Quick Snips October 2011<< Back to Blog
Gee this could be easy to get used to. Who would have thought something as simple as sunny weather over the school holidays would get people back out having holidays at the beach and enjoying themselves again. Obviously these people have no idea about flood aftermaths, Greek debt crises, two speed economies, high Aussie dollars or the random but vocal collection of geniuses that see nothing but doom ahead otherwise they would have stayed locked away in their homes in fear of what was coming at them from around the next corner to disrupt their daily lives. You definitely get the feeling that people are sick and tired of getting beaten up each day by the media and just want to get back to the time where it is ok to relax and enjoy even just the simple things in life again. I went to a banking conference during the month where the punch line to the CEO’s presentation was that things in general are nowhere near as bad as the general population seems to be reacting.
We all need to lighten up a little and be thankful for how lucky we are to be here. On that note it has been great to see the beaches packed and perfect throughout the school holidays and it is very noticeable that people are starting to get back into the shops and restaurants again. I even had someone complain about how crowded the Eumundi markets were last week which is a great sign that maybe our normal laid back Sunny Coast way of life isn’t too far away from returning. Well they finally did it. Horton Park golf club has at last agreed to take the councils $42 million and will look to have a new course operational by 2014. The 120 hectare site for the new course has been secured and everyone seems happy to move on.
The new site will be to the west of the Sunshine motorway between the David Low way heading in to Bli Bli and the new Mudjimba / airport motorway exit. They have both been a long time coming but the new North Shore Community Centre at Mudjimba and the new Coles Shopping Centre in Birtwill St Coolum both had their official openings and are now up and running. The new Coolum Esplanade shops being built across from the caravan park are well underway and are definitely looking like being well and truly ready for Christmas trading. According to the local paper the new tenants will include Red Rooster, 7 Eleven, Baskin & Robin, Stella Rossa Espresso Bar and a yet to be announced restaurant and pizza bar. There are still two final shops yet to be filled.
I mentioned last month that we have kicked off the Spring selling season with our first multi property auction event to be held “in rooms” at Surfair from 6pm on Thursday October 13.
We have put together a wide range of 12 properties with sellers all keen to sell in the current market. We all know that it is definitely a great buyers market right now and so far the marketing campaign has been attracting some solid interest with inspection levels & offers well above that experienced in recent months. We have included a brochure with your statements this month which shows all of the properties in the campaign. We expect this campaign will be the first of a series of auction events that we intend to run with throughout the summer as the auctions seem to be our best method for achieving sales and getting them done in a reasonable time frame. If you are thinking of buying, selling or just want to see how the multi auction works or what the market is like at the moment please get in touch with any of our sales team. We would love to see as many people as possible come along on the night. For those that do make it along we will be having two lucky door prizes. The first will be a chance to drive a Mercedes Benz for the weekend thanks to Gary Crick Prestige and the second prize will be a 42” Flat Screen television. I hope we see you there. In a major oversight by me, I seem to have failed to mention that Big Clive Palmer is now the new owner of the Hyatt resort and golf course.
Clive already owns a couple of homes in the Hyatt but this purchase will enable the resort to hopefully be renovated to the standard that it deserves. Lend Lease have owned the property for 10 years now and being developers they have spent their money on development and not the resort and it’s accommodation. This has been a major issue with the Hyatt group but hopefully this change of hands will give them some security that they will again have a superior product to offer in the not too distant future. Since announcing the purchase Clive has come out swinging by pushing for the airport expansion to allow for Chinese tourism and to also get ready to meet the demands of the fly in fly out workforce needed for his mines. The Beachside precinct at the Hyatt that is being redeveloped has been sold by Lend Lease to Japanese company Seksui House. The development side of things will still be managed by Lend Lease though. Seksui are introducing a new Japanese style prefabricated home that they are about to commence building in the next stage of the development. The first structures are starting to appear on site now and could possibly be ready for Christmas so it will be interesting to see what the reaction is over summer. That’s it for this month. Don’t forget to get ready for the PGA in November. It’s going to be big.