SANDPIPER COMMENCEMENT
title: SANDPIPER COMMENCEMENT
description: The Sandpiper site on the Noosa Beachfront has moved into construction mode in a sign of strong confidence in the Noosa Beachfront market.
og:image:
RICHARDSON & WRENCH NOOSA https://assets.boxdice.com.au/richardson-wrench-noosa/attachments/13a/512/rw_logo_v2.png?331e0a0f28377fb379b28e2ee35519a2

SANDPIPER COMMENCEMENT



The Sandpiper site on the Noosa Beachfront has moved into construction mode in a sign of strong confidence in the Noosa Beachfront market.

The development consists of three large 3 bedroom full floor apartments that sit on this prized absolute beachfront position on Hastings Street.

The ground and mid floor apartments were sold for a total of $14 million and the commercial component on the Hastings Street frontage has also been leased.

The property has been marketed by R&W Noosa and the last remaining apartment to be sold is the Penthouse. The penthouse was originally to be retained by the developer, but is now available for sale. The completion date for construction on the development is aimed to be finished before mid 2013.

R&W Noosa principal, Peter Butt, says that the commencement of construction is a great show of confidence in the tightly held beachfront market.

The original Sandpiper consisted of 6 x 1 bedroom apartments and 2 commercial shops. The developer purchased the individual apartments and the commercial over a period of six years and is now finally seeing the fulfillment of a long held vision for the site.

The architect commissioned for the design was Richard Foster who also designed the adjoining development of “The Breakers”, which was also a great success in filling the short supplied 3 bedroom beachfront market.

Currently there are only twenty five of these large 3 bedroom apartments on the beachfront and many of these have been tightly held since the original purchase dates, with some being held by the original owners for over 20 years, they simply don’t come on the market all that often. “We have seen very limited turn over in this beachfront market, even in the down cycles” Peter Butt said. “This is a market that is relatively unaffected by hard times and therefore inspires significant confidence as long term family assets”.

Testimonials

Dear Peter, We are writing to express our sincere thanks and admiration at your handling of the sale of our property. Your reputation made you an obvious choice with whom to discuss our proposed sale. We spoke to others but your “low key” approach, your comprehensive marketing plan, intimate knowledge of Sunshine Beach and the industry – and your little red property boards throughout the area supported our exposure to a large number of potential buyers. You committed to handling our property personally, with all negotiations and inspections to be your direct responsibility and you fulfilled this commitment. Your Auction provided a solid base for a satisfactory sale – and you maintained the interest of potential buyers and achieved a result which matched the original expectation you discussed with us. We are delighted with the result achieved at this level in a tough market – all within the space of only 8 weeks – extraordinary. You were without doubt the right person for the task and we will take every opportunity to recommend you to others. Our sincere thanks.
Bronwyn & Barry Francis