A new collection of luxury apartments is set to “tick so many boxes” amid high demand for residences at Noosa.
Boutique project Malolo Noosa features 22 architecturally designed town homes and apartments, conveniently located at 89-93 Noosa Eumundi Road.
Sales Manager Jeremy Gilmore, from 360 Property Group, said the project was much needed in the area.
“We really understand the Noosa property market, having just come off the hugely successful Parkridge Noosa project which has sold $235m in stock over the past few years,” he said.
“And our latest project, The Whitely, has sold $35m in stock since its launch in November last year.
“There’s an incredible amount of demand for brand new residential stock in Noosa and Malolo ticks so many boxes in terms of its design, location and a price range, which meets the market from $800,000 to $1.5 million.
“One of our big priorities is the sense of space and the two-bed townhouses are around 100sqm internally while the four-bedroom townhouses are up to 130sqm, which doesn’t include the large deck and courtyard areas.
“Body corporate fees will also be low because there is no swimming pool, gym or lifts, which can make it difficult for investors or owner occupiers to make an investment like this stack up financially.”
Long-term Noosa builder Damien Davidson from Davrus is behind the project, which has has been designed by Tewantin-based Blackwood Architecture. It will be built by Vantage Building Group.
Malolo will include 18 townhomes featuring two, three and four bedrooms with an individual private courtyard area as well as four two-bedroom, two-bathroom apartments on a single level.
Blackwood Architecture director Phil Tillotson said the vision for Malolo Residences was to capture the essence of living in Noosa though a subtropical, coastal architectural identity.
“We have created spaces which are strategically located to capture the best qualities of the site and the region’s climate,” he said.
“Abundant light and ventilation was a priority throughout the design process and the end result is a look and feel which is timeless and welcoming and enhanced by high ceilings and generous private open space.”
Malolo is less than a kilometre to Noosa River while Noosa Civic Shopping Centre, Noosa National Park, Hastings Street as well as local restaurants, medical, employment and education facilities are just a few minutes drive away.
Construction is expected to start later this year and it’s expected to be completed by late 2023.
Malolo Noosa features
- A choice of two, three and four-bedroom town houses as well as two-bedroom and two-bathroom apartments.
- A lush, landscaped community barbecue area.
- Minutes from Noosa River, Hastings Street as well as local shops, boutiques, schools, medical and sporting facilities.
- The address is 89-93 Eumundi Road, Noosaville.
- Priced between $800,000 to $1.5m.
Article source: www.sunshinecoastnews.com.au