The Link Coomera – our Newest Business Park (Bringing jobs to the Gold Coast) - Queensland Property Investor
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The Link Coomera – our Newest Business Park (Bringing jobs to the Gold Coast)

The Link Coomera – our Newest Business Park (Bringing jobs to the Gold Coast)
THE LINK COOMERA is proposed to be a world-class, master-planned business park, located at the northern end of the Gold Coast, adjacent to the M1 Motorway and Exit 54.
The Link Coomera – our Newest Business Park (Bringing jobs to the Gold Coast)12

A CITY OF THE FUTURE

Experiencing a new economic boom, the Gold Coast is expecting an injection of billions of dollars’ worth of infrastructure across the city over the coming years including:

  • $200 million in sporting, transport and community infrastructure for the 2018 Commonwealth Games
  • M1 motorway upgrades
  • the Jupiter Star Casino expansion
  • luxurious high-rise resorts, e.g. the billion-dollar Jewel project in Surfers Paradise
  • a sport and community centre in the neighbouring suburb of Pimpama
  • many other development applications with council, including an adventure theme park along the Nerang river.

ECONOMIC IMPACT

The Gold Coast economy is valued at $25 billion. While traditionally focusing on tourism and construction, council is now committed to diversifying the city, investing in manufacturing, health, education and professional services with employment expected to reach approximately 300,000 in the next decade.

EMPLOYMENT INDUSTRY SNAPSHOT

The Link Coomera – our Newest Business Park (Bringing jobs to the Gold Coast)

THE LOCATION

The Link Coomera – our Newest Business Park (Bringing jobs to the Gold Coast) The Link Coomera – our Newest Business Park (Bringing jobs to the Gold Coast)

TRAVEL DISTANCES (approximately)

  • 800m – Coomera Town Centre
    (future access).
  • 800m – Coomera Railway Station
    (future access).
  • Adjacent to M1 Motorway & Exit 54.
  • 4km – Gold Coast Coomera Marine
    Precinct (Rivera).
  • 15km – Yatala Enterprise Area.
  • 24km – Surfers Paradise.
  • 30km – Robina Town Centre.
  • 50km – Gold Coast Domestic &
    International Airport.
  • 55km – Brisbane CBD.
  • 65km – Port of Brisbane.
  • 62km – Brisbane Domestic &
    International Airport.

THE FUTURE’S BRIGHT

Millions of dollars are being injected into the Gold Coast economy, making it one of the fastest growing in Australia. This, along with its natural beauty and perfect climate, makes it one of the most liveable cities in the world. Be part of it and see your business thrive.

2018 COMMONWEALTH GAMES

The Gold Coast will host the XXI Commonwealth Games in 2018, Australia’s largest event this decade.

Launching the Gold Coast onto the world stage, the Games will showcase the city to a global audience of more than one billion4.

WESTFIELD COOMERA TOWN CENTRE

Westfield’s new proposed Coomera shopping centre, expected to open in 2018, will deliver a major economic boost to the region.

The development is expected to ultimately comprise approximately 77,000 sqm and will create thousands of job opportunities, within a short walk to The Link Coomera.

M1 MOTORWAY UPGRADE

The Link Coomera is located approximately 1km from Exit 54, which has received a $74.7 million upgrade to manage the increase in traffic created by the new Westfield shopping centre and residential boom, making access to The Link Coomera even easier6.

GOLD COAST LIGHT RAIL — CONNECTING THE GOLD COAST

The Gold Coast light rail system, with the capacity to move more than 3000 passengers per hour, links all the Gold Coast’s hotspots – including Broadbeach, Surfers Paradise and the Gold Coast University Hospital.

The $420 million stage two project will see the line continued through to neighbouring suburb Helensvale, with seven new stations, terminating at Helensvale railway station – just one stop away from the Coomera railway station7.

FLEXIBILITY OF ZONING

The Link Coomera is a 54-hectare property (Phase 1 is 36 hectares and Phase 2 is 18 hectares) that is zoned for both industrial (low impact industry) and mixed use (fringe business) allowing for multiple commercial uses and large format retail.

(Note that prospective owners will be required to obtain development approvals under the Planning Act (QLD) 2016 for their proposed uses for each of the individual lots. More detail regarding the zoning, intended uses within zones and assessment are contained in the City Plan adopted by the City of Gold Coast (Council). A link to a City Plan Property Report compiled by the Council is provided hereunder.)

The mixed-use zoning at The Link Coomera will be the newest and most significant industrial and mixeduse development on the Gold Coast.

FEATURES

Your business will benefit from the many features of The Link Coomera including:

  • An elevated position, with excellent exposure to motorists on the M1 Motorway.
  • A large variety of lots, ranging in size from 0.23Ha to larger than 1.6Ha, all serviced to Council regulations.
  • A beautifully landscaped estate including large ecological open spaces and a creek.
  • Easy connection and access to Coomera Town Centre and major transport nodes including the Coomera train station.

STAY CONNECTED

Getting to The Link Coomera is easy, no matter where your workers, customers and suppliers are travelling from, due to its convenient and central location.

The site is located adjacent to the M1 Motorway and approximately 1km north of the interchange at Exit 54, creating easy access from the south (Gold Coast CBD and beyond), the north (including Beenleigh and Brisbane) and from the northern suburbs of the Gold Coast located to the west of the M1 motorway.

The Link Coomera is conveniently located on an existing service road (Old Pacific Highway).

The Coomera train station is approximately 800m south with the possibility of a public transport link planned to travel through The Link Coomera.

The future Coomera North M1 Motorway interchange will be partially located on the northern side of the The Link Coomera as part of Phase 2 developments.

A four-lane trunk road connection is planned to extend from the Coomera North interchange, travelling across the rail corridor to provide access to the existing East Coomera residential community and the future high-density residential development on the east of the rail corridor. This will also include an overpass across the M1 Motorway , providing access to communities located to the west of the motorway.

A new trunk road connection is planned to cross through The Link Coomera between the existing M1 Exit 54 to the south, and the future Coomera North interchange.

 The Link Coomera – our Newest Business Park (Bringing jobs to the Gold Coast)

LEGEND

1.Service road

2.Future Coomera North
Interchange

3.Westfield Town Centre

4.Oakey Creek Corridor

5.Mixed Use Fringe Business
Precinct

6.Low Impact Industry

7.Future road connection to east

8.Future road connection to west

9.Road connection to town
centre and railway station

10.Approved off ramp

11.Medium Density Residential
Precinct

12.High Density Residential
Precinct

13.Government Precinct

14.Mixed Use Commercial Centre

For more information visit www.thelinkcoomera.com.au/

Originally Published: www.bloorhomes.com.au

Developments

Three Gold Coast Developers Partner for Four Tower Project

Three Gold Coast Developers Partner for Four Tower Project

A consortium of Gold Coast developers has set in motion plans to transform an empty site in Varsity Lakes into a giant four-tower complex.

The proposed development has been put forward as a joint venture between Homecorp, Sunland Group and Condev Construction, three of the Gold Coast’s largest property developers.

The 12,916sq m site, which is owned by Sunland, is located between 2-6 Capital Court in Varsity Lakes and will be developed in two stages with two towers delivered in each.

The four tower project, with towers ranging between nine and ten storeys, will comprise 388 units with 99 units each across three of the towers, with the fourth having 89.

The majority will be two bedroom apartments with the rest having a single bedroom.

According to the plans there will be 437 car parks and 164 bicycle parks located inside a three-level basement, as well as 180sq m of commercial and retail tenancies.

Three Gold Coast Developers Partner for Four Tower Project 1

Homecorp is led by businessman Ron Bakir has become a major player in the Queensland housing market in a relatively short period.

The company’s construction arm Homecorp Constructions is now ranked the 11th largest builder in the state and among the top three builders based on the Gold Coast.

Sunland is led by managing director Sahba Abedian.

The group has 13 active projects along Australia’s east coast and holds a $3 billion portfolio comprising 4,292 residential homes, urban land lots, multi-storey apartments, and an emerging retail and commercial portfolio.

The company’s Gold Coast projects include the 44-storey 272 Hedges Avenue high-rise residential development in Mermaid Beach and the boutique Magnoli Apartments mid-rise development in Palm Beach

Sunland also recently launched construction of The Lanes development on a 42 hectare site in Clear Island Waters.

Three Gold Coast Developers Partner for Four Tower Project 2

Apartment sales uptick

Apartment sales increased to nine per cent of available stock in the second quarter of 2019, up from seven per cent in the previous quarter, according to planning and advisory firm Urbis.

On the Gold Coast, premium apartments typically attracting retirees and people seeking a sea change drove up the average sales price while foreign investors have returned to the market accounting for between 22 and 26 per cent of sales.

Off-the-plan apartment sales on the Gold Coast jumped in the recent quarter to be some 45 per cent higher than the prior quarter.

There were 231 new apartment sales recorded from January to March with two-bedroom, two-bathroom pads made up 65 per cent of sales.

The southern beaches precinct, which stretched from Mermaid Beach to Tweed Heads, had more than 60 per cent of sales for the quarter – the highest level ­recorded for the area in the past five years.

The national weighted average was $727,333, while the Gold Coast recorded its highest ever figure of $875,817.

 

 

Source: theurbandeveloper.com

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Developments

Beachfront site opens Gold Coast up to rival development

Beachfront site opens Gold Coast up to rival development

After three-and-a-half years of negotiations a property developer has amalgamated a large 8400-square-metre beachfront site on the Surfers Paradise strip of the Gold Coast next door to a $1 billion development under construction.

The new site on Old Burleigh Road is directly to the north of Jewel, which has been touted as Australia’s largest beachfront mixed-use development and is under construction by Yuhu Group.

Chinese developer Ridong Group acquired the landmark 1.13 hectare Pacific Beach development site at Surfers Paradise for about $81 million in 2009 and then partnered with property powerhouse Dalian Wanda to develop the towers. Last year Sydney developer Yuhu Group acquired Dalian Wanda’s Australian assets for $1.13 billion, including the Gold Coast development, and recently acquired a 1264-square-metre site to the south.

This latest development site to the north of Jewel, which was amassed by well known Gold Coast property identity Craig Perry, comprises the 21-unit “Mykonos”, 35-unit “Paros on the Beach”, a beachfront duplex and two smaller complexes with four apartments each. In total it includes 66 units and two management rights contracts.

The site covers 8402 square metres and 77 metres of absolute beach frontage.

Mr Perry said his team was exploring the highest and best use for the land.

“The site has been secured by call option contracts while this process is being undertaken. Its sheer size requires us to seek to partner with a funder or developer capable of undertaking a project of this magnitude,” Mr Perry said.

The site is in an area zoned for high density with the possibility of developing a residential or hotel tower with unlimited height restrictions under the Gold Coast City Plan.

Mr Perry would not be drawn on a price, saying it would be disclosed privately to potential partners.

“This is the only beachfront development site of this scale available on the Gold Coast.

“We are looking for a funder or developer that brings value to the table, either as economical or brand value,” Mr Perry added.

For several years Mr Perry, as managing director of Breakwater Group, has also been pursuing the development of a $4.4 billion cruise ship terminal at the Spit, which has been rejected.

 

 

Source: www.commercialrealestate.com.au

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Brisbane

Peet Wins Approval for 1700 Lots in Logan Satellite City

Peet Wins Approval for 1700 Lots in Logan Satellite City

The Queensland government has approved the development of 1700 new lots in a $6.7 billion satellite city development in Logan.

The approval, which includes seven different freehold land products under 300sq m, forms part of developer Peet’s Flagstone “satellite city” development.

With Queensland a top destination for interstate migration, it’s expected that up to 50,000 residents are expected to move to the region over the next 25 years.

Part of the priority development area, Flagstone was earmarked by the Queensland government to fast track the supply of affordable housing in what is considered as one of South East Queensland’s fastest growing corridors.

Flagstone, which spans a 100-hectare area, is a joint venture between Perth-based developer Peet Limited and industry superannuation giant MTAA Super.

Peet Wins Approval for 1700 Lots in Logan Satellite City 1

The approval also takes in Flagstone’s third neighbourhood shopping centre site, a community centre on a 5000sq m site, and a Catholic Private School to be constructed, due to open in 2023.

The development approval also includes a main road extension that will create access into the development via New Beith Road.

Peet Limited chief executive Brendan Gore said the new lot types will be sprinkled through stages two to five, with the company “keen to test the new products in the market”.

“These products will appeal to a broad segment of the market, from singles and couples without children, to young families and empty-nesters,” he said.

“Ensuring that Flagstone can offer a home to suit all.”

Gore said most of the lots will be around 450sq m, with some up to 1000 square metres.

Most of the higher density product will be located in proximity to the main shopping centres and transport hubs.

“Flagstone will be diverse… [so] it needs housing and amenity that will appeal to many different people and lifestyles,” gore said of the project which sits around 50-kilometres south of Brisbane CBD.

“We’ve put careful thought into where these lots will be positioned and each one will be located close to a park.

“Although people want the convenience of a small backyard or no backyard, they don’t want to feel hemmed in so wide streets and lots of open space are important.”

Peet, which has projects across Western Australia, Queensland, Victoria, South Australia, and a few in the ACT, New South Wales and NT, says up to 30 per cent of its Flagstone land, in Stages 2-5 is set aside for public open space.

Greater Flagstone, declared a PDA in 2010, covers a total area of 7188 hectares.

 

 

Source: theurbandeveloper.com

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