Ravello to lead luxury residential market
Construction of Ravello Residences by Erina builder Stevens Construction for Bonython Property & Investments the development arm of The John Singleton Group is now well underway with completion set down for 2021.
Ravello, a boutique collection of 45 luxury residences at 65 Masons Parade on the Gosford Waterfront designed by East Gosford architects White + Dickson is described as presenting high-end hotel living of extraordinary scale and comfort where every element is simple, beautiful, yet highly crafted.
In launching the campaign John Singleton said, "We wanted to develop something never before seen on the Central Coast residences of absolute beauty."
Ravello has definitely set a new benchmark in the area with regard to the level and quality of finishes being offered, this has not been seen before on the Central Coast.
2-bedroom apartments are selling from $830,000 and 3-bedroom from $1,180,000.
Three Penthouses have sold at prices above $2.5 million.
Buyers have been mostly local downsizers with many coming from coastal / waterfront areas of Terrigal, Wamberal, Green Point and Point Frederick indicating that they are vey much a lifestyle buyer looking to continue that way of life.