This article is from the Australian Property Journal archive
NEARLY $1 billion of commercial, residential and infrastructure projects are underway or in the pipeline in the Gold Coast’s masterplanned suburb of Robina.
Among the ten major projects underway or about to commence are two new residential communities, two high-end aged care facilities, a business park, a hotel, a school, a childcare centre and a world-class gymnasium.
The activity follows more than $30 million worth of approved development sites in Robina changing hands in the past two years.
The final sites for sale in the precinct range from 2,359 sqm to 8,401 sqm and are approved for a range of uses including residential, commercial, medical and more.
The $170 million Vue Terrace Homes development is underway and will introduce 263 homes to the area. Australian Bureau of Statistics data showed Robina’s population of more than 25,500 people had increased at 4.6% per annum over the past two years, compared to 2.1% per annum for Gold Coast City as a whole.
Commercial developments include a $32 million Quest Hotel now under construction, and works will begin on an Anytime Fitness gym shortly. Both are located in the Stadium Village precinct, home to Robina Train Station, CBus Super Stadium and Vue Terrace Homes.
Construction recently started on the $30 million Acuity Business Park opposite The Rocket office tower, as have works on Odyssey Private Aged Care, and Japara Aged Care’s Robina Rise is nearing completion.
State and federal governments investment totalling $197.5 million has been put towards upgrading the stretch of M1 between Mudgeeraba and Varsity Lakes.
