NEWS

Save $21k at Coomera Waters

03 December 2008

Limited chance for land buyers to
save $21K at Coomera Waters

Austcorp offers ALL land buyers special incentive

National property developer Austcorp Group Limited is extending to all land purchasers at Coomera Waters the equivalent of the government grant of $21,000 to help boost home ownership.

The special offer, commencing this weekend, is available to all property buyers who purchase land at the award-winning Coomera Waters community on the Gold Coast. The special offer is on top of the government’s First Home Owner Grant.

Austcorp Queensland general manager Kerry Spencer said the offer gave property buyers an incentive of their own to trade up to a community offering quality lifestyles, irrespective of whether they are first, second of even third home buyers.

“With the global financial turmoil, times have been tough and people are understandably more hesitant about investing,” Mr Spencer said.

“To stimulate activities in the market, the Federal Government has boosted the First Home Owner Grant and introduced stamp duty concessions. We want to take the initiative further by offering an incentive of our own for all land purchasers, regardless of whether they are first time buyers or not.” 

Mr Spencer said the $21,000 incentive is available on all existing waterfront and dry homesites purchased before 31 January 2009.  The sites, which range from 600sqm to 1232sqm have been developed and are ready to be built on.

The sites are priced from $289,000 to $755,000 *.

First home buyers can couple Austcorp’s offer with the Federal Government’s First Home Owner Grand and stamp duty concessions to save almost $50,000.

“This offer provides value-conscious buyers with a rare opportunity to secure a lot in one of the Gold Coast’s most sought-after, established communities,” Mr Spencer said.

“On the northern Gold Coast there is an underlying demand for new homes and quality development continues despite the softening of demand generally in the property market.

“Astute investors are realising that now is a wise time to buy and this is an extra incentive to purchase during the Christmas holiday period when we see increased traffic at our sales centre.

“Austcorp is willing and able to find innovative ways to help people to own their own homes.”

More than 1070 homesites have been developed in the masterplanned community, which is based around a 17 hectare harbour and 72 berth marina.
 
Since Coomera Waters was launched in 2001, the value of dry homesites have more than tripled and waterfront land has more than quadrupled.

“Despite offering high returns, Coomera Waters remains one of the most affordable places to buy land on the Gold Coast,” Mr Spencer said.

“Buyers at Coomera Waters have the added benefits of having direct access to their own resort facilities including a boating harbour, retail and commercial village, recreational clubs and walking paths.

“A range of schools, the M1 and the planned Coomera Town Centre are also only a stone’s throw away.”

Coomera Waters is located off the Pacific Motorway, just east of Dreamworld on the corner of Foxwell and Colman Roads.

For more information on Coomera Waters, visit www.coomerawaters.com.au or phone the sales office on 07 5661 8000.

*Prices correct as of 3/12/08.