8 Work starts on Rumbalara project for aspirational buyers ALCEON HAS BROKEN ground on its luxury residential masterplanned estate on the highest point at Gosford overlooking Brisbane Water. The developer has partnered with Sydney builder, Deicorp 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. Alceon development director Todd Campling said, “we are aiming at the aspirational buyer market. Gosford has the potential to attract this demographic and we are finding that is where our enquiry is coming from. Rumbalara will be a 6-star resort.” Although he did say that they had been surprised by the number of local buyers looking to downsize. “We have also had enquiry from the Gold Coast where one buyer wanted to return to the Central Coast and could moor his boat at the Gosford Sailing Club Marina.” Rumbalara Residences attracted more than 1300 enquiries in its first few weeks of sales when their Display Suite in the Bon Building in Gosford was opened, The interest prompted Alceon to bring forward the second 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 which surrounds half the site. “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 Apartments will comprise 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. Prices are in the $780,000 - $1.5 million range for 2-bedroom apartments, $1.4 - $2.5 million for 3-bedroom and penthouses from $2.7 - $4.0 million. 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 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. 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 B U S I N E S S N E W S Opposition Leader guest speaker at Gosford Erina Business Chamber meeting State Opposition Leader, Chris Minns MP and Member for Gosford Liesl Tesch MP attended a special members meeting of the Gosford Erina Business Chamber on 7th September at Drifters Wharf and met with Chamber members. Chamber President Peter Lawley in weloming Mr Minns highlighted the many issues affecting Gosford including development of the Gosford Waterfront. Mr Minns said that in government he and the four local Labor Members would have a strong focus on the issues confronting the Central Coast and in particular Gosford. NSW Opposition Leader Chris Minns MP addresses member of Gosford Erina Business Chamber Architect’s image showing the first of four low rise Rumbalara Residences buildings now under construction Immaculate landscaped gardens with pool deck, natural rock pools, putting green and Bocce fields are the central feature of Rumbalara Apartments CENTRAL COAST BUSINESS REVIEW OCTOBER 2022
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