Rare land: development application lodged for $30m residential community near beach

Rare land: development application lodged for $30m residential community near beach

A leading local developer has lodged plans for a $30 million residential community, in a coveted suburb near the beach.

Cube Developments has submitted plans for a hill-top precinct, known as Lumeah, in popular Peregian Springs.

It would offer one of the last opportunities for freehold land in the region.

Comprising premium land lots ranging from 500sqm to 800sqm, the 2.79ha site was originally pinned for 51 townhouses but instead, Cube was seeking to offer 33 exclusive land parcels.

The project, which was lodged as a joint venture with Queensland builder McNab, would benefit from its position – close to Peregian Springs Shopping Centre, the beach, surf lifesaving club and Peregian Beach Village, as well as being near well-regarded private and state schools.

Director of Cube Developments Scott Juniper said Lumeah was designed to fit in with the existing style and feel of the surrounding streetscapes, with plenty of landscaping to its verges.

“The site itself is just spectacular,” he said.

“It’s nestled within the leafy and well-established community of Peregian Springs and is a stone’s throw from some of the best beaches the Sunshine Coast has to offer.

“(The) majority of blocks back onto scenic outlooks and provide unbelievable ocean views.”

“We made the call alongside McNab to reduce the density from the existing DA approval for 51 townhouses, as we feel as though 33 lots is more aligned with the surrounding residents and will give this estate a truly prized and intimate feel.”

Peregian Springs is a small oceanside community just south of Noosa, which boasts wide open green space and wildlife conservation sites.

The price guide for Lumeah was yet to be released.


Publication: Sunshine Coast News