Planned Olympic facilities appear to be driving a demand for homes in the heart of the Sunshine Coast.
The $1 billion Horizon Centre with multi-purpose arena, athlete village and five-star hotel, and an advanced public transport system dubbed The Wave, are set to enhance the rapidly growing Maroochydore city centre.
They seem to have contributed to strong inquiries for residences in the area, especially at SOL by Walker, which will feature 251 apartments across two 19-storey towers.
Demand has soared with more than three-quarters of the first release already secured.
Walker Corporation group executive of development Peter Saba said the planned Olympic infrastructure would provide the region with a boost.
“The Queensland Premier’s recent announcement, including the proposed Maroochydore Horizon Centre precinct in their Brisbane 2032 Olympics Plan, will provide a major boost to residents and businesses in the Maroochydore city centre and the entire Sunshine Coast,” he said.
“The flow-on effect is already being felt with many buyers looking to secure their future home or investment in SOL by Walker as a prime opportunity to live in one of Australia’s most exciting coastal cities, capitalising on the region’s liveability, accessibility and world-class infrastructure plans.
“We are seeing a cross-section of buyers purchase at SOL by Walker, from first-home buyers to professional couples and families.”
The proposed $1 billion Horizon Centre development would feature a multi-purpose arena, 1400-bed athlete village and five-star hotel, delivering an Olympic legacy for the region.
The Horizon Centre would be integrated with The Wave transport system, which would run through the city centre and to Sunshine Coast Airport.
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It should allow local residents to access key destinations across the Sunshine Coast and Brisbane.
“The Horizon Centre precinct will not only host Games action but will provide a lasting post-Games legacy, including a high-quality restaurant and entertainment district providing the Sunshine Coast with a world-leading venue for concerts, events and cultural experiences well beyond 2032,” Mr Saba said.
SunCentral CEO Amanda Yeates said the city centre had become an economic powerhouse for the Sunshine Coast.
“In 10 years, we have seen Maroochydore city centre transformed from a golf course to the makings of a real city, and with incredible projects underway all around us at SOL by Walker, 50 First Avenue, Maroochy Private Hospital and now new legacy infrastructure, the next decade is shaping up to be even bigger,” she said.
Maroochydore Chamber of Commerce president Brendan Bathersby heralded the changes.
“There has never been a more exciting time to be on the Coast, with major legacy infrastructure shaping our future, boosting the local economy and anchoring Maroochydore city centre as a connected, world-class city for generations to come,” he said.
