A large site with development approval near the heart of the Sunshine Coast is on the market.
The 3589sqm property at 2-10 Maroochy Boulevard – being sold under lender control – is in a prime position close to Sunshine Plaza and the Maroochydore city centre.
The land has approval for a childcare centre, medical facility and office space. There is also a partially built basement car park.
It was billed as Stage 3 of the Emporio complex, developed by Emporio Fiduciaries Pty Ltd.
SPA Investments Pty Ltd is listed as the mortgagee in possession and is handling the sale, with Colliers presenting the property to the market.
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Colliers did not comment on the sale, but the property information memorandum hailed the site’s location and the sale is expected to attract significant interest.
It stated that prospective buyers could make the most of the existing approvals – for a 99-place childcare centre over 555sqm, a medical facility over 208sqm and office space over 2139sqm – or do something different.
“Prominently positioned within Maroochydore’s rapidly evolving CBD precinct, this high-profile corner site offers immediate development potential with existing DA approval, as well as a variety of other alternative uses presenting a fast-track opportunity to capitalise on the Sunshine Coast’s growth trajectory,” it said.
“(There is the) potential to proceed with the existing development approval or look to amend the design to introduce alternative uses, including apartments, motel, showroom, indoor recreation and restaurant, which are compliant uses (subject to council approval).”
The memorandum said the site, which is by a crossroads with Emporio Place and Plaza Parade, also came with significantly discounted infrastructure charges.
Expressions of interest close on September 17.
A nearby site on Maroochy Boulevard was approved for a showroom earlier this year.
Lot 409 Flinders Lane, a 6066sqm block on the corner of Sunrise Drive, changed hands for $12.75 million just prior to the development approval being granted subject to conditions in mid-April.
Sunshine Coast News understands electric vehicle juggernaut Tesla is poised to operate there, as more commuters in the region embrace electric vehicles.
Artist’s impressions of the development, released in December as part of the application, showed Tesla signage.
Auction results
4 Maroochy Waters Drive, Maroochydore
- Sold for $1.9m
- 3 Bed, 2 Bath, 2 Car, Pool
- Ray White (Maroochydore), Greg Turnbull and Grace Voller
98 Roderick Street, Moffat Beach
- Sold under the hammer for $1.59m
- 1 Bed, 2 Bath, 1 Car, Ray White (Caloundra)
- Marcus Lane and Andrew Garland
8 Boolagi Drive, Wurtulla
- Sold under the hammer for $1.206m
- 3 Bed, 2 Bath, 2 Car
- Ray White (Caloundra), Dan McNamara
126/21 Innovation Parkway, Birtinya
- Sold under the hammer for $820,000
- 2 Bed, 2 Bath, 1 Car
- Ray White (Caloundra), Dan McNamara
6/39 Canberra Terrace, Kings Beach
- Sold under the hammer for $1.27m
- 3 Bed, 2 Bath, 1 Car
- Ray White (Caloundra), Natascha Drexel-Munro and Carola Drexel
21 Gerrybell Street, Golden Beach
- Sold under the hammer for $1.22m
- 4 Bed, 2 Bath, 3 Car
- Ray White (Caloundra), Ray Daniels
504/75 Landsborough Parade, Golden Beach
- On the market for $1.17m
- 2 Bed, 2 Bath, 2 Car
- Ray White (Caloundra), Ray Daniels
18/1 Raleigh Street, Golden Beach
- Sold under the hammer for $1.59m
- 3 Bed, 2 Bath, 2 Car
- Ray White (Caloundra), Ray Daniels
28 Culla Culla Street, Battery Hill
- Sold under the hammer for $1.175m
- 4 Bed, 1 Bath, 2 Car
- Ray White (Caloundra), Andrew Garland
31 Webster Road, Nambour
- Sold under the hammer for $751,000
- 3 Bed, 1 Bath, 2 Car
- Ray White (Caloundra), Lachlan Hunt
6 Etep Court, Nambour
- Sold for an undisclosed amount
- 3 Bed, 2 Bath, 2 Car
- Ray White (Caloundra), Lina Hosier
304/17 The Esplanade, Maroochydore
- Passed in at $1.3m, contact agent
- 2 Bed, 2 Bath, 1 Car
- Ray White (Maroochydore), Reuben Park and Emma Gray
6 Ascot Circuit, Palmview
- Passed in at $1.47m, contact agent
- 4 Bed, 2 Bath, 2 Car, Pool
- Ray White (Buderim), Gregory Ward and Zoe Byrne
51 Palm Drive, Mooloolaba
- Passed in at $1.5m, contact agent
- 4 Bed, 2 Bath, 2 Car, Pool
- Ray White (Kawana), Will Van den Dungen
