Latest in luxury living underway in Noosa at Settler’s Cove
The latest stage of Settler’s Cove $400 million project is well underway with the construction of Lumina Residences.
The fourth stage in the project has already seen strong demand for the resort-style development which is designed for permanent residences and features direct access to Noosa River as well as being within walking distance to Hastings Street and Noosa Junction.
Sales and Marketing Manager Dane Larcombe said the demand for residences had been consistently strong.
“Earlier stages of Settler’s Cove sold out and are now enjoying strong resale figures,” he said. “With new developments in Noosa so tightly held and a location like no other, the release of Lumina Residences has seen an immediate response from buyers with five apartments already under contract.”
All residences are three-bedroom, two-car with resort-style facilities, exclusive jetty access to Noosa River; and located in a quiet environment yet close to key business and tourist districts with walking paths to Noosa River and The J entertainment precinct.
Dane said sales in Settler’s Cove had been strong with a high proportion of buyers coming from the local area and appreciating the luxury of time that buying off the plan offered.
“Lumina Residences will build on the previous stage with its design aspects, the latest fixtures and fittings and the advantages of being part of an exclusive enclave,” he said. “Resale figures from earlier stages provide a strong return and there is a strong sense of community amongst the owners of each stage.
“Our residents tend to lead an active lifestyle and still want the space and accessibility to Noosa hot spots but in a quiet and central location,” he said. “They are seeking to improve their lifestyle while simplifying their lives by minimising yard and pool maintenance. Settler’s Cove offers all the benefits of resort-style facilities in a central location while being surrounded by nature.”
The project sits on 36 hectares overlooking Noosa River surrounded by lush vegetation with half of the site provided back to Council as a Conservation-protected zone.
Construction of the first stage of Lumina Residences is expected to be finalised in 2020 with the overall project aiming for completion in three-to-four years.
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