Independent review:
New townhouses in Glades golf course: North Hill.
We visited the sales office and display a while ago.
3 bedroom, 2.5 bathroom, 160 m2, asking A$560,000.
Positives
- BEAUTIFUL location. Overlooks golf course greens- Glades
- Close to highway, schools, hospital, shops (3 min to Robina Town Center).
- Rent projections of over $500 for 3 bedroom townhouses.
- Low body corporate: shared pool
- HUGE rooms. It's hard to find townhouses with rooms this size, with minimal space wasted
- obviously heaps of depreciation available.
- suitable for young and middle aged families
- can walk around in golf course outside working hours- I saw a couple doing yoga there
- Really great decent sized kitchen, good materials.
- Great design- heat from carport won't rise to living areas
- A proper yard
Negatives
- A bit expensive for a town house, but much cheaper than houses in the estate.
- Gated carport not garage
- Golf course built on a flood zone, so 1-2 times a year, it will be flooded, leading to mosquitos.
Research:
Price negotiable, so speak to your agent.
Again, first stage completely sold out. This stage almost sold out! Earlier developments by this group are now sold at a loss (I suspect that is because the initial price tag is too much).
Repayments: approximately $3314/ month + water/rates approximately $250/month + body corp
Personally, I wouldn't pay more than A$500,000 for this property as an investment, but developers won't sell at this price. Outside of my price range for a townhouse. If you had the money, this is an excellent home for the family.
New townhouses in Glades golf course: North Hill.
We visited the sales office and display a while ago.
3 bedroom, 2.5 bathroom, 160 m2, asking A$560,000.
Positives
- BEAUTIFUL location. Overlooks golf course greens- Glades
- Close to highway, schools, hospital, shops (3 min to Robina Town Center).
- Rent projections of over $500 for 3 bedroom townhouses.
- Low body corporate: shared pool
- HUGE rooms. It's hard to find townhouses with rooms this size, with minimal space wasted
- obviously heaps of depreciation available.
- suitable for young and middle aged families
- can walk around in golf course outside working hours- I saw a couple doing yoga there
- Really great decent sized kitchen, good materials.
- Great design- heat from carport won't rise to living areas
- A proper yard
Negatives
- A bit expensive for a town house, but much cheaper than houses in the estate.
- Gated carport not garage
- Golf course built on a flood zone, so 1-2 times a year, it will be flooded, leading to mosquitos.
Research:
Price negotiable, so speak to your agent.
Again, first stage completely sold out. This stage almost sold out! Earlier developments by this group are now sold at a loss (I suspect that is because the initial price tag is too much).
Repayments: approximately $3314/ month + water/rates approximately $250/month + body corp
Personally, I wouldn't pay more than A$500,000 for this property as an investment, but developers won't sell at this price. Outside of my price range for a townhouse. If you had the money, this is an excellent home for the family.
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