Strong apartment sales for Gosford's AQUA development

Developer Central Real sold 52 of 60 apartments in its Gosford development AQUA.

The three-bedroom penthouse with water views also sold for $1.59 million.  

Tony Denny, Central Real said the result demonstrates the strong demand in Gosford for new apartments that are cleverly designed and spacious with luxurious finishes.

"AQUA was highly sought after by buyers due to its stunning views of Brisbane Waters, close proximity to the Gosford city centre and quality design and planning," he said.

“The mix of buyers demonstrates the strong trend we are seeing of Sydney-siders purchasing on the Central Coast due to the growth of the area.

"At Central Real we are supporting this growth by creating beautiful places to live for locals and the wider Sydney community – especially those that can’t afford to buy in the Sydney CBD."

“With the population in the Central Coast expected to grow by 80,000 in the next 15 years, 40,000 new dwellings will be required to accommodate this.

"We are proud to deliver another quality development for the Central Coast and continuing our long-term commitment to supporting the growth and revitalisation of the area."

Buyers in the development are 55 percent investors, 33 percent owner-occupiers and 12 percent first home buyers. 

The majority of buyers (72 percent) came from Sydney, while the remaining 26 percent came from the Central Coast, according to Central Real.

AQUA will comprise 60 apartments over seven levels.

Construction is expected to commence in March 2018 with completion expected for December 2019.