A rapidly growing industrial and commercial hub continues to welcome new retailers.
The Aura Business Park at Baringa, within the booming master-planned community Aura, will soon include Australia’s largest industrial power tool distributor, Sydney Tools.
The lease of the 2200sqm tenancy at 7-13 Carnegie Street was negotiated off-plan by Sam Hoy, Michael Shadforth and David Goldsworthy from RWC Northern Corridor Group.
Sydney Tools development manager Alex Newby said the area was a good fit for the business.
“(It) was a logical location to service the trade activity behind one of Australia’s fastest-growing communities (Aura), as well as the established market of Caloundra,” he said.
“We look forward to the new store building on the success of Kunda Park Sydney Tools.”
Sydney Tools will join other businesses in the park, like Samios Plumbing, Mitre10, Carpet Court, Bridgestone and Ultra Tune, which were early responders to a seismic shift in population on the southern Sunshine Coast.
Caloundra Chamber of Commerce president and RWC Northern Corridor Group director Michael Shadforth said there was great demand for retail in the area, which will soon have road upgrades.
“The economic landscape of the Sunshine Coast today is undeniable and has it squarely on the radar of national developers and businesses alike,” he said.
“We are now seeing the community surpass the demographic catchment triggers of more and more national retailers and trade service businesses.
“The Aura Business Park has reached a critical mass where the businesses are starting to feed off the activity of each other.
“We have seen this pattern play out time and again across the northern corridor in the past, with business parks like Warana and Kunda Park as well as North Lakes and Corporate Park further south.”
Since the first stage of the business park was delivered in 2018, more than 100 tenancies have been completed.
Aura is expected to have a population of more than 50,000 people once fully developed.
