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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

Rare Corner Block Site in Sunshine Coast Health Hub Hits the Market

Rare Corner Block Site in Sunshine Coast Health Hub Hits the Market

A large, centrally-located corner block opposite a modern, new $1.8 billion public hospital is certain to attract keen interest from developers seeking to become part of the Sunshine Coast’s booming health and wellbeing hub.

The 3600sq m property – lot 907 on the corner of Eccles and Florey Boulevards – is one of the best positioned, yet-to-be-developed sites within the Sunshine Coast Health Precinct in the flourishing suburb of Birtinya.

The health hub, anchored by the Sunshine Coast University Hospital set to grow to a 738-bed facility and accommodate 10,000 patients a year by 2021, represents Australia’s single largest investment in health infrastructure.

It will deliver billions of dollars to the regional economy, generate 16,000 ongoing jobs, and offer enormous investment opportunities for specialist and ancillary health businesses.

The massive Stockland-developed health hub is a two-minute drive to the developer’s $87 million Birtinya shopping centre, and only a kilometre or two from its Bokarina Beach residential, retail and tourism project, nearing completion right on the coast.

The property is being offered for sale by CBRE Sunshine Coast and Savills, two of the region’s leading commercial agents.

CBRE Sunshine Coast managing director Rem Rafter said it was a time of unmatched growth in and around Birtinya, and throughout the wider Sunshine Coast region.

“Development sites in outstanding high-profile positions like this rarely become available,” he said. “As the health hub expands, hundreds of homes are being built to accommodate residents taking up the thousands of new jobs on offer.”

As well as the Sunshine Coast University Hospital, which has quickly assumed the mantle of the region’s primary public hospital, the health precinct accommodates Ramsay Health Care’s Sunshine Coast University Private Hospital, and the $60.8 million Sunshine Coast Health Institute.

The 17ha Sunshine Coast Health Precinct is a magnet for ideas, a place where entrepreneurs and knowledge-economy firms are operating in an idyllic coastal setting with access to the world’s most modern technology.

It’s where teaching and research is carried out in a culture of innovation and excellence.

The Sunshine Coast’s Health Institute – just along Eccles Boulevard from Lot 907 – caters for more than 1000 medical, nursing and allied health students from TAFE Queensland East Coast and the University of the Sunshine Coast.

Rare Corner Block Site in Sunshine Coast Health Hub Hits the Market 1

Here, research is being undertaken into diseases, trends and risk factors as well as treatment outcomes, patterns of care, and best practice health care systems.

A new clinical trials unit has just opened at the Sunshine Coast University Private Hospital to give patients access to new therapies – further evidence of the precinct’s importance as a research district of world standing.

Health is big business on the Sunshine Coast, with the industry employing more than 20,000 people to be the region’s largest employer. By 2033, the health and wellness industry is predicted to double its share of the employment market.

Huge investment in health infrastructure has been one of the major drivers of the Sunshine Coast economy over the past five years.

A recent Urbis report predicts that heavy spending on the health sector will continue into the next decade, leading to thousands of new jobs in the health care and social assistance industries.

The health and wellbeing industry is driving growth in all economic categories, ensuring a positive future not only for the sector, but for the entire Sunshine Coast.

Lot 907, with roughly equal frontages to Eccles Boulevard and Florey Boulevard, is suitable for the establishment of an eight-level building which would attract businesses with a connection to health care.

This could include health funds, medical products, pharmaceutical companies, research and development, pharmacies, gift and florist shops, banking and government agencies, or hospitality facilities.

The property is close to the major regional centres of Caloundra and Maroochydore, and within a few kilometres of the rapidly-growing residential communities of Harmony and Stockland’s Aura, where nearly 70,000 people are expected to make their home.

The property is for sale by offers of purchase, closing at 12pm, Wednesday, 7 August, 2019.

 

 

Source: theurbandeveloper.com

 

 

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Brisbane

Foundry Development Site in Brisbane’s South Hits the Market

Foundry Development Site in Brisbane’s South Hits the Market

An expansive landholding occupied by an old foundry on Brisbane’s south side could be redeveloped from an industrial site into a residential and commercial precinct, subject to approvals.

The 16.22 hectare brownfield site in Runcorn, located 14 kilometres south of Brisbane’s CBD, will hit the market this month.

Global engineering business Bradken has owned and operated a foundry on the site, at 54A & 32 Bonemill Road, for more than 60 years, having purchased it in 1955.

Bradken, established in 1922, plans to close shop of its Runcorn Foundry in September.

The proposed masterplan for the site, dubbed “The Foundry” in homage to its soon-to-be previous use, would create a new precinct comprising a mix of industry.

Knight Frank’s Mark Clifford and Christian Sandstrom, who will run the expressions of interest campaign, says the proposed scheme has the potential to include an entertainment hub which could incorporate a cinema, tavern, supermarket and neighbourhood centre.

Foundry Development Site in Brisbane’s South Hits the Market 1

Clifford said the Runcorn property has received significant interest from both local and offshore buyers.

“The bulk of interest has been from residential-based development groups, with these buyers interested in converting the site from its current industrial use into a residential and commercial development, pending the appropriate zoning and development approvals,” Clifford said.

Sandstrom said the opportunity to purchase the Runcorn site was “rare”.

“Being one of the few remaining large brownfield sites close to public transport in Brisbane,” Sandstrom said.

“Many developers have been waiting for this site to hit the market[…]they have been keeping a watchful eye on it, and we expect buyer enquiry to be strong when the campaign officially launches.

“While it could retain its current industrial use, the far more likely – and almost certain – outcome is that it will be converted into any number of uses, including retail, commercial, allied health, aged care and retirement, residential and entertainment uses, subject to Brisbane City Council approval,” Sandstrom said.

The Runcorn site, which sits in close proximity of major centres including Upper Mt Gravatt and Sunnybank, is located near major arterial road the M1 and Logan Motorway.

The expressions of interest campaign starts 15 July and ends 22 August.

 

 

Source: theurbandeveloper.com

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Developments

Stockland Sells 50pc Interest in Sunshine Coast Estate to CPG

Stockland Sells 50pc Interest in Sunshine Coast Estate to CPG

Private developer Capital Property Group has snapped up a 50 per cent interest in Stockland’s largest masterplanned community, a 20,000 lot estate located on the Sunshine Coast.

Stockland says the major project has an end value of $5 billion, with the deal struck with billionaire Terry Snow’s CPG, representing a 30 per cent premium to book value.

Stockland chief executive Mark Steinert said the move was in line with its strategy to bring capital partners to invest with Stockland in delivering large scale projects.

“This is a long term investment given the life of the project,” Steinert said.

The Sunshine Coast estate, comprising 20,000 lots, is forecast to become home to 50,000 people over the next 20-to-30 years.

“Aura is one of the largest masterplanned communities in Australia… [CPG] will invest alongside us to continue the creation of an outstanding new city on the Sunshine Coast, combining affordable homes, retail town centres and business parks,” Steinert said.

Stockland Sells 50pc Interest in Sunshine Coast Estate to CPG 1

Terry Snow’s Capital Property Group developed and owns the Canberra Airport. It also has a mixed-use project, Constitution Place, underway in Canberra’s CBD.

Snow joined the billionaire club in 2017, largely thanks to his smart investments, chiefly the Canberra airport, which he purchased in 1998 with a 99-year lease from the Federal government for $65 million.

And with the Sunshine Coast’s international airport development under way, Snow describes the Sunshine coast region as “an exciting growth area” in Australia.

“It will drive growth in the many industries that are expanding on the coast,” he said.

“When you couple that with the climate and the scale of Stockland’s vision, this is a long-term project that we are very excited to support.”

Stockland Sells 50pc Interest in Sunshine Coast Estate to CPG 3

Stockland will continue to manage the development and delivery of the Aura estate, including the delivery of infrastructure to be rolled out under existing agreements with local and state government.

Steinert said partnerships like this would strengthen its balance sheet, and free up capital to invest in other counter-cyclical deals.

“Including our workplace and logistics development pipeline and additional residential community acquisitions,” he said.

While profit related to this transaction will be recognised in financial year 2020, the ASX-listed company is scheduled to release its full year results in August.

 

 

Source: theurbandeveloper.com

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