Changing Plans to Meet Demand

3 architects

The developers behind a luxury residential project will reconfigure one entire block to meet the demand for large penthouse-style apartments in Noosa.

Peregian Beach-based Altum Property Group and Thakral Capital are constructing Parkridge Noosa, and have fast-tracked stages due to strong sales.

“We knew this project would be popular, everything from the location, views, design and value for money has really resonated with buyers,” development director Alex Rigby said. “The true test is always when it hits the market and it’s pleasing that we’ve had such a good mix of stock sold to a wide range of buyers.”

The majority of more affordable stock around the parklands and cafe have now sold, Mr Rigby said. Apartments with Lake Weyba views are also selling well.

“Due to the demand for large, four- bedroom, penthouse-style apartments, we have decided to reconfigure one of the buildings within the Luxury Parkridge Terraces to ensure we have enough of this stock to meet the growing number of buyers wanting a spacious residence with plenty of room to entertain guests,” Mr Rigby said.

Parkridge Noosa is the result of a collaboration between the developer and local designers and architects, who took their inspiration from the environment.

Blackburne Jackson director Rohan Jackson said the design brief was based around creating a luxurious modern living destination which reflected the Noosa lifestyle and the natural context in which it was located.

“We pay homage to Noosa’s light, bright, balmy days and its relaxed energy,” he said.

Sales consultant Jeremy Gilmore from 360 Property Group said Parkridge Noosa was proving particularly popular with local buyers.

He said the site’s location, which is surrounded by Girraween Nature Reserve, Noosa National Park and has 180 degree views of Lake Weyba, ensured privacy.

“Within Parkridge there is a range of quality communal facilities including a large gymnasium, 25m lap pool, restaurant and cafe, a local providore and over 2500sq m of lush parkland to relax, exercise or socialise,” he said.

“It’s also just minutes away from Noosa’s stunning beaches, world class restaurants, cafes and boutiques as well as local entertainment, sporting and cultural centres.”

Paint Right store owner Phil Fortington has secured a terrace apartment.

He said he had seen many new developments but Parkridge Noosa was “one of the best ones that I have come across”.

“My partner Jos and I have been looking at some properties to live in around Noosa, including Noosaville and Sunrise Beach, but nothing matched what we could find at Parkridge Noosa” he said.

The design of the apartments is great, the 180 degree water views of Lake Weyba are stunning and best of all it is privately tucked away from the hustle and bustle of Noosa and yet it’s just a few minutes from Noosa Junction and Hastings Street.

“Jos loves to swim and there’s a great pool within the community, I am a keen golfer and with the Noosa Springs Golf Course right next door it’s absolutely ideal.

“We also love the fact that we’ll have our own cafe, convenience store and gym within the development so it’s very similar to the facilities that we enjoyed at the Hyatt when it was at its prime when we lived in Coolum.”

T H E B A S I C S

PARKRIDGE NOOSA
Developer: Altum Property Group and Thakral Capital
Price: Apartments from $705,000
Location: Noosa

The Parkridge Social Club offers exclusive access to private event spaces, as well as barbecue areas and a swimming pool. A cafe will offer indoor and outdoor dining experiences.