LFG Fractional Ownership News Blog

A new Australian fractional project has exceeded $106 million (AUS) in pre-sales in just four months. Firstlight Noosa is located in Noosa on the east coast of Australia, north of Brisbane in Queensland. It is the first beachfront development in Noosa in over a decade. Local papers describe a “frenzy” of interest in the project, despite the fact that the fractional ownership concept is still quite new in Australia.

Due for completion in 2012, Firstlight Noosa will occupy 100 metres of prime beachfront and feature 20 private residences with around-the-clock boutique hotel amenities and services. Three-bedroom residences are currently priced at $1.8 million (AUS), 4-bedrooms at $2.3 million (AUS), and whole ownership units are priced at $12 million (AUS). For more information, visit FirstlightNoosa.com.

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