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Iconic building renovated as deferred maintenance costs surge for strata owners

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One of Noosa’s most recognisable beachfront addresses has had a top-to-bottom revitalisation.

The full structural and aesthetic renewal of the 24-apartment complex, Number One in Hastings Street, was undertaken on behalf of the property’s body corporate and executed by McNab Building Services (MBS).

The coordinated scope of works at the property included full exterior repainting, waterproofing, concrete repairs, corrosion control and custom-fabricated metalwork to improve longevity and functionality while respecting the complex’s beachfront setting.

A major component of the project was the replacement of the building’s main lift and the refurbishment of its inclinator system — a key feature of the property. Several components of the inclinator were custom designed and manufactured to ensure seamless integration with the existing infrastructure.

Externally, MBS also undertook significant landscaping upgrades including new retaining walls, planting schemes, irrigation systems and lighting.

An aerial view of Number One in Hastings Street, Noosa Heads.

Project superintendent Martin Galbraith from Galbraith Scott Pty Ltd said the body corporate’s decision to do the works was timely.

“Acting early isn’t just good practice — it protects owners from far more disruptive and costly repairs down the track, Mr Galbraith said.

“Body corporates and owners often delay these decisions due to the inconvenience and expense, but it doesn’t get easier. The costs and impacts simply accumulate and amplify the longer you wait.

“The work completed by MBS at Number One in Hastings Street has given owners confidence that the property will remain functional, attractive and financially sustainable for many years to come.”

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According to the Australasian Strata Insights 2024 report, around half of all strata schemes nationally were registered before 2000, meaning a large portion of building stock is now more than 25 years old.

“Number One in Hastings Street in Noosa Heads highlights the growing need for proactive investment in older body corporate buildings — particularly those within a few kilometres of the coastline, where structures face the harshest conditions,” MBS head Dan Moore said.

“Across Australia we’re now seeing the impact of long-term under-investment in maintenance of coastal and strata buildings.

“When preventative work is delayed, the coastal environment quickly compounds issues like corrosion and water ingress, often resulting in upgrade costs up to four times higher than the maintenance program.

“All eyes will be on Queensland in the lead up to and during the Brisbane 2032 Games and expectations will be high that these buildings are looking their best. This, along with the increased pressure on the construction industry to deliver the infrastructure needed for the Games, means body corporates and owners of tourism assets should be investing now.

“When buildings reach the 20- to 30-year mark, deterioration accelerates. Projects like Number One in Hastings Street show what’s possible when a body corporate takes a long-term, proactive approach to protecting its asset.”

Mr Moore said MBS was seeing strong demand for structural remediation and rejuvenation works from both residential and tourism properties across south-east Queensland and Northern NSW.

“Property owners and body corporates are under increasing pressure to maintain assets to a high standard, particularly as population growth lifts expectations and as we move towards the 2032 Brisbane Olympic and Paralympic Games,” Mr Moore said.

Number One in Hastings Street is one of Noosa’s most recognisable buildings.

“Buildings in premium locations need to evolve if they’re going to remain competitive. Our role is to deliver these complex upgrades efficiently, safely and with minimal disruption.”

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