhancing this first-class lifestyle destination is the convenience and amenity of both the Main Beach and Harbour Town retail and entertainment precincts only minutes by car.
“Location, affordability and liveability intersect seamlessly here at Park Shore and prospective buyers have a rare opportunity to purchase into a vibrant waterfront community,” says Mr Pope.
“We’ve been renovating whole apartment blocks in Sydney and Queensland for over 50 years and Park Shore is among the most exciting developments we have undertaken in many years.”
Park Shore has also contributed to McDonald Industries’ sustainability initiatives. Since acquiring Sandy Point Resort in one line in June this year, the company has donated all 42 furniture packages within the resort to the northern New South Wales flood appeal, which is estimated to have helped more than 2,000 families in the flood-affected area.
For sales enquires please contact Tim Keenan on 0419 300 832