Sunshine Coast Mayor Mark Jamieson will join builder RCQ Construction to turn the first sod at the site 9am today.
Already 77 per cent of homes in the development had been sold, Reed Property Group Sales Executive Cathie Price said.
“Investors and owner-occupiers – including those wanting to downsize, and mature first home owners wanting to get a head start – are relishing the opportunity to purchase quality stock so close to the CBD, Sunshine Plaza, the Ocean Street dining precinct, Maroochy River and Maroochydore’s pristine, patrolled beaches,” she said.
“It’s rare to find brand new, spacious town-houses in the heart of Maroochydore, and the response we’ve received from buyers certainly indicates demand is strong.”
“We expect the remaining two-bedroom town-houses will be snapped up quickly as construction progresses, especially now that the $20,000 First Home Owner’s Grant has been extended to 30 June 2018.”
“Locale’s central location in Allora Drive ensures it’s well connected to schools, public transport, the Sunshine Motorway and Maroochydore’s popular business and entertainment precinct.”
“The project is ideally positioned to reap the benefits of the Sunshine Coast’s major infrastructure boom that is set to drive the local economy for the next 20 years.”
The town homes will be built with two and three bedroom designs.
The two-bedroom homes include a second living area, a study, downstairs guest bathroom, landscaped gardens, pet-friendly courtyards, covered outdoor entertaining area and secure garage.
Prices start at $392,500 with body corporate fees from $2,500 per annum.
RCQ Construction general manager Gavin Wuiske said he was thrilled to start the earthworks and bring the project out of the ground “thanks to months of careful planning and a strong sales response from the market”.
He said it could take about a year for the homes to be built, with the project to be finished by the end of 2018.
“Having built numerous residential developments on the Sunshine Coast and beyond in our three decades of operation, we’re confident of delivering high quality homes in a great location, especially as the Maroochydore CBD is coming to life,” he said.
Mayor Mark Jamieson welcomed the commencement of construction at Locale and said it was encouraging to see Reed Property Group offering affordable housing options within close proximity to the new CBD.
“The Sunshine Coast is in the midst of an economic boom and with Maroochydore set to become the business and employment hub of the region, there is undoubtedly demand for more affordable housing nearby,” Cr Jamieson said.
“Installation of the underground infrastructure at the CBD site is now 95 per cent complete so 2018 will certainly see increased activity onsite. As the number of employees in the CBD continues to escalate, access to affordable housing in the area will be essential and projects like Locale will go some way to meet this demand, helping us build a sustainable and thriving business centre.”
“Locale residents aren’t the only ones to benefit from the development, with RCQ Construction confirming that more than 90 tradespeople are expected to be employed throughout the construction period, injecting an estimated $25 million into the local economy.”
Originally Published: www.sunshinecoastdaily.com.au
Palmview’s largest masterplanned community releases land and park ahead of schedule
A SUNSHINE COAST developer has fast-tracked the latest land release to meet demand from locals and interstate sea-changers.
AVID Property Group general manager Queensland Bruce Harper said their development Harmony was the largest masterplanned community in Palmview, which is about 85km north of Brisbane.
He said they released the latest neighbourhood Unity, which brought 34 more blocks of land, ranging in size from 250sq m to 505sq m, to meet the demand.
“Residential property demand is surging in the region and as prices continue to rise, buyers are increasingly looking for affordable land options in desirable locations,” Mr Harper said.
“Over the past year, demand in the region has grown exponentially as more people look to build their own homes in well-known property ‘hot spots’.”
Along with the early land release, AVID Property Group opened the community space Grand Linear Park three months ahead of schedule.
Mr Harper said the park was five times the size of other standard parks on the Sunshine Coast.
“The Grand Linear Park will serve as a catalyst for wellbeing and connectivity for residents and tourists alike,” he said.
The first $3.1 million phase consists of 2ha of community space and features three separate play areas for locals to explore.
A set of six swings, two table tennis tables and a 30.2m multi-play structure with a slide, spider’s web, swinging ropes and stepping stones was available for children of all ages and abilities.
According to Queensland Government’s Queensland Regional Profiles — Sunshine Coast Local Government Area, April 2017, Sunshine Coast’s population is projected to grow from about 311,550 to 453,000 by 2036.
Once complete, Mr Harper said Harmony would account for more than 4800 homes for about 12,000 of those future residents.
“Our new neighbourhood will encourage residents to stay active right on their doorstep with extensive walking and bike trails, a 5ha recreation park and a 1ha local park,” he said.
Sunshine Coast local Alyssa Jackson and her partner James Newcombe who recently moved up from Canberra, have just purchased a block of land in Harmony and hope to move into their new home in early 2019.
“It’s pretty competitive to purchase a block of land at Harmony; there were other buyers lining up for almost two hours before the Sales Centre even opened,” Ms Jackson said.
“Harmony’s location was what really encouraged us to purchase in the area — the proximity to the highway, University of the Sunshine Coast, hospital and the shops in the Maroochydore CBD make it a very convenient location to live.”
Ms Jackson said they wanted to enter the property market as soon as possible and decided to build a brand-new home so they could take advantage of the First Home Owners’ Grant.
“We wanted to get into the property market so that we could pay off a mortgage rather than continue to pay money renting,” she said.
Sunshine Coast Golf Course with Approval for 260 Lots Hits the Block
The 160-hectare Pelican Waters Golf Course site, which was acquired in 2004 by a Melbourne family that wishes to remain anonymous, has hit the market after receiving development approval for a new residential precinct in the area.
Approved by the Sunshine Coast Council in 2017, the “Lakes Edge” residential precinct is earmarked for 211 residential lots and three medium-density sites subdivided to create up to 259 lots over 20-hectares.
Designed to be delivered over four stages, with stage one approvals in place for 60 lots the development was subject to some controversy by local residents opposing the development.
The residential development was put forward by the owners of the site as a solution to lacklustre turnover at the golf course.
CBRE’s Brendan Robins and Rem Rafter are marketing the asset.
Robins said the property represented an outstanding opportunity to capitalise on the strong demand for quality land and housing in a sought-after area of the Sunshine Coast.
“Lakes Edge offers a diverse range of staged development options, including a large-scale retirement community, which take advantage of the area’s tranquil, picturesque and secure setting.”
Despite being named the top course on the Sunshine Coast by Golf Digest Magazine, documents submitted to council outlined concerns with the club’s profitability.
“Independent forecasts conclude that Pelican Waters Golf Club will not generate an acceptable level of commercial return for at least seven to 10 years,” the proposal said.
Located five minutes to Caloundra and 90 kilometres from Brisbane, population growth in the Pelican Waters area grew 24.5 per cent over the five years to 2016.
The property is being offered for sale via expressions of interest closing 8 August 2018.
Sunshine Coast Airport Expansion Program Kicks Off
The first sod has today been turned on the construction of the new runway as part of the Sunshine Coast Airport Expansion Project, the Sunshine Coast Council informs.
Sunshine Coast Mayor, Mark Jamieson, was joined by Federal Member for Fairfax, Ted O’Brien MP, State Member for Maroochydore, Fiona Simpson MP, and representatives of the John Holland Group and Sunshine Coast Airport Pty Ltd to mark the commencement of the construction program.
With work started, the new runway will be completed by Christmas 2020, the council said.
Sunshine Coast Mayor Mark Jamieson (left), Federal Member for Fairfax Ted O’Brien (center) and John Holland Project Manager Berry Freshney
Mayor Jamieson said that the $303 million airport expansion was the Sunshine Coast Council’s single largest construction project and would deliver a wealth of benefits to the region.
“Having this greater capability will unlock more tourism opportunities, new international trade prospects and will provide the springboard our export businesses need to get their products and services to markets faster and more efficiently,” Mayor Jamieson said.
“The new longer, wider runway will enable direct access to new markets in Asia, the Pacific and other locations in Australia which cannot currently be serviced with direct flights to and from the Sunshine Coast.
“The Airport Expansion Project is also forecast to contribute $4.1 billion to the Sunshine Coast economy through to 2040 and revolutionize access to and from one of Australia’s fastest growing regions.”
From mid-year, a vessel from contractors Dredging International will dredge one million cubic meters of sand from the Spitfire Realignment Channel in Moreton Bay.
After making its way north, the sand will then be pumped from the vessel moored off Marcoola, onto the project site via a pipeline that will run underneath David Low Way.
Ahead of the start of dredging, the project team’s focus has been on protecting the land and sea environment, and ensuring community safety during the dredging works.
According to the council’s announcement, the project team will be speaking directly with local residents and stakeholders in the coming weeks to keep them informed of the timeline.
The Sunshine Coast Airport Expansion Project is being supported by loans from the Australian Government and the Queensland Treasury Corporation, which will be repaid from the proceeds that Council receives from its commercial partner, Palisade Investment Partners, in 2022.
Image source: sunshinecoast.qld.gov.au
- Market Place2 years ago
REVEALED: The truth behind Old Woman Island
- Infrastructure10 months ago
Fast Rail from Brisbane to Sunshine Coast Could Become a Reality
- Market Place10 months ago
Queensland’s property flipping hotspots rise as profits roll in
- Developments11 months ago
Sunshine Coast’s Newest Town Centre Approved for Development
- Developments2 years ago
Aura To Build Retirement Development In Maroochydore
- Opinion10 months ago
A COLOSSAL RISK: Huge danger sign for housing in Australia
- Market Place10 months ago
Seaside suburbs the star performers of southeast Queensland property market
- Market Place9 months ago
Record-breaking $22 million trophy home sells on the Sunshine Coast