Five coastal apartments to consider in NSW
Although summer has passed by, Sydney’s latest lockdown has reminded many Australians of the benefits that come with investing in a coastal holiday home.
SQM Research managing director Louis Christopher claimed that its likely regional occupancy has already reached its highpoint.
“With the costs of renting a holiday home soaring thanks to huge local demand, combined with record-low interest rates, we’re experiencing a unique situation where it may actually be more cost-effective to buy rather than regularly rent a holiday home”, said David Hancock, senior financial planner at Montara Wealth.
To assist in your search, Urban takes a look at five stunning coastal properties to consider in regional NSW.
1. Horizon, Gosford
Developer: JMGM
Two-bedroom apartment prices available upon request
Delivered by JMGM, Horizon comprises 184 architecturally-designed in one, two and three-bedroom configurations.
Set across 24 stories, the mixed-use development boasts spacious interiors and 2,500 sqm of retail space that forms a vibrant precinct in the heart of Gosford.
In the beautiful Gosford region of the NSW Central Coast, residents can enjoy magnificent national parks, sparkling waterways and golden sandy beaches.
2. Ridgewaters, Kiama
Developer: St Trinity Property Group
Three-bedroom apartments from $945,000
Positioned amongst Kiama’s serene landscape and only a short walk to pristine beaches, Ridgewaters is a selection of three-bedroom apartments.
This collection of luxury apartments presents an ideal home for a range of purchasers, from retirees and young families to investors and holidaymakers searching for a laid-back coastal lifestyle.
Located just 90 minutes south of Sydney and 30 minutes from Wollongong CBD, the boutique two-storey development promises convenience and local amenity.
3. Sky Residences, Newcastle
Developer: GWH
Two-bedroom apartments from $675,000
Sky Residences
Sky Residences is Newcastle’s newest skyline tower in the heart of the CBD’s Civic Cultural Precinct, connecting residents to everything they love.
Offering a choice of 180 apartments in one, two and three-bedroom configurations, Sky boasts light-filled living spaces, security swipe access and energy-efficient fittings.
“We reserved the prime rooftop space, making it possible for every SKY resident to enjoy unprecedented 360-degree views and contemporary lifestyle amenities that enrich the way they live”, GWH managing director Jonathan Craig said.
4. Midtown, Wollongong
Developer: Level 33
Two-bedroom apartments from $575,000
Midtown encompasses a collection of studios, one, two and three-bedroom apartments that capture the impressive views of the Illawarra Escarpment.
Delivered by Level 33, the home includes a ground-level retail podium that activates the building, a number of apartments that boast ocean views and a communal rooftop entertaining terrace.
The development is perfectly located for those who desire convenience and connection, and will benefit from the Wollongong Council’s $800 million infrastructure investment 2018-2022.
5. Highpoint, Charlestown
Developer: GWH
Two-bedroom apartments from $640,000
Developed and built by Hunter locals, GWH, Highpoint boasts premium finishes and fittings that are purposefully designed to reflect the needs of today’s living.
The development is located in Charlestown, the shopping, dining and entertainment precinct of Lake Macquarie, ideal for young families and downsizers.
Exclusive to Highpoint residents is the terrace garden, entertainment and barbeque area on the level three podium, as well as a rooftop entertaining space.