Work Under Way on $250m Central Coast Luxury Estate

Alceon has broken ground on its luxury residential masterplanned estate on the highest point at Gosford overlooking Brisbane Water.

The developer has partnered with Deicorp, who will handle the construction, with Marchese Partners designing the plans.

The 2.2ha Central Coast, NSW site will have 188 units with a mix of townhouses and apartments across four buildings at 89 John Whiteway Drive. 

Rumbalara Residences attracted more than 1300 enquiries in its first few weeks of sales with around 90 per cent of interested buyers owner-occupiers.

The demand and interest prompted Alceon to bring forward the first stage, which will include construction of apartments as well as the clubhouse and the pool.

Rumbalara Residences takes its name from the nearby Rumbalara Reserve.

Alceon development director Todd Campling said most buyers were from Sydney.

“Interest came mainly from home owners on the North Shore, Northern Beaches, Hills Shire, Inner West and Sutherland Shire looking to downsize,” Campling said. 

▲ Rumbalara Residences’ penthouses will boast views of Brisbane Water.

The plans include four buildings, one with 27 apartments, one with 47 apartments, one with 52 apartments and one with 62 apartments. 

The penthouses, labelled ‘treehouses’ by the developer, will have three car spaces each, the one and two-bedroom apartments will have one space and three-bedroom apartments two.

There will be 4000sq m of resort-style grounds with a 1000sq m clubhouse. The amenities include an onsite concierge, dining room, wine cellar, private cinema, gym, day spa, tasting room, work from hot desk space, virtual golf simulator, bocce fields,  billiards room, pool and forest lounge. 

Parking areas will be incorporated into the plans for the estate’s grounds with secret gardens, walkways, trails and lounges, pool decks and other areas built around them.

Deicorp is the first builder to get the iCART rating under the new system in NSW.

“The project is being built by and partnered with leading construction expert Deicorp, the first builder in NSW to achieve the coveted iCART rating for trustworthiness under the NSW Building Commission’s reforms,” Campling said.

Completion of the first stage is expected in 2024.