Local buyers make a splash at Coolum's $52m Drift

MOSAIC Property Group’s latest foray into the Sunshine Coast market is awash in sales with well over half of the luxury apartments already sold out at Drift by Mosaic, on spectacular Coolum Beach.Poised to rise on a rare north-facing oceanfront site in the picturesque surf haven, Drift has achieved 34 sales already.Seventeen of those occurred in the first two weeks of release of the development’s 56 apartments and included three sub-penthouses and one of the four penthouses. The vast majority of the buyers are local to the immediate area of other parts of the Sunshine Coast.Brisbane buyers have also been quick to buy into the unique beachfront lifestyle on offer, with nine sales from the Queensland capital.Drift’s impressive market reception emulates the success of Mosaic’s first two Sunshine Coast apartment projects, Solis and Cyan at Kings Beach in Caloundra, where a total of 64 apartments sold out within a few months of the projects being released to the market. Both are currently well into construction.Mosaic Property Group managing director Brook Monahan said the response to Drift had been amazing, particularly from locals.Mr Monahan said Mosaic’s plans for the site have created a buzz in Coolum which had spurred the early sales to locals.“They’re well aware of what a special place Coolum is and they’ve been waiting patiently for a development of this calibre for a long time.“We are thrilled that Drift is meeting the expectations of local buyers.”Drift will comprise a mix of one, two and three-bedroom apartments, three sub-penthouses and four penthouses across four levels at 1722 Coolum Esplanade.Boasting understated and elegantly modern design, Drift epitomises the ultimate in beachfront living while paying homage to Coolum’s relaxed and low-key charm.Thoughtful planning ensures all apartments are positioned to take advantage of the unique beachfront location with its sweeping panoramic views of the Pacific Ocean and across Coolum Beach.The apartments blend cutting-edge contemporary design and environmental considerations to deliver high ceilings and large windows that allow in natural light and ventilation while enhancing the feeling of space.Each residence boasts a gourmet kitchen with stone counter tops, island bench and designer appliances including induction cooktop with undermount rangehood, wall oven, built-in microwave and fully integrated dishwasher.Luxury features found in every apartment include ceramic tiles to wet areas, spacious designer bathrooms with full height wall tiles, generously-sized rooms, mirrored wardrobes, air conditioning, audio security system and basement parking.The four penthouses feature stunning oak timber floors throughout, custom joinery, ducted air conditioning, expansive private balconies, freestanding designer bath to the ensuite and walk-in robes with shelving and drawers.Penthouse kitchens are finished in designer satin 2pac, come equipped with SMEG or Miele appliances including a fully integrated French door fridge/freezer, and feature natural stone to the benchtops, island bench and splashback.Drift achieves a six-leaf EnviroDevelopment certification by incorporating features such as WELS-rated water efficient fixtures, low voltage energy efficient LED lighting, rainwater harvesting and native landscaping.Residents will have the use of a large private garden and recreational oasis complete with a luxury resort pool and barbeque facilities, along with a versatile luxury VIP room, creating the perfect venue for entertaining or relaxation.Drift’s residences have total floor areas ranging from 91sqm to 355sqm.The sole one-bedroom apartment (with multi-purpose room) is priced at $470,000, the two-bedroom apartments start at $545,000, three-bedroom residences from $760,000, while prices of the remaining penthouses are available on application.Construction of Drift is scheduled to start in February 2018 with completion anticipated by May 2019.