Mega-Movement

Mixed use precinct is fast beginning to take shape.

Maroochy Boulevard is a hive of activity. As well as Reed Property Group preparing to start work on the mixed use Emporio project ADCO Constructions have moved on site at the planned $110 million Harvey Norman mega-store.

The project is expected to employ more than 400 on site and be finished before the end of 2012, creating 32,000sq m of floor space over two storeys and making the finished product about half the size of the Sunshine Plaza.

The furniture and electronics powerhouse will absorb almost a quarter of that space at 8000sq m, and its Domayne Counterpart will take up a further 4500sq m. Added to this the Lexus Maroochydore showroom is up and running opposite Garry Crick Auto Group and work has started on the precinct linking Dalton Drive with Maroochy Boulevard.

Construction of two small but critical pieces of roadwork in central Maroochydore will deliver 300 jobs to the CBD by 2012 and spark the start of the proposed redevelopment of Horton Park Golf Club. Developer Brencorp has started construction of a 15m extension of Dalton Drive to connect it with Maroochy Boulevard.

Work has also started on a new road linking Dalton Drive to the boundary of the Horton Park golf course through which the council plans to construct a new road network. Brencorp development manager Kent Madders said the eight-week project would ensure the company’s 7.6ha site was ready for development as a mixed-use precinct.

Mr Madders said the Structure Plan allows for development of a 15,000sq m homemaker centre on part of the site. An application for the homemaker centre will be lodged in the coming weeks and construction is scheduled to start in the second half of this year. The balance of the precinct will be made available for mixed commercial and residential development, providing ongoing employment opportunities.

Sunshine Cove sales manager Penny Service said the activity that’s taking place in the Maroochy Boulevard precinct is very exciting for the Sunshine Coast. Sunshine Cove’s first land release is well under way with construction well advanced on terrace, laneway and villa type allotments.

Ms Service said builders were now showcasing the numerous benefits and opportunities that these smaller lots bring. “Living at Sunshine Cove, in the heart of Maroochydore is all about the lifestyle without sacrificing any of the creature comforts we all are looking for in a home,’’ she said.

“Strolling through the Moreton Precinct, Sunshine Cove’s first residential allotment release, you quickly get a feel for the quality and innovation that this unique development is achieving. When you consider the lifestyle, the price – with allotments are still available from $226,675 – and the freehold opportunity within the Maroochydore CBD, it is little wonder Sunshine Cove has peaked the interest of so many families and investors.’’

There still exists limited opportunities to secure a preferred block, villa and laneway allotments, ranging in size from 265sq m to 441sq m, with prices ranging from $226,675 to $305,000 (average price $286,958). These lots are ready to build on. “In addition,’’ Ms Service said, “Sunshine Cove Realty are thrilled to present a range of house and land packages ranging in price from $519,000 to $535,000 which showcase these impressive terrace homes that are all freehold ownership.

“Most of these great two storey homes feature three bedrooms, separate living and activity areas with home sizes ranging between 210sq m of 230sq m total and are so close to the Plaza that you can walk there to shop, watch a movie or catch up with a friend.

These homes are under construction now. “The next 12 months at Sunshine Cove will no doubt be equally successful and exciting with lots of activity forecast.’’ Chardan, the developers of Sunshine Cove, is also focussing on the commencement of the 1ha community park, incorporating barbecue facilities and jetties over the water.

Source: Domain CBD Focus | 12th March 2011