Popular central Gold Coast hub is a hive of activity
Almost $1 billion of new commercial, residential and infrastructure projects are underway or in the pipeline in popular CBDRobina. The thriving, central location continues to draw the attention of developers across a range of business sectors.
With cranes on the skyline in every direction, over ten major projects are nearing completion, in full swing, or about to commence, including two masterplanned residential communities, two high-end aged care facilities, a business park, a hotel, a school, a childcare centre and a world-class custom-built gymnasium.
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The significant construction activity comes on the back of a run of sales of approved development sites in Robina worth more than $30 million in the past two years.
Robina Group CEO Hylton Slater describes Robina as a hive of activity, noting the significant number of construction jobs being created by the range of independent developers currently active in the area.
“Following a string of recent sales and significant large-scale projects, the number of sites remaining for sale is very limited,” he said.
“This vote of confidence is generating strong demand for the final sites for sale in the precinct, which range from 2,359sqm to 8,401sqm and are approved for a range of uses including residential, commercial, medical and more.
“We expect the strong demand for these approved, development-ready sites to continue, particularly as astute developers realise the opportunity to secure land in Robina is fast becoming extremely scarce.”
Mr Slater said the large-scale residential projects underway in CBDRobina – including Robina Group’s $170m Vue Terrace Homes – would contribute to the area’s continued strong population growth.
Australian Bureau of Statistics recently reported Robina’s population had increased at a rate of 4.6 per cent per annum over the past two years, compared to 2.1 per cent per annum growth for Gold Coast City as a whole for the same period – this is also reflected in the continued low rental vacancy rates in the sought-after precinct.
“Stage 1 is complete and settlements are now underway in Stage 2 of Robina Group’s Vue Terrace Homes community, which will feature a total of 263 homes on completion and house hundreds of new residents,” said Mr Slater.
“This significant residential growth is being supported by a diverse mix of infrastructure, and Robina is also recognised as one of the most amenity-rich areas on the Gold Coast.
“In addition to its central location, the fact Robina is home to universities, schools, hospitals and healthcare, shopping centres, public transport – and has easy access to the M1 Motorway – make it a very desirable place to live.”
Mr Slater said he was also energised to see a large amount of development underway in Robina’s prosperous business sector, across a broad range of industries.
Major commercial developments include a $32 million Quest Hotel now under construction and an Anytime Fitness state-of-the-art gym due to commence soon – both located in the rapidly-expanding Stadium Village precinct – home to Robina Train Station, CBus Super Stadium and Vue Terrace Homes.
The $30 million Acuity Business Park recently commenced construction on a site opposite Robina’s landmark corporate tower, The Rocket, reflecting the current strong demand to lease office space within the sought-after business precinct.
Robina will continue to provide world-class care for the young and the elderly alike, with Odyssey Private Aged Care (pictured) now under construction, and Japara Aged Care’s Robina Rise project nearing completion, investing more than $110 million in aged care and early childhood facilities.
State and Federal governments are also investing a total of $197.5 million to upgrade the stretch of M1 between Mudgeeraba and Varsity Lakes, whilst City of Gold Coast representatives have advised $15 million in works for the Robina City Parklands have now commenced.
Mr Slater said development within Robina is governed by the Robina Central Planning Agreement (RCPA), and the benefits of this planning framework are numerous. The RCPA supports a wide mix of uses and offers town planning advantages such as reduced approval timeframes and significant infrastructure charges benefits, adding further appeal for developers considering purchasing sites in the precinct.
Find out more
Read more about the final approved development sites for sale in CBDRobina.
Read more about the new Robina City Parklands underway in CBDRobina.
Discover Robina Group’s new $170million Vue Terrace Homes residential community, where ready-to-move-in homes are now selling from $599,000.