First Bay
1674-1676 Coolum Esplanade, First Bay
ViewMosaic Property Group's award-winning, $103m Avalon development on Duporth Avenue in Maroochydore has ended the year as the Sunshine Coast's best selling off-the-plan development, according to Place Projects latest report.
According to Place Projects Sunshine Coast Apartment Summer 19/20 Report, Avalon was the best performing apartment development for the period April to September 2019, recording an impressive 28 apartment sales or 31% of its total stock. The volume of sales well exceeded the vast majority of the 27 new apartment developments released to the market this year.
Officially launched in late 2018, the boutique luxury Avalon has already realised over $83m in sales, with strong ongoing interest from local and interstate buyers. Over 75% of its Arbor building is now sold, while its ultra-exclusive Azure waterfront residences are 100% sold out. The development boasts a ground-floor artisan café, gym, sauna, steam room, private pontoon, watercraft storage, resort pool, sun decks and an exclusive concierge service.
Avalon was recognised for setting a new benchmark in residential design, winning the inaugural Design Excellence award late last year from the Urban Development Institute of Australia (Qld).
Mosaic Property Group Managing Director Brook Monahan said this achievement was the ultimate culmination in what has been a phenomenal success story so far for Avalon, with buyers captivated by the compelling blend of lifestyle, location, design and finish.
“The market sees this as an extremely special and very rare opportunity to secure brand-new product in the Dress Circle of Maroochydore, just minutes from an incredible array of convenience, lifestyle and commercial amenity,” said Mr Monahan.
“The site itself is rich in local history and we have spared no expense in ensuring we produce nothing but extraordinary for it.”
“And of course, the lure of an unbeatably idyllic, low maintenance coastal lifestyle is proving too good an opportunity to miss out on for a number of downsizer and upgrader owner-occupiers.”
Construction on Avalon is well underway and is due for completion in mid-2021.
A limited range of impeccably appointed, 2- and 3-bedroom apartments remain from $589,000. For more information, call 07 5329 7920 or visit the sales display at 48-50 Duporth Avenue Maroochydore.