Connect with us

Developments

FOR SALE: 86 new Coast waterfront apartments up for grabs

Published

on

FOR SALE: 86 new Coast waterfront apartments up for grabs

With record sales achieved at North Shore, Salt, Waterline and Aquarius at Oceanside Kawana, highlighting the strength of the Sunshine Coast market and increasing attention from national and international investors, RGD Group is set to launch Southbank.

Two hundred and forty waterfront apartments adjacent to the new Sunshine Coast University Hospital, across four sites, have been sold by the RGD Group over the past 24 months.

Artist's impression of the new Southbank development at Birtinya.
Artist’s impression of the new Southbank development at Birtinya.Contributed

Their projects, with a combined value of $120 million, sold out prior to completion.

RGD Group managing director Ron Grabbe recognised the positive impact of the $2 billion 450-bed Sunshine University Hospital and the 200-bed Sunshine Coast University Private Hospital.

“On launching North Shore Oceanside Kawana in September 2015, we had great demand from astute investors and owner occupiers from around Australia and overseas who saw the growth potential and convenience of owning waterfront property adjacent to these world-class medical facilities,” Mr Grabbe said.

“Much-needed accommodation for thousands of hospital staff and visiting families is now a reality and our apartments are proving to be one of the healthiest investments available in Australia right now.”

Artist's impression of the new Southbank development at Birtinya.
Artist’s impression of the new Southbank development at Birtinya.Contributed

Southbank at Oceanside, adjacent to the Sunshine Coast University Hospitals, new town centre and Southbank Park, features one, two and three-bedroom apartments and sky homes.

The development represents RGD Group’s largest project in the Oceanside Health Hub to date and will be launched on March 6.

Mr Grabbe said all Southbank apartments faced the water and delivered a tranquil and relaxing home for those working in or visiting the hospitals, and owner occupiers who find comfort in living close to the world-class medical facilities.

“Southbank at Oceanside on the corner of Lake Kawana Boulevard and Mantra Esplanade, Birtinya will provide the opportunity for medical professionals and savvy investors who may have missed out on our previous projects to secure a waterfront apartment to cater for the thousands of hospital shift workers needing accommodation close to their work,” Mr Grabbe said.

Sales and marketing manager Gail Hunter said vacancy rates on the Sunshine Coast were tightening and the region was experiencing one of the fastest population growth rates in Australia.

“With significant infrastructure projects just completed or under way, Southbank at Oceanside is ideally positioned to realise great returns and lifestyle benefits for both investors and owner occupiers.

Artist's impression of the new Southbank development at Birtinya.
Artist’s impression of the new Southbank development at Birtinya.Contributed

“A large percentage of the tenants in our projects work in the hospitals.”

RGD Group design, sell, build and manage their projects, enabling investors and owner occupiers to purchase directly from the developer.

Originally Published: www.sunshinecoastdaily.com.au

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Developments

Palmview’s largest masterplanned community releases land and park ahead of schedule

Published

on

Palmview’s largest masterplanned community releases land and park ahead of schedule

An artist’s impression of Harmony’s grand linear park.Source:Supplied

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.

Palmview’s largest masterplanned community releases land and park ahead of schedule

Once complete, Harmony, is expected to house about 4500 new residents.Source:Supplied

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.

Palmview’s largest masterplanned community releases land and park ahead of schedule

Bruce Harper, Cr Tim Dwyer, Laura Scherian, Cameron Holt and Cr Rick Baberowski open Grand Linear Park in Palmview.Source:Supplied

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.

Harmony’s new facilities includes 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.Source:Supplied

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.

Palmview’s largest masterplanned community releases land and park ahead of schedule

An artist’s impression of Harmony’s pocket park.Source:Supplied

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.

Source: www.news.com.au

Continue Reading

Developments

Sunshine Coast Golf Course with Approval for 260 Lots Hits the Block

Published

on

Sunshine Coast Golf Course with Approval for 260 Lots Hits the Block
A Greg Norman-designed golf course and permit-approved development site on the Sunshine Coast has hit the market with expectations around the $20 million-mark.

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.

Sunshine Coast Golf Course with Approval for 260 Lots Hits the Block

The approved land use plan for 259 residential lots.

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.

Source: theurbandeveloper.com

Continue Reading

Developments

Sunshine Coast Airport Expansion Program Kicks Off

Published

on

Sunshine Coast Airport Expansion Program Kicks Off

Sunshine Coast Mayor, Mark Jamieson

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 MPState 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 Airport Expansion Program Kicks Off
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.

Sunshine Coast Airport Expansion Program Kicks Off
Image source: sunshinecoast.qld.gov.au

Source: www.dredgingtoday.com

Continue Reading

Make Your Super Work

smsf property investment smsf borrowing

Positive Cashflow Property

duplex designs, dual occupancy homes

Property Investment Advice

investment property calculator successin property

Trending