Aniko secure over $100m in sales at Orama Chevron Island apartment development as construction kicks off

Sales Director of Aniko Group, Peter Malady says that Orama is a rare and incredibly attractive proposition for buyers in today’s off the plan property market
Aniko secure over $100m in sales at Orama Chevron Island apartment development as construction kicks off
Joel Robinson January 21, 2024SALES UPDATE

Aniko Group’s debut Chevron Island apartment development Orama has generated over $100 million worth of sales, prompting the builder developer's own construction arm to kick off the build.

The $135 million development with 102 apartments on Weemala Street has proven popular with local owner-occupiers and downsizers.

The remaining two-bedroom apartments at Orama range from $995,000 to $1.45 million while the three-bedroom skyhomes, which start from $1,995,000, offer panoramic views over the central Gold Coast skyline. 

Sales Director of Aniko Group, Peter Malady says that Orama is a rare and incredibly attractive proposition for buyers in today’s off-the-plan property market, and its significant interest is a testament to this. 

“Market demand in the prestigious precinct continues to be bolstered by local downsizers seeking a more maintenance-free lifestyle in a village community, with the majority of the purchases coming from locals from Chevron Island, or within a five-kilometre radius," Malady says.

“Our secondary largest buying demographic is lock up and leave holidaymakers from Sydney and Melbourne.”

Everything about Orama has been created with the intent to provide buyers with the best experience and amenities of any project on the market in the precinct.

“Orama will exude luxury, from the quality of each residence to the 550 sqm rooftop recreation area comprising of a gymnasium, pool, spa, residents lounge and a host of other amenities,” said Aniko Group Managing Director George Mastrocostas.

“As we can see from our sales success, we have delivered a product that the local area has responded to well,” Mastrocostas said.

The developer is readying the first release of its $2 billion The Landmark masterplanned precinct at Mermaid Beach.

Read more: Aniko Group plot launch of four-tower Mermaid Beach development The Landmark after council approval

New Apartments for sale in Orama, Chevron Island

Access the latest brochure, pricing and floorplan details for Orama, Chevron Island.
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Joel Robinson

Joel Robinson is the Editor in Chief at Urban.com.au, managing Urban's editorial team and creating the largest news cycle for the off the plan property market in the country. Joel has been writing about residential real estate for nearly a decade, following a degree in Business Management with a major in Journalism at Leeds Beckett University in England. He specializes in off the plan apartments, and has a particular interest in the development application process for new projects.

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