A 1071 sqm block and house at 20 Second Avenue in Cotton Tree on the Sunshine Coast comes compete with council approvals for seven apartments with lift access from the basement.
Cotton Tree Real Estate property specialist, Paul Ritchie & Don Greeff are seeking a sale by negotiation for the property.
Mr Ritchie said artist impressions of the development were available and all floors offered water views.
“This block is a key site that offers a valuable acquisition for investment in the future with the potential for higher density, or build now and maximize the strong interest in living in this location,” Mr Ritchie said.
There is an nicely renovated beach house on the site that could be lived in for now or rented for office use. An amalgamated site of four blocks next door is zoned for commercial usage.
The site is nearby to a 10-storey office tower to be built by the state government in First Avenue opposite the Maroochy RSL.
A patrolled surf beach is only a short stroll away with the revitalised Cotton Tree and Duporth Avenue mixed use precincts on your doorstep.
A multi-million dollar redevelopment of the Big Top Shopping Centre is nearby that combines open retail, café, dining and recreational space.
Sunshine Coast Airport is 20 minutes away and is earmarked for further expansion to cater for 1.9 million passenger movements annually by 2020.
For further information call Paul Ritchie or Don Greeff on (07) 5443 133, 0416 073 074 or visit www.cottontreerealestate.com.au
Location: 20 Second Avenue, Cotton Tree, Sunshine Coast, close to Maroochydore Beach and Maroochy River.
Description: 1200 sqm block of land with original beach house and approved plans for four floors, seven apartments.
Sale Price: Expressions of interest.
Contact: Paul Ritchie on (07) 5443 133, 0416 073 074 or visit www.latitudeonsixth.com.au
Paul Ritchie available for interview on 0416 073 074 or (07) 5443 1333)
Issued on behalf of Cotton Tree Real Estate by Sun Communications PR and Media: Phone: Rodger Hall 0418 716 893.
Long-term investment proves point
If property is a long-term investment then Cotton Tree Real Estate proves the point having been located in the same premises and successfully serving its clients on the Sunshine Coast for nearly 30 years.
This family-operated business located on Cotton Tree Esplanade is one of the oldest of its type on the Sunshine Coast and has been handed down to Ned Byrne and his sister Melanie. The business celebrates its 30th anniversary in January, 2009.
Ned, who specialises in sales and project management, said the business had grown along with the Sunshine Coast particularly as it was focused on property sales and holiday letting.
“Migration to the area has fuelled investment in property along with the increasing popularity of the destination for holidays and short breaks,” Ned said.
“The property industry has been at the heart of the region’s growth and as demand for our services has grown then we have expanded.”
“With such a lengthy connection with the industry we firmly believe that property is a solid long-term investment in wealth creation.”
“We are very proud of the fact that not only has the business been here for so long but that the family is continuing to be involved through the next generation providing clients with professional and personalised services.”
Ned said purchasing a property was most people’s biggest investment and Cotton Tree Real Estate’s long association with the central Sunshine Coast had helped to provide support and assistance based on the experiences of living and working in the area.
A growing part of Ned’s work involves project management and he has been involved with the multi-story residential complex Silver Sea on Sixth, and most recently with the $30 million Latitude on Sixth that is selling off the plan and features four massive skyhomes on floors 11 and 12.
“House-size apartments are a trend that is set to continue as buyers seek out properties with the space they are used to but with the lifestyle benefits of living close to the beach,” Ned said.
“The appeal of the Cotton Tree area is only getting stronger with revitalised retail and commercial projects supporting the contemporary design and quality of the new residential offerings.”
Property manger Melanie overseas a well-established rent roll of people who have been coming back for years.
“Our tenants and owners appreciate the friendly service that only a family-owned and managed business can deliver, and it is pleasing that this is recognised through repeat business and referrals going back many years,” she said.
Ned Byrne available for interview 0417 754 758.
Issued on behalf of Cotton Tree Real Estate by Sun Communications PR and Media: Phone: Rodger Hall 0418 716 893.
Resident managers re-invest in Cotton Tree
The management rights at the $30 million Latitude on Sixth in Cotton Tree on Queensland’s Sunshine Coast has been acquired by one of the region’s most experienced property management teams
Maria and Kevin Duke have been involved in the management rights business for the past 11 years through their family business Duke Management Services. The Duke’s portfolio currently includes Silver Sea on Sixth Resort, and previously Beachfront Towers and Beach Houses, all properties in the Cotton Tree Maroochydore area.
The Duke’s say Latitude on Sixth, adjacent to Silver Sea and was an easy investment for them to make, having worked as resident managers in the area for so long.
Maria is president of the Australian Resident Accommodation Managers’ Association (Sunshine Coast) and has been a committee member for 10 years. Maria, a Sales Director, for Venz Management Rights Specialists, has also been involved in selling management rights for 8 years.
“Working with ARAMA and VENZ has given me an opportunity to learn so much about the industry,” Maria said. “We have found Cotton Tree to be an area that is very attractive for investors and tourists and this track record supports the confidence we have in the location as resident mangers,” Maria said
“Silver Sea has generated returns at least 10% above the industry occupancy average and has excellent repeat business along with very positive guest feedback. These factors are all very encouraging as we look forward to assisting the new investors in Latitude on Sixth.”
The Duke’s believe the Cotton Tree area will prove to be very resilient in regard to current market forces because of its location with easy access to the Maroochy River, Maroochydore Beach and Mooloolaba lifestyle precincts.
“Our marketing strategies focus on offerings to diverse market segments throughout the year leveraging the larger apartment sizes, and bedding options for families in resorts such as Silver Sea and Latitude on Sixth.”
“These developments are the next generation of resorts in terms of design, quality and fit out and in our view are very appealing to investors, some of whom have been buying and selling in Cotton Tree for many years.”
Latitude on Sixth features master built two and three-bedroom designs and six massive sky-homes that have nearly 300sqm of prestige living space.
Marketed by one of the region’s longest established agencies, Cotton Tree Real Estate, the project is now selling off the plan with prices ranging from $640,000 to $2.45 million. A 10% deposit secures an apartment with settlement not due until towards the end of 2010.
The on-site sales office is open seven days a week from 11am to 1pm.
For sales information call Paul Ritchie on (07) 5443 133, 0416 073 074 or visit www.latitudeonsixth.com.au or
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Maria Duke can be contacted on (07) 5479 5350.
Paul Ritchie (Cotton Tree Real Estate) available for interview on 0416 073 074 or (07) 5443 1333)
Issued on behalf of Cotton Tree Real Estate by Sun Communications PR and Media: Phone: Rodger Hall 0418 716 893.
Living at right
Latitude
Cotton Tree on Queensland’s Sunshine Coast has the right Latitude for
super-size apartment living snuggled between Maroochydore Beach and the
Maroochy River lifestyle precincts.
Latitude on Sixth is a 12-floor development that features master built two
and three-bedroom designs and four massive sky-homes that have nearly 300sqm of
prestige living space.
Marketed by one of the region’s longest established agencies, Cotton Tree
Real Estate, the project is now selling off the plan with prices ranging from
$640,000 to $2.2 million.
Property specialist Paul Ritchie said the $30 million development reflected
the long-term confidence in the region with a number of other commercial and
residential projects either announced or underway.
“Latitude on Sixth is aimed at meeting the continuing demand for apartments
of this size that provided house-size living with the benefits of beach access
and ocean views.
This is a very attractive investment when considering its location, design
and size of apartments, with 10% deposit terms and settlement not due until
towards the end of 2010,” Mr Ritchie said.
“House-size apartments, particularly the skyhomes, have been successful in
this area with the top end of the market recognising that size, quality and
location is a very strong long-term family investment or as a permanent home in
retirement.”
The four-bedroom skyhomes on floors 11 and 12 have large balconies with
extensive use of glass that maximise the panoramic views from Mudjimba Island
to Mooloolaba.
Two bedroom apartments include a media or multi-purpose room housed within
161sqm of living space, and there are two designs for the three bedroom
apartments that also have a study and range up to 210sqm of living space.
All designs maximise blue water views and feature seamless, open plan
living and quality appliances and fittings.
A patrolled surf beach is only a short stroll away with the revitalised
Cotton Tree and Duporth Avenue mixed use precincts on your doorstep.
A multi-million
dollar redevelopment of the Big Top Shopping Centre is nearby that combines
open retail, café, dining and recreational space.
Sunshine Coast
Airport is 20 minutes away and is earmarked for further expansion to cater for
1.9 million passenger movements annually by 2020.
Each apartment has
two secure car parks and storage areas in the basement and use of the promenade
level 25m lap pool and gym room. The ground floor has available a mix of
boutique shops and dining.
The on-site sales
office is open six days a week from 11am to 1pm.
For further
information call Paul Ritchie on (07) 5443 133, 0416 073 074 or visit www.latitudeonsixth.com.au
Location:Double street frontage between
Sixth Avenue and Fifth Avenue, Sunshine Coast, close to Maroochydore Beach and
Maroochy River.
Description:12 floorluxury residential apartment complex with four massive skyhomes, premium
finishes, ocean views, large balconies.
Sale Price: Lower floors $640,000 to $2.2 million for skyhomes.
Contact: Paul Ritchie on (07) 5443 133, 0416 073 074 or visit www.latitudeonsixth.com.au (Paul Ritchie
available for interview on 0416 073 074 or (07) 5443 1333)
Issued on behalf of
Cotton Tree Real Estate by Sun Communications PR and Media:Phone: Rodger Hall 0418 716 893.
Sporting chance to
find dream home
There’s a sporting chance you will find the property of your
dreams at Cotton Tree Real Estate on
Queensland’s
SunshineCoast.
The business is one of the longest established of its kind
with nearly 40 years trading on the Cotton Tree Esplanade.
Property specialists Paul Ritchie and Don Greeff support
principal Ned Byrne to assist a diverse range of buyers and sellers in a prime
lifestyle location minutes from
MaroochydoreBeach and the
MaroochyRiver.
Both Paul and Don combine sporting interests with a wealth
of knowledge about investing in this region.
Paul is a motor racing enthusiast and a former organiser of
the Castrol Six Hour Production bike race at
AmarooPark and the Easter Mt Panorama
motorcycle races atBathurst.
Don is a former professional tennis player who has graced
most of the world’s biggest tournaments.
“Cotton Tree offers a fantastic lifestyle investment close
to Maroochydore Beach and the Maroochy River,” Mr Ritchie said.
“Projects here have embraced house-size living spaces in
master built apartments within walking distance of revitalised retail
precincts.”
Mr Ritchie recently finalised a $3 million penthouse sale
off the plan in Beach on Sixth. He said the two-level penthouse was sold to a
businessman from
Newcastle, and
highlighted the confidence buyers had in the
Sixth
Avenue, Cotton Tree, precinct.
Paul Ritchie
available for interview on 0416 073 074 or (07) 5443 1333)
Issued on behalf of
Cotton Tree Real Estate by Sun Communications PR and Media:Phone: Rodger Hall 0418 716 893.