Sunshine Coast Firmly on Investment Radar

Sunshine Coast Firmly on Investment Radar

Hotspotting’s specialist property researcher and writer Terry Ryder who has been commentating on residential property for over 35 years, has his sights firmly set on the Sunshine Coast.

In a recent article written for the Property Observer,Ryder notes that while many commentators are placing great significance on interest rate reductions as a prime driver of real estate markets, he is much more interested in what’s going on the coalface of local economies. 

He puts a high rating on the Sunshine Coast as a market that investors of all kinds should be considering and even goes so far as to say the Sunshine Coast has the nation’s most compelling growth story.

We agree, with an infrastructure program of over $20 billion, there are great opportunities ahead and Foundation Placeis perfectly poised to capitalise on this great investment.

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Time for Construction

Time for Construction

Construction is well under way in the new Maroochydore CBD, as can be seen this time-lapse video of the Foundation Place site.

If you’d like to find out more about Foundation Place and the opportunities available, give one of the Daniels a call. Daniel Cullinane of Transact Property Group m: 0431 278 806 or Daniel Vella of Colliers International on 0422 373 990.

Meet the Daniels

Meet the Daniels

(L-R) Foundation Place agents Daniel Cullinane of Transact Property Group and Daniel Vella of Colliers International.

Keen to find out more about Foundation Place? We recommend you get to know not one Daniel, but two!

Foundation Place agents Daniel Cullinane of Transact Property Group and Daniel Vella of Colliers International, are two experienced agents working together to help businesses interested in taking space at Foundation Place.

Deeply connected in private and institutional property circles, Daniel Cullinane (we call him Daniel C!) brings a wealth of knowledge and experience to both Transact Property Group and the Sunshine Coast commercial property market.

Daniel C is not the average real estate agent, his deep understanding of the analytical side of direct property investment, portfolio optimisation, financial analysis and development feasibility allows him to offer a multi-dimensional service to his clients to supplement his market leading transactional capability.

It could be his exceptional attention to detail and dynamic energy that sets him apart from his competitors, however, Daniel C knows that it is the values from his country upbringing that set him apart in life.

“I take the greatest pride in knowing the importance of a handshake and holding the highest standards of integrity, honesty and reliability at the forefront of allthat I undertake,” Daniel C said.

On the other hand, Daniel Vella (aka: Daniel V) is the Senior Executive Commercial Sales and Leasing at Colliers International. Boasting 15 years’ experience in the real estate industry, Daniel V’s career started in residential project marketing moving through to development acquisitions, and commercial sales and leasing.

Daniel V says working with businesses on the Sunshine Coast is the best job in the world.

“I really enjoy selling and leasing of strata titled commercial premises here on the Coast,” he said.

“Commercial transactions are my consuming passion; being upfront, open and delivering what is promised is important to me.”

If you’d like to find out more about Foundation Place and the opportunities available, give one of the Daniels a call. Daniel Cullinane of Transact Property Group m: 0431 278 806 or Daniel Vella of Colliers International on 0422 373 990.

Foundation Place sod turn marks beginning of new Maroochydore City

Foundation Place sod turn marks beginning of new Maroochydore City

L-R: John Knaggs, Dirk Long, Matt Evans and Mayor Mark Jamieson. Photo – Cade Mooney

It is official: Maroochydore City Centre – the Sunshine Coast’s new Central Business District – is underway with the first sod turning to be held at its landmark commercial building, Foundation Place, this morning.

The $30 million, cutting-edge commercial premises is the first building to emerge in the core commercial area in what will become the new heart of the Sunshine Coast, and is being delivered by experienced and locally-based developers Evans Long

Evans Long Partner, Matt Evans said it was rewarding to see the project reach this point in its development.

“In delivering Foundation Place, we are achieving a lot of firsts, and the entire Evans Long team are proud to witness the sod-turning of this innovative building take place today,” Mr Evans said.

Carrying serious eco-credentials, Foundation Place is the first privately owned building on the Sunshine Coast to sign a commitment agreement to achieve a Five Star rating under the National Australian Built Environment Rating System (NABERS).

In keeping with the ethos of SunCentral, environmentally sustainable features include the Coast’s first green wall, solar panels, energy-efficient air-conditioning and lighting and the smart use of natural light and ventilation.

“Foundation Place is aptly named as this cutting-edge building is going to set the tone for what is to come in the new Maroochydore City Centre,” Mr Evans said.

Sunshine Coast Council Mayor Mark Jamieson said today’s sod-turning represented an exciting milestone for the new Maroochydore City.

“It is truly rewarding to be part of the commencement of construction for the first commercial building to come out of the ground in what will be Australia’s most contemporary, sustainable and connected city,” Mayor Jamieson said.

“I cannot think of a better way to embark on the journey than with a landmark building that represents the values and principles behind the new CBD: innovation, sustainability and world-leading.”

The new Maroochydore City Centre has been designed for the 21st Century, breaking new ground with its extensive use of smart technology to create a cleaner, greener, more liveable and dynamic city centre.

Mr Evans said as the City Centre’s first commercial offering, Foundation Place is set to achieve a new level of office and retail accommodation not seen before on the Sunshine Coast.

“With eight levels overlooking the CBD’s Urban Square – which is all that separates this development from the new Sunshine Coast Council City Hall which will be home to more than 600 council employees – Foundation Place is perfectly positioned for forward-thinking businesses who desire modern facilities, convenience and to be one of the first to take advantage of the new CBD,” he said.

Foundation Place is expected to be open for business in mid-2020.

Businesses interested in securing space at Foundation Place can contact Daniel Cullinane of Transact Property Group on 0431 278 806 or Daniel Vella of Colliers International on 0422 373 990.

City Centre off to sustainable start with the approval of landmark Foundation Place development

City Centre off to sustainable start with the approval of landmark Foundation Place development

Foundation Place, a $30 million energy-efficient office complex, has become the first development to be approved for SunCentral’s new Maroochydore City Centre.

The eight-level project is being delivered by experienced locally-based developers Evans Long, with construction expected to be commence later this year.

Carrying serious eco-credentials, Foundation Place will be the first building on the Sunshine Coast to have a Five Star rating under the National Australian Built Environment Rating System (NABERS).

Evans Long Director, Dirk Long, said they have signed a “commitment agreement” with Nabers to deliver a project that will obtain a Nabers 5-star energy rating on completion.

“Foundation Place will be the first private commercial building on the Sunshine Coast to do so,” Mr Long said.

Environmentally sustainable features include the Coast’s first green wall, solar panels, energy-efficient lighting and low VOC materials. The building will also tap into Australia’s first underground automated waste collection system and harvest rainwater for greywater use in toilets and gardens.

Mr Long said he was delighted to receive development application approval from Economic Development Queensland this week and was confident the project would be a landmark building for the CBD.

“With eight levels overlooking the CBD’s urban square and the planned Sunshine Coast Council headquarters, we could not have got a more prime position,” Mr Long said.

“We have already had strong interest from potential tenants and we’re confident our location and cutting-edge design will attract a range of businesses that would benefit from basing their operations in the heart of what will be a vibrant city centre,” Mr Long said.

The contemporary office design was created by renowned Cottee Parker Architects, who have also been appointed to design the Sunshine Coast Council City Hall.

Comprising 5006 sqm of floor space, Foundation Place incorporates ground floor retail, five levels of commercial space and parking for 77 cars across two podium levels. Tenants can buy or lease a full floor of the building, or as little as 80 sqm of office space. Retail zones, ranging from 50-900 sqm, are also available for sale or lease.

Mr Long said Evans Long would be the first tenant in the stylish office block, situated on South Sea Islander Way.

SunCentral CEO John Knaggs said Foundation Place ideally matched the vision to create a cleaner, greener, dynamic city centre.

“The developers have really married the unique local environment with innovative design to deliver what will be a ground-breaking commercial space for our new City Centre,” Mr Knaggs said.

“I commend Evans Long for taking the lead in making this significant investment in the creation of our 21st Century city.”

Evans Long have been responsible for developing numerous recognisable buildings on the Sunshine Coast, including Cardno House in Maroochydore, the mixed-use Central development at Sippy Downs, Pulse Oceanside Medical complex at Birtinya, and Nucleus Medical Suites in Buderim.

“We’ve put our faith in the growth of the Sunshine Coast and are not afraid to invest in areas where we see the potential. The fact that this project will provide 35 full-time jobs for the duration of the project with a maximum of 70 people at peak times and approx 200 different people through the gate during construction is another boon for our region and will help keep jobs on the Coast,” Mr Long said.

Development snapshot 

DEVELOPMENT Foundation Place, Maroochydore CBD
ADDRESS Foundation Place, Lot H1, South Sea Islander Way, Maroochydore City Centre, Sunshine Coast
DESCRIPTION

A contemporary, architecturally designed building, Foundation Place is set to achieve a new level of office accommodation for the Sunshine Coast.

Foundation Place offers a variety of options, for ground floor retail and office space from 80m² to full floor, for lease or purchase. On-site car parking, as well as the planned adjacent 300-space public car park, will ensure ease of access for both tenants and their clients.

Carrying serious eco-credentials, Foundation Place will be the first building on the Sunshine Coast to have a Five Star rating under the National Australian Built Environment Rating System (NABERS).

AGENT Dirk Long, Director – Evans Long, 07 5353 6710, 0403 466 944
WEBSITE  www.foundationplace.com.au

For more information, go to www.foundationplace.com.au

Media contact: Amber James – Fresh PR & Marketing

P: 0403 000 330       E: amber@freshprm.com.au