Construction set to begin at boutique Noosa residential development

Capital Prudential’s $43 million Jura project hopes to set new benchmarks in the tightly held Noosa market. (Supplied)

National property developer Capital Prudential has appointed multi-award-winning QLD Built to start construction works at its latest residential project, Jura Noosa.

Capital Prudential’s $43 million Jura project hopes to set new benchmarks in the tightly held Noosa market.

General manager of property, Clancy Sprouster said he was thrilled to start construction at Jura after a successful pre-sales campaign.

Upon completion, Jura Noosa will comprise a combination of two and three bedroom townhomes and apartments, featuring a resort-style pool and tropical-inspired landscaped BBQ area, for the residents.

“We are excited to have Jura finally underway, the feedback from both residents and investors has been very positive. They love the layout of the architecturally designed apartments and townhouses and Jura’s location near shopping precincts, schools, allied health and Noosa Hospital as well as dining, sporting and entertainment precincts.

“Our company has successfully delivered a number of smaller projects in Noosa and many larger across the country. Our strong experience and understanding of development nationally has been bolstered by engaging with a number of locals such as QLD Built, Phil Tillotson from Blackwood Architects in Tewantin and Jack Lewis from Pivotal Perspective in Noosaville, which ensures we will deliver a project which is in keeping with the local environment,” Clancy said.

Jeremy Gilmore, managing director of Milestone Property Group has been heading the sales program for Jura Noosa and said interest in the Noosa property market remains strong.

“Over the past few years, we have sold a number of projects in Noosa, including Parkridge Noosa as well as Malolo and The Whitely, which are both located on Eumundi Noosa Road. Demand for Noosa property is still very strong because it’s a national and international brand of excellence driven by a number of lifestyle factors.

“Buyers and those enquiring about Jura are specifically looking for architecturally designed two- and three-bedroom apartments and townhomes that are brand new, never lived in, that they can call home.

“They love everything about the design and its location which is far away enough from the hustle and bustle of Hastings Street and Noosa Junction and yet everything they need is in close proximity,” he said.

Prices at Jura Noosa begin at $960,000 for a two-bedroom through to $1,495,000 for the three-bedroom product. Construction is expected to be completed towards the end of 2025.