Quick Snips April 2014

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It’s hard to believe that Easter and the years first school holidays are almost upon us. The first three months of 2014 seemed to have raced by and with the weather continuing to play nice we should be in for another great month. We had our first real swell of the year during March and it also coincided with big tides which is usually our formula for the beaches to cop some heavy damage. Again, we seemed to have dodged another bullet and come up smelling roses as the beaches have managed to hold up very well. The weather is almost tropical still and the water temperature has still not dropped below 25 degrees. All the signs including very active accommodation bookings are pointing to a strong holiday period coming up .
Very sad to report that long term Marcoola residents Syd and Val Hillier both passed away in March. After moving here in the early 1970’s, both were instrumental in the establishment and development of the Marcoola Surf Club and their contributions to the local community will be remembered for a long time to come.
The restaurant and tavern at RAMADA Marcoola has been in the hands of the receivers since late last year. The property has now been put out to tender with offers closing April 8th.
It looks like it could be nearly the end of the road for the proposed home maker style complex with a Bunnings super store as the main tenancy which was being proposed for the land near the Coolum roundabout on the Sunshine Motorway. The Sunshine Coast council look set to reject the application after the land was rezoned rural under the new Sunshine Coast planning scheme which is now waiting on the State Government for final approval.
The 10 new shops and 12 units being built on the corner of David Low Way and Mudjimba Beach Road at Pacific Paradise are nearing completion. No word on who will be taking up the commercial tenancies at this stage.
Slowly but surely looks like the motto for the new Coolum Esplanade service station and car wash. Either that or the builder is on an hourly rate because nothing seems to happen quickly around this site.
In contrast, work is well underway at the Coolum hotel site. Both the corners of Birtwill St and Margaret Street have been fenced off and earthworks are being undertaken as we speak. I would think we should have our new Dan Murphys in town by Christmas.
The new beachside development at Seaside called Sand Castles is due to start settling on the land component in the next month. Construction will then commence on the 47 houses that have all been purchased off the plan.
It’s amazing the difference six months can make in a market. Up until July last year the land developers were struggling to find a buyer for a block of land. Move the clock forward to now and Peregian Springs is selling blocks of land off the plan that won’t be ready for 6 to 9 months and have been raising prices as each stage starts selling. Cutters Ridge at Bli Bli is seeing the same demand with it’s first three stages virtually sold out and the next stage won’t even be ready until December. We keep mentioning the land at the new development called Beach Haven and it is down to their last seven blocks. This is starting to bear a resemblance to a land shortage coming up and with virtually no blocks left along the beachside suburbs these remaining lots are looking very good. The developers have hit a purple patch of weather and have been making huge inroads in having this land ready for settlement by the end of May. Once these go we don’t have too much else to tell you about.
We have our next In Rooms auction event scheduled for April 16th which is the Wednesday before Easter. The next auction event will the be June 11th in time for end of financial year. If you are thinking of buying or selling you should at least be talking to the sales team about how the auctions have been going and what we are seeing in regards to activity and demand in the local market.
That’s it for this month. Hope you can make it up over the next few weeks leading in to Easter and make the most of these great conditions before we head in to winter.

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