The Mon Komo beachfront development at Redcliffe is selling off the last of its residential and short stay apartments.
The sell-out will clear Mon Komo’s remaining stock 99 Marine Parade, Redcliffe.
This includes one, two and three bedroom residential and short stay investment apartments, as well as a select few apartments held by the developer as rental investments.
Mon Komo marketing manager, Adrian Parsons said the sell-out presented an exciting opportunity for the developer and buyers.
“The developer, Kyko Group, held onto a limited amount of inventory in order to capitalise on Redcliffe’s favourable rental market,” he said.
“Now, with the rental terms finished and the Redcliffe market continuing to grow, it is the perfect time to release these apartments to the market.
“Mon Komo’s residential apartments offer high-quality amenities while also being up to 77 per cent larger than apartments in the average Brisbane city development.”
Kyko Group Director, Bill Jenkings, said they would hold on to the Mon Komo Hotel as a commercial hospitality venture.
Source: The Courier Mail – January 13, 2017