Quick Snips September 2015<< Back to Blog
Just another really nice month here during August. Beautiful sunny days and crisp nights, magnificent sunsets and sunrises, whales frolicking just off the beaches and a couple of earthquakes. Yes that’s right the earth really did move on the Sunshine Coast with two magnitude 5 earthquakes centred just off Fraser Island. I am pretty sure that I haven’t experienced an earthquake before and now after living through two in the space of a couple of weeks I am still not sure what one feels like. Apparently this is a one in 1200 year event so it is not anything to be too concerned about and we are also not aware of any property damage from our earthquakes either. Not quite like the ones that I have seen on the news or the movies but I am sure that is a good thing.
Our 20 year anniversary celebrations continue with the first of our major prize draws conducted at the conclusion of our last in rooms auctions in August. Very happy property sellers from Coolum collected their $10,000 cheque and we also gave away the first of our one year’s free property management. The celebrations continue through the year with the second draws of $10,000 and one years free property management to be drawn in January. The prizes are available for just doing business with North Shore Realty but please let us know if you want to know more about what is happening.
Construction at Coolum Fairways is now well and truly underway. The first stage of nine, three bedroom townhouses have the roofs going on right now. These look particularly well placed in this market which is starting to show signs of stock shortages.
The land at the rear of the ELEMENT apartments in Coolum has now sold. It looks like the new owners may be setting a very different course for this land in central Coolum that will possibly be very different to the ELEMENT apartments concept. Can’t say much more than that at this stage but if you want to get a headstart on this I would suggest talking to any of our Coolum office agents asap.
We can’t be far off now from the opening of the new Dan Murphy’s and the completion of the rest of the Coolum Beach Hotel site. I feel like I have been calling this for quite a while now (because I have) but expect to see the doors open this school holidays.
It looks like the Twin Waters Resort precinct will finally go ahead with its next stage expansion of 124 units after council granted approval this month. This application has been considered, rejected and reconsidered since the middle of the last decade when it was sold by Lend Lease to the current owner Abacus Property Group. This latest application allows two x four storey buildings with a maximum height of 13 meters and five x three storey buildings up to 10.5 meters high. Whilst still outside the maximum height allowed for in the previous town plan the application reduced the height, bulk and scale of the development compared to previous applications. There are already existing homes built to a 12 meter approval within this precinct so the extra one metre in height was considered acceptable in this circumstance. This approval was made under the provisions of the previous Maroochy 2000 Plan. It does not set any precedent under the new town plan.
The land on the David Low Way to the north of the Marcoola resorts is still being declared as under contract ( a new sign has been erected which is the only public information that we can locate so far). This has been under contract for a few months now and it seems unusual that so little is known about the possible purchaser and their intentions after this length of time. Maybe it’s just me being impatient.
It’s hard to believe but we are now at the first day of Spring already. This is traditionally the time of the year that our business cycle starts kicking in. I can’t see it being any different this year with most operators reporting firming business levels from here through to the end of the year.
To join in the positive mood and to encourage people to start spending their money locally the Coolum Business and Tourism Association has launched the fourth edition of the Coolum Little Book Of Vouchers. The booklet offers everything from discounted activities to free coffee and half priced meals.
The Marcoola Markets had a hugely successful first Friday night last week. Held in the local shop precinct in Lorraine Avenue near the surf club the local businesses plus another 15 stall holders put on a range of cuisines and in an amazing turnout over 2000 people came along to see what it was all about. This will now become a regular Friday night event from 4-8pm. Well worth checking it out if you are in the area.
Finally with the Spring School holidays coming up we will be running the second North Shore Surf Board swap and market from 9am on Sunday September 27th in the park next to Bendigo Bank. This was a lot of fun last year so let us know if you need to buy or sell a board.
Last call for the next In Rooms auction October 15th.