Sunshine Coast developer Pelican Waters is fast-tracking future land releases, having experienced the fastest sell-out of waterfront lots in the estate’s 30-year history.
The recent release of ‘Navigators’ – Pelican Waters’ first collection of waterfront homesites offered to market in a year – was met with incredible success as demand for prime southern Sunshine Coast land continues to surge.
“Comprising 17 lots ranging from 488sqm to 904sqm in size and water frontages up to 29 metres, Navigators became the fastest waterfront sell-out in Pelican Waters history,’’ general manager of development, Hamish Pressland, said.
“We experienced a massive oversubscription on each lot, with up to a dozen buyers vying for select homesites, with prices ranging from $625,000 up to $1,050,000.”
Enthusiasm was equally high for the accompanying release of dry lots featuring 19 home sites from 400sqm to 650sqm in size, with water view, park-facing and cul-de-sac product all in the mix.
With up to 16 names registered for each lot, these sites were claimed within hours from the master-planned community’s expressions of interest campaign.
“At Pelican Waters we are committed to keeping the selling process as fair and transparent as possible with an upfront set price rather than a highest-price-offer method practised by some other developers,’’ Mr Pressland said.
“Through this process the buyers know where they stand and how much they have to spend, and while some were obviously disappointed with missing out this time, we will continue to do our best to keep everyone happy with a number of exciting releases on the horizon.”
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Navigators ushers a new era of waterfront living at Pelican Waters as the first release of its kind offering boat owners ocean access via the new Southern Lakes lock, while providing the missing link for vehicles, cyclists and pedestrians to Golden Beach and the Pumicestone Passage.
Future residents will also benefit from the large 5ha family park between the waterfront properties and Bells Creek. To be completed by the end of the year, it will include a Frisbee Golf circuit, kids’ cycle paths, barbecue facilities and more.
“As a result of this success, we have been able to look more positively at upcoming releases and will be fast tracking our next stage of development to be located on the opposite side of the Navigators precinct on the new island,’’ Mr Pressland said
“This will comprise a further 31 waterfront and dry lots, a walkable foreshore and pontoon leasing opportunities for boaties. Located adjacent Central Park, we anticipate starting construction in May before releasing to the market in August or September.”
