Ko Launches in Southeast Queensland – luxury holiday home ownership at a fraction of the price

In an exciting first for Queensland, Ko has launched two new co-owned luxury holiday homes in the Gold Coast and Sunshine Coast.

The first and only co-ownership platform in the Asia-Pacific region for luxury holiday homes, Ko has recently expanded its reach in Australia to include new opulent properties in South East Queensland. 

Ko properties are already attracting investors in popular holiday locations including Byron Bay, the Central Coast, Newcastle and Lake Macquarie, Sydney’s Northern Beaches and the Southern Highlands of NSW. International properties are also available in Indonesia, Japan and Malaysia, with Thailand and New Zealand about to be added to the Ko list. 

With these newly listed Queensland properties, the Ko team is providing buyers with two premier properties in locations that offer a getaway with all the finer things in life. 

Ryan Fritsch, a co-founder and the CEO of Ko, said, “As we further grow our footprint in Australia and the Asia-Pacific region, we’re excited to add these stunning properties in Queensland to our collection of Ko homes.

“With the lower price-point of co-ownership, we’re putting luxury holiday homes within reach of more Australians and helping them to live the lifestyle they want to, now” he said. 

Mermaid Beach, Gold Coast

The Destination: The Gold Coast is a vibrant, iconic city that offers an upbeat experience. Holidaymakers are drawn to the world-renowned beaches and upscale shopping and dining options, that make up the Gold Coast’s dynamic and glamorous coastal lifestyle. Whether you’re looking to enjoy the nightlife or simply relax and soak up the sun, the Gold Coast has something for everyone.

The Property: Ko’s brand-new four bedroom property at Mermaid Beach is a dream come true for lovers of beachside living and entertaining. You’ll be spoilt for choice between the alfresco terrace with an inground plunge pool, a rooftop terrace with 360° views of the sea and surrounds, and an entire level inside dedicated to relaxing with friends and loved ones. 

Spread across five levels, this prestigious villa comes with state-of-the-art technology including smart room controls, air-conditioning, security and irrigation, a lift and a garage with an electric charging station and three car spaces.

With an overall value of $3.2 million, each share in this luxury home costs just $400,000. 

Pelican Waters, Sunshine Coast

The Destination: The Sunshine Coast is a laid-back and relaxed destination that boasts some of the most beautiful beaches in Australia. From Noosa to Mooloolaba, the Sunshine Coast offers a pristine coastline, crystal-clear waters, and a range of water sports activities. The elegant and sophisticated region is renowned as a coastal playground for millionaires and is home to many stunning luxury properties.

The Property: This Sunshine Coast home was the winner of the Master Builders regional, state and national awards for Home of the Year in 2020.

Just south of Caloundra, this four-bedroom waterfront home at Pelican Waters is an urban resort in the heart of the Sunshine Coast. 

A central 7×4 meter swimming pool is surrounded on three sides by the bedrooms and three bathrooms and is designed to bring the outdoors in and blend seamlessly with the indoor areas. With ample natural light, this sleek and innovative design brings a feeling of warmth and elegance to the heart of the home. There’s also a 12 meter pontoon with side access for a boat, car, caravan or jet ski, so you can set off and explore the stunning waterways from your doorstep.

 With an overall value of $4 million, each share in this luxury property costs just $500,000. 

A permanent setting of effortless elegance

These two Queensland locations offer up contrasting holiday vibes, but as with any Ko home, the ambience is always set to effortless elegance. 

While luxury home co-ownership, also known as fractional ownership, is new to Australia, the investment option is a rising trend in the U.S. and Europe. The co-ownership model used by Ko is unlike any timeshare arrangement.

The value of each Ko home is divided into eight equal shares. Buyers can purchase from one to four shares, with each share equalling up to 42 days of use throughout the year. Every owner retains true ownership of their share or shares and can resell shares at their preferred price at any time. 

The co-ownership approach brings all the benefits of ownership of a luxury holiday home at a fraction of the cost. It also maximises the use of the investment property, which would otherwise probably be left unoccupied for a significant portion of the year. The professional Ko team handle all scheduling, cleaning and ongoing maintenance, leaving each owner with nothing to do but enjoy their property.

Article source: thepropertytribune.com.au

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