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Sunshine Coast Development Awarded "Six-Leaf" Environmental Certification

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The $23 million Solis development is the first multi-unit residential development on the Sunshine Coast to secure a six-leaf EnviroDevelopment certification.

EnviroDevelopment is a scientifically-based assessment scheme that independently reviews development projects and awards certification to those that achieve outstanding performance across four or more of the provided elements - Ecosystems, Waste, Energy, Materials, Water and Community.

According to the developer, Solis has already sold half of its apartments in the two months from its launch.

Solis comprises 33 one, two and three-bedroom luxury apartments over eight levels, with three sub-penthouses and two penthouse apartments.

Mosaic Property Group’s Managing Director Brook Monahan said the development was capitalising on the pent-up demand for luxury beachside apartments in Caloundra, particularly from owner-occupiers.

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“Several of the purchasers at Solis were buyers who missed out on Cyan, our nearby boutique apartment project launched in December last year,” Monahan said.

“We’ve noticed increased owner-occupier activity in Solis with people keen to secure luxury, low-maintenance apartment living on the Sunshine Coast,” he said.

“It is an active market with a shortage of boutique luxury apartments that appeal to both owner-occupiers and investors.”

The two penthouses at Solis have sold along with one sub penthouse, leaving only two sub-penthouses remaining; both of which offer more than 200 square metres of living space.

Sub-penthouses range from $950,000 to $1,050,000.

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Article originally posted at: https://theurbandeveloper.com/articles/sunshine-coast-development-feeds-demand-environmentally-conscious-luxury