A wave of local and interstate high-rollers have pinpointed the Sunshine Coast apartment market, with the local apartment developer, Cube Developments, seeing huge success at their Maroochydore apartment development, Nature by Cube.
Over three quarters of the luxury development has sold since it achieved development approval in August, totalling $32 million worth of sales to date.
Nature by Cube, on the dress circle The Esplanade, was pinned for 13 luxury apartments across eight-levels, crowned by an expansive 475 sqm penthouse.
But buyers have been keen on replicating the penthouse scale and level of luxury across the lower levels, combining two apartments to create the bigger space, with six bedrooms being combined.
Cube Developments Director Scott Juniper says that buyers are moving to the area and are looking to maintain inner-city luxuries alongside a post-COVID lifestyle shift.
“Buyers are seeking to achieve the best of both worlds – the open-air and relaxed lifestyle that the Sunshine Coast offers, coupled with a high-end home that is on par with their Brisbane, Sydney or Melbourne residence,” Juniper said.
“We’re meeting the need with a flexible design and build model that is culminating in homes that are far from cookie cutter and truly bespoke; we’re creating something that you’ve never seen before.”
The mega-apartments span full floors and will feature seven-metre frontage living with enormous semi-outdoor entertaining and kitchen spaces, as well as two dining areas, a private wine cellar, beverage service bar and multiple home offices.
The penthouse was secured for nearly $7 million.
Architecture firm Cottee Parker designed the development, with Juniper’s brief simple: ‘We want the best the Sunshine Coast has ever seen.’
Cottee Parker Director Sandra Browne said the expansive design of the sky home has been fashioned to retain waterfront views across the master bedroom and communal living spaces, with an architectural spec which has not yet been seen on the Sunshine Coast.
“This is the largest penthouse that we’ve been part of creating in the area, and is within the top of Cottee Parker’s national portfolio in terms of its sheer size,” Browne said.
“We have certainly taken advantage of this to capture the views – which are nothing short of spectacular, and maximise the frontage over the water.”
Only three apartments at Nature by Cube remain, and are priced from $2.95 million.