Beachfront Development at Noosa Heads Begins Construction

R&W Noosa’s Peter Butt and Sandpiper developer Robert Selkirk are on site for the start of construction of the new Noosa Heads beachfront project.

The original Sandpiper building has been demolished and the absolute beachfront site has been cleared.

The new footings have been poured in the first steps to delivering Noosa’s latest beachfront development. Three full-floor apartments and two retail shops will be built on the site.

R&W Noosa co-principal Peter Butt has sold two of the apartments and is now offering the penthouse for sale.

“The spacious full-floor apartments will give the feel of a house size apartment with no common walls with any other property,” he said. “There will be a flood of natural light with windows on all four sides of the floor plates and a spacious balcony overlooking Laguna Bay.”

Sandpiper is positioned in the centre of the street and provides view lines to First Point as well as the Noosa North Shore and River mouth.

“The Noosa market has shown good signs of an early revival in recent months,” Mr Butt said, “and this new project on the beachfront is exactly the confidence booster the area needs.”

The Sandpiper construction is being handled by the experienced Calty Constructions. The finished product is expected to be delivered before mid 2013.

The penthouse is being marketed with a $9.5million price tag. The mid floor apartment is under contract at $8million and the ground floor apartment is under contract at $6million.

Mr Butt said the Sandpiper project has been quite a story.

The developer Robert Selkirk first started to accumulate six single apartments and two shops six years ago. The project was launched to the market last year and two full floors have already been sold.

“It’s a fantastic thing for the market, starting construction of a property of this calibre.

“People are tired of sitting on their hands waiting for someone to call the bottom of the market. In doing so they may miss the opportunity, miss the lifestyle choice.”

Mr Butt said recent buyers of property in Noosa Heads were a real cross section.

“The last couple of sales in Little Cove have been to buyers who are easy to deal with, more astute. They realise prices have come down.

“They are looking for value for money. They are not short term owners, they recognise the market in Noosa Heads, Little Cove, Noosa Sound and Noosaville is on the up.

“There are some places you will not see at this price again.”

Mr Butt said a lot of buyers were from interstate who may have been holidaying in Noosa five, six or seven times. They have watched prices and are basically cherry picking the market.

As for the sellers, they are more realistic in this market.

“A very smart bank manager said: ‘People who adjust to the market first are the ones that win’,” Mr Butt reminded.

Credit: New development for Noosa Heads