Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

Developer Cornering Niche Coastal Market

Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

Developer Cornering Niche Coastal Market

Article excerpt

BY concentrating almost exclusively on waterfront land, Sunshine Coast developer RGD Property Group has created one of Queensland's most successful and dynamic development portfolios, cornering the Coast's absolute waterfront market and completing and planning for more than $500million of residential and commercial developments since 2003.

Choosing to specialise in quality, medium density residential projects RGD Property Group has pioneered this type of development at Kawana Island on the Sunshine Coast, with the island's entire Double Bay precinct now a showcase of the company's work.

Its luxury Leeward, Caribbean, St Kitts, Island Quays, Azure and Regatta Lake Kawana developments have sold more the 400 apartments since 2003 and the recently released Ocean Reach is keeping pace, with 45 apartments selling off plan since its release three months ago. Backed by RGD and investment banking group Macquarie, the four-level, $57million Ocean Reach is one of the Sunshine Coast's last absolute waterfront sites with direct ocean access. Founder and managing director Ron Grabbe attributes this unwavering demand to bringing inner city-style living to the Coast.

"These aren't just luxury apartments - we have created an urban, inner city lifestyle within the highly sought after Sunshine Coast environment," he said.

"This achieves two objectives - delivering higher density residential product to the Coast which is a key Council focus, and delivering Coast residents a low maintenance, recreation-driven lifestyle."

"Essentially, there is nowhere else on the Sunshine Coast that you can find both a strong sense of community and a cosmopolitan lifestyle, combined with top quality amenities such as a restaurant and cafe, along with a sandy beach and access to kilometers of walkways, waterways, and the ocean."

RGD is also hitting runs on the commercial front, with its exclusive waterfront corporate centre, The Edge, recently securing the Coast's first ever Green Star rating from the Green Building Council of Australia. …

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