Sunshine Coast Beachside Development Site on Market

One of the Sunshine Coast “most significant” development-approved mixed use sites in Caloundra is being offered for sale by Colliers.

The 5289sq m site at 1-9 Bulcock Street and 45-47 Bombala Terrace is being marketed via an expressions-of -nterest campaign by Colliers agents James Matley, Brendan Hogan, Baydn Dodds and Nick Dowling.

The site represents the opportunity to deliver an apartment and hotel-lead mixed-use development within one of the most supply-constrained and in-demand localities in the nation.

The approval offers 104 premium residential units and 125 hotel rooms with a significant commercial and retail component.

 “Amid limited supply and surging demand for high-end residential properties and hotel offerings, potential buyers are presented with an extraordinary chance to seize the full potential of this remarkable site,” Matley said.

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“Boasting an unparalleled location and an awe-inspiring scale, recreating such a captivating opportunity on the Sunshine Coast would be nearly impossible”

Hogan said the site is “strategically positioned on the main street of Caloundra and boasts immediate access to a diverse selection of dining, retail, and entertainment options”

“The project itself will also bring a scale of retail and commercial that the area is in dire need off”.

Dodds said that the “beachside nature of the property coupled with its development approval and the underlying strengths of the Sunshine Coast market provide all the ingredients development groups are actively pursuing”.

The site is set to draw significant interest from the market place and for further information reach out to the sales agents.

Expressions of interest close on Thursday July 20 at 4pm.

Article source: Queensland Property Investor