Sunshine Coast Mayor Mark Jamieson will join builder RCQ Construction to turn the first sod at the site 9am today.
Already 77 per cent of homes in the development had been sold, Reed Property Group Sales Executive Cathie Price said.
“Investors and owner-occupiers – including those wanting to downsize, and mature first home owners wanting to get a head start – are relishing the opportunity to purchase quality stock so close to the CBD, Sunshine Plaza, the Ocean Street dining precinct, Maroochy River and Maroochydore’s pristine, patrolled beaches,” she said.
“It’s rare to find brand new, spacious town-houses in the heart of Maroochydore, and the response we’ve received from buyers certainly indicates demand is strong.”
“We expect the remaining two-bedroom town-houses will be snapped up quickly as construction progresses, especially now that the $20,000 First Home Owner’s Grant has been extended to 30 June 2018.”
“Locale’s central location in Allora Drive ensures it’s well connected to schools, public transport, the Sunshine Motorway and Maroochydore’s popular business and entertainment precinct.”
“The project is ideally positioned to reap the benefits of the Sunshine Coast’s major infrastructure boom that is set to drive the local economy for the next 20 years.”
The town homes will be built with two and three bedroom designs.
The two-bedroom homes include a second living area, a study, downstairs guest bathroom, landscaped gardens, pet-friendly courtyards, covered outdoor entertaining area and secure garage.
Prices start at $392,500 with body corporate fees from $2,500 per annum.
RCQ Construction general manager Gavin Wuiske said he was thrilled to start the earthworks and bring the project out of the ground “thanks to months of careful planning and a strong sales response from the market”.
He said it could take about a year for the homes to be built, with the project to be finished by the end of 2018.
“Having built numerous residential developments on the Sunshine Coast and beyond in our three decades of operation, we’re confident of delivering high quality homes in a great location, especially as the Maroochydore CBD is coming to life,” he said.
Mayor Mark Jamieson welcomed the commencement of construction at Locale and said it was encouraging to see Reed Property Group offering affordable housing options within close proximity to the new CBD.
“The Sunshine Coast is in the midst of an economic boom and with Maroochydore set to become the business and employment hub of the region, there is undoubtedly demand for more affordable housing nearby,” Cr Jamieson said.
Installation of the underground infrastructure at the CBD site is now 95 per cent complete so 2018 will certainly see increased activity onsite. As the number of employees in the CBD continues to escalate, access to affordable housing in the area will be essential and projects like Locale will go some way to meet this demand, helping us build a sustainable and thriving business centre.”
“Locale residents aren’t the only ones to benefit from the development, with RCQ Construction confirming that more than 90 tradespeople are expected to be employed throughout the construction period, injecting an estimated $25 million into the local economy.”
Originally Published: www.sunshinecoastdaily.com.au