We all know the Sunshine Coast is an incredible place to live and a couple from Cairns definitely agrees, snapping up the luxury penthouse with exclusive top-floor access at Latitude Coolum Beach for $1.7 million.
We are excited to see strong interest in the market — especially north of the Maroochy River — as people from outside the region continue to recognise the Sunshine Coast as a great investment and a wonderful place to call home. Like many in the property market at the moment, the penthouse buyers had long been considering a move to the Sunshine Coast and COVID-19 was the catalyst to make it happen.
Now only three apartments remain at Latitude Coolum Beach which is really positive given we committed to starting construction on the seven boutique apartments in the height of the COVID-19 pandemic.
While there was initial uncertainty on how the pandemic would impact the housing market, the Sunshine Coast market remains strong.
Our real estate partners North Shore Realty have just enjoyed their strongest month of sales since opening their doors 25 years ago, with a significant increase in southern enquiries.
Sales consultant Ben Thomson said about 50 per cent of enquiries were from Victorians who can see value in the Sunshine Coast as they endure challenging times due to COVID-19 restrictions.
“There’s no doubt that the eyes of the country are on the Sunshine Coast and, in particular, north of the Maroochy River and we are lucky to live in the lifestyle market that’s at the forefront of everyone’s minds,” Ben said.
“Coolum and specifically Latitude Coolum Beach’s proximity to Noosa, the airport and the new Maroochydore CBD is a strong factor in buyer enquiries.”
Construction of the apartments is progressing well and the Devcon Building Co. team who are constructing the development, said the project has also been positive for the local construction industry.
“We anticipated a drop of activity due to COVID-19 but we’re actually seeing a lot of prospect for growth at the moment on the Sunshine Coast,” Devcon Managing Director Michael Kain said.
“We’ve had to implement new health strategies, including staggering numbers of people onsite at one time and being conscious of people showing symptoms which has impacted our timelines to a certain extent.
“However, in saying that if the weather continues to act in our favour, we’re anticipating we’ll have construction wrapped up by Christmas – which is a pretty special way to end the year for the new owners!”
Latitude Coolum Beach is offering three-bedroom, two bathroom apartments ranging from 177sqm to 231sqm with secure garaging on the ground floor.
Three apartments are still available and are priced from $899,000. To find out more or register your interest, please visit www.latitudecoolum.com.au or contact North Shore Realty’s Ben Thomson on 0447 057 651 or Noel Mooney on 0417 756 076.