Core Asset Development (CAD) says it has already taken 168 registrations of interest from buyers in the planned $100million residential and hotel development, The Sapphire Of Eden.
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CAD has now opened an on-site sales office in the recently closed Eden Fishermen's Club.
The company has lodged a development application for the proposed complex, with one, two and three-bedroom plus study apartments to be available for sale, priced from $618,000.
The residential towers will feature a heated pool, gym and barbecue areas in a fully-secured precinct, with completion of the project expected in late 2022.
A spokesperson for CAD said the development was expected to re-shape and revitalise Eden as a major regional centre in NSW and will be undertaken at the Fishermen's Club site on Chandos and Imlay Streets, Eden.
"This will bring millions of dollars into the Eden economy," the spokesperson said.
CAD has appointed Century 21 Projects Australasia as its sales agent for the apartments and its team is manning the sales office on the site seven days a week from 9am until 5pm to answer inquiries.
"We are delighted with the very strong, early interest among apartments buyers, and over 15 per cent of the project was sold on release in the first week with strong continuing volumes," CAD managing director Mark Toma said.
"The majority of buyers are coming from the Sapphire Coast and looking for a luxury residence to downsize or invest in a luxury residence.
"The excellent sales response comes as NSW's South Coast is benefitting from significant government infrastructure and a surge in tourism," Mr Toma said.
The opening of the sales office follows CAD appointing international operator Radisson Hotels under its specialist brand Radisson Individuals, to manage the five-star 78-room luxury hotel and function centre to be built in one of the four towers, to be called Sapphire of Eden Hotel - An Individuals By Radisson.
"The hotel and apartments will provide a superb lifestyle option and have been designed by noted architects, Altis Architecture and its principal Mr Andrew O'Connell, taking in the 360 degree vistas," the CAD spokesperson said.
More information can be found at www.cadpl.com.au and registrations of interest in the apartments can be made at www.thesapphireofeden.com.au or by ringing 0432 236 340.
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Leah Szanto
Regional journalist covering the Far South Coast of NSW.
Regional journalist covering the Far South Coast of NSW.
