Quick Snips October 2016

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Welcome back to this months newsletter which is being written from the banks of Lake Coolum and Lake Marcoola. That’s right , we are nearly through two weeks of school holidays and the surf is as flat as a pancake. Not a ripple in sight. It has been so calm the passing whale parade has been coming in very close to shore creating some incredible sights and experiences for the masses that have all made their way here for the break. There was one story in the local paper of a beach fisherman that was able to cast a lure not too far from one of the whales coming through and he managed to pick up a 13 kg tuna that was using the whale for cover. I’m not sure how true the story is but you can imagine how close the whale must have been to the beach to get close to it with a lure and also how startled the tuna would have been after thinking he would have been pretty safe swimming in the shadow of a whale.

Aside from the weather, conditions across the Coast seem very positive and business levels and confidence generally are on the rise. Only last weekend there was a full page feature in the Weekend Australian followed the next day with a full page feature in the Sunday Mail spruiking the Coast and all of the major projects about to come on line. These were all of the projects we have been talking about for some time now in this monthly newsletter but sometimes it seems more real if they put it in the weekend newspapers. We all know that the new hospital at Kawana will be opening in April. That will have the most immediate impact of all of the upcoming projects. In the last couple of months it has been very noticeable that the commentary regarding the airport has been much more positive regarding an imminent commencement. The council is waiting on federal government approval of a $180 million infrastructure loan which they are sounding confident is not too far away. I have mentioned before that mostly to it’s detriment the Sunshine Coast is rusted on conservative politically but surely with 3 federal members pushing the case we can get this over the line. Once that is in hand , the council can then consider their final ownership options. Formal expressions of interest closed approximately two weeks ago and it would appear there is sufficient interest to see this sorted through in short time. All things going well we could be seeing work actually commence before Christmas.I also mentioned that preliminary headworks had commenced around the ex golf course in Maroochydore for what is to become the Coasts new CBD. One of the early benefactors here is the near doubling in size of the Sunshine Plaza shopping Centre in Maroochydore. Tenders for this have been completed and contracts awarded with construction now commenced. These three projects alone represent billions of dollars of new investment on our doorstep and it is just the start of the next phase for the Sunshine Coast.

We mentioned a couple of months ago that council had approved a 44 small lot housing development in Central Coolum. This is on the vacant land across from the Bowls club and behind the ELEMENT resort. We have now received the plans and pricing and are taking expressions of interest. Given this prime position we are expecting that this will be taken up quickly so please contact any of our Coolum sales team for more information and to register your interest.

We are also expecting to have the final plans and pricing for the 26 new townhouses to be constructed on the corner of Suncoast Beach Drive at Mt Coolum (directly across from the IGA entrance). We expect these will also be very popular and ask if anyone is interested to contact any of our sales team for more information.

There has been progress on the development application for the vacant land on the beach just to the north of Surfair. This project includes 30 small lot houses on the beachfront, a 60 sit caravan park, aged care and 150 room motel. Public submissions have now closed and I would be surprised if this did not get approved quickly from here. The developer has indicated that if they can get their approval in  time they would like to be selling the small lot beachfront houses by this Christmas.

The council has submitted proposed amendments to the Planning Scheme to allow development of the last canefield between the motorway and Twin Waters. This is a Stocklands development that now has the support of Twin Waters Residents. Public submissions close November 7.


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