A stylish oceanfront penthouse apartment in Kyko Group’s $150 million Mon Komo development at Redcliffe has been purchased by a retired couple from Noosa who visited the seaside suburb on an impulse and decided to stay forever.
The Mon Komo development had the perfect home for Ron and Barbara Waterman, who inspected the brand new luxury penthouse on a whim and were captivated by the sweeping uninterrupted ocean views offered by the premium residential tower.
“We were travelling down the coast and thought we might stop over in Redcliffe,” Mrs Waterman said.
“We discovered Mon Komo while we were walking along the esplanade and decided to inspect the development,” she said.
“We were so impressed with the development’s magical ocean views and its closeness to amenities that we decided to put our Noosa home, which we loved, on the market to downsize earlier than we planned.
“The ocean view out to Moreton Island captivated us as soon as we entered the penthouse and we were immediately drawn outside to the expansive balcony, where we now spend a lot of time enjoying a coffee, having breakfast or just taking in the view.
“We love living on the water and while our Noosa house was on the canal, we are enjoying oceanfront living at Mon Komo more because the view from all different aspects of our penthouse is vast and constantly changing, there is always something inspiring to look at.
“There is always action on the water with ships, fishing boats and yachts out to sea along with paddle-boarders and swimmers closer to the beach.
“Then there is the picturesque beachside swimming lagoon between the esplanade and the beach opposite Mon Komo, which is a popular recreation area for families – our grandchildren love it.
“Mon Komo is situated along the streetscaped esplanade, with cafes and boutiques creating a lively scene as well as a new shopping centre nearby giving us a very convenient lifestyle which we enjoy.”
Downsizing from their five-bedroom home in Noosa, the Watermans are now enjoying their three-bedroom, two-bathroom penthouse in Mon Komo.
“The large open plan living and dining area, complete with entertainer’s kitchen, seamlessly integrates with the generous balcony, with floor to ceiling glass allowing sweeping ocean views to be enjoyed both inside and out,” Mrs Waterman said.
“Our penthouse is spacious throughout, with generously sized bedrooms and an abundance of storage space,” she said.
“We also enjoy the convenience of three car spaces and storage in the basement.
“We feel privileged to have found this exceptional penthouse right on the ocean and we haven’t looked back since leaving Noosa – it feels like it was destined to be, considering we weren’t even looking to move when we discovered Mon Komo.
“We seem to be more social and active here, old and new friends visit as we are so conveniently located for them and we enjoy being able to walk to the nearby restaurants.
“We love to travel and apartment living at Mon Komo makes flying so convenient as the airport is only a 25 minute drive away and we have the peace of mind knowing our property is secure while we are away.
“Mon Komo offers us our ideal lifestyle, we are so happy here and we intend to stay forever.”
The director of Mon Komo development company Kyko Group, Bill Jenkings, said Australians love the water and beachfront living is the ultimate dream for many people like Ron and Barbara Waterman.
“Oceanfront property is a great investment due to its desirability and limited availability, meaning demand usually exceeds supply and as a result capital growth is generally greater than other property types,” Mr Jenkings said.
“The likelihood of this is greatly increased with premium oceanfront penthouse apartments because they are exclusive properties with limited supply,” he said.
“When it comes to real estate it really is all about location and Mon Komo is ideally situated to take advantage of uninterrupted ocean views that can’t be built out and easy access to many lifestyle, leisure and recreation opportunities.
“The Brisbane CBD and airport are also within increasingly easy reach for Mon Komo residents.”
Mon Komo marketing manager and TOTAL Property Group managing director Adrian Parsons said Ron and Barbara Waterman’s apartment purchase represents great value for money because of the limited availability of luxury oceanfront penthouses in Redcliffe, and cannot be compared to anything else on the market
“Apartments in Mon Komo’s residential tower are priced from $345,000 for a one bedroom design, with a selection of layouts available up to three bedrooms plus study configurations,” Mr Parsons said.
“Investment apartments in Oaks Mon Komo short-stay apartment tower are priced from $305,000 with an attractive return of 6 per cent plus room for capital growth,” he said.
“Oaks Mon Komo apartments offer an immediate investment return starting at $345 per week, enviable occupancy rates consistently above 85 per cent, and the additional security of a performance undertaking agreement guaranteeing a return of permanent tenancy rates for the first two years.”