The countdown is on toward the opening of the first, internationally managed resort to be developed in the Hastings Street, Noosa Heads precinct in over 20 years, the Outrigger Little Hastings Street Resort & Spa. The resort, which forms the third and final stage of the $350 million Viridian Village residential and resort project on Noosa Hill, is being developed by Leighton Properties and the Macquarie Group of Companies.
Project Director, Bob Borger of Leighton Properties said that construction and contractual arrangements were on track for an expected July 2010 handover by the developers to hotel operator, Outrigger Hotels & Resorts. The resort is expected to open for business in August 2010.
Guests will be accommodated in luxurious self contained apartments, villas and penthouses with access to resort facilities including a lavishly appointed day spa, two pools, gymnasium, restaurant, poolside licensed bar and conference and meeting facilities for 350 delegates (or up to 500 across a variety of meeting spaces).
The development comprises of 198, one to four bedroom apartments, villas and penthouses. Prices start from $535,000 for one bedroom resort apartments and $1.4million for three bedroom villas. Settlement is not due until mid 2010 and many properties include rental guarantees for owners wishing to participate in Outrigger’s rental program.
Mr Borger said that investor interest in the project had been on the rise, particularly with the arrival of Noosa’s peak holiday season.
“Commitments of over $3million have been secured in recent weeks and the opening of our on-site unit and villa displays has allowed potential buyers to access the site and appreciate the qualities of the development.
“The combination of a Little Hastings Street address, the high level experience and reputation of the international resort operator and delayed settlement is an attractive proposition for many purchasers,” Bob said.
The resort’s architecture has been created by internationally renowned architect, John Mainwaring and features environmentally sustainable design principles. More than half of the 20 hectare total site has been gifted back by the developers to the local Sunshine Coast Regional Council for conservation.
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For more information, please contact:
Andrew Borger
Executive Director and State Manager, Queensland
Leighton Properties Pty Limited
T: (07) 3370 4700
E: andrew.borger@lppl.com.au
Outrigger Enterprises Group is one of the largest and fastest growing privately-held leisure lodging and hospitality companies in the Asia Pacific and Oceania regions and continues to expand its presence throughout the area. A family-owned company with more than 60 years of hospitality experience, Outrigger runs a highly-successful, multi-branded line of hotels, condominiums and vacation resort properties. For more information visit: http://www.outrigger.com
Disclaimer:
Viridian Noosa Pty Ltd is the entity developing and offering to sell Viridian Village Resort & Spa. Viridian Noosa Pty Ltd intends to enter into or has entered into agreements with Outrigger Global Holdings LLC, a Nevada U.S.A. limited liability company, and its related entities ("Outrigger") that will allow Viridian Noosa Pty Ltd to use the name "Outrigger" name and mark, which are owned by Outrigger, in Viridian Noosa Pty Ltd's sales and marketing materials for the Viridian Village Resort & Spa. Viridian Noosa Pty Ltd's use of the "Outrigger" name and mark does not make Outrigger the entity offering or promoting Viridian Village Resort & Spa or any other product offered by Viridian Noosa Pty Ltd, nor does it make Outrigger an affiliate of Viridian Noosa Pty Ltd. Outrigger has no responsibility for the accuracy of this press release or any other documents or materials given to you by Viridian Noosa Pty Ltd.
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