Noosa baby boomers are the market majority for a luxury owner-occupier 22-apartment, four storey development under construction on a 36-hectare site at Noosa Heads.
RCQ recently began work on the $25 million after winning the contract to construct what is the fourth stage of the Cape Bouvard Development’s Settler’s Cove project called Lumina Residences.
Privately owned by inventor of the orbital engine Ralph Sarich and his wife Patricia, Cape Bouvard Developments has over the past 12 years built more than 70 apartments on its $400million Settler’s Cove project and RCQ has worked on the majority of the stages, winning Master Builders Association (Sunshine Coast) awards in 2008 and 2009 for its work.
Half the site was provided back to Council as a conservation-protected zone and the project has been recognised with a number of awards including the State President’s Award (UDIA Qld 2009).
Settler’s Cover development manager Shannon Gillard said 30 per cent of the latest four-storey build of 215-260sqm apartments under construction had already been sold with prices ranging from $1.8million to $3.9million.
RCQ General Manager Justin Stainton said to be appointed as the builder for Stage 4A – Lumina, meant a lot to their brand and their “Built for Life” philosophy of commitment to people and place.
Cape Bouvard Developments are known for their attention to detail and client focus, which is why the Settler’s Cove precinct has been so successful, he said.
Settler’s Cove development manager Shannon Gillard said with early works already completed the next stage Lumina Residences were well on track to be completed in 2020 with settlement in early 2021
Settler’s Cove sales and marketing manager Dane Larcombe said seven apartments were under contract and while local interest was strong they had also attracted buyers from New Zealand and interstate.
All residences are three-bedroom, two-car with resort-style facilities, exclusive jetty access to Noosa River; and located in a quiet environment surrounded by nature yet close to key business and tourist districts with walking paths to Noosa River, Hastings Street and Noosa Junction entertainment precinct.
