BEACH ESTATE TO BOOM
One of the last remaining beachfront estates on the east coast of Australia is proving to be a sizzling hot property, with more than 800 people registering their interest even though sales don’t launch until July.
Stockland’s Bokarina Beach, part of the $5 billion Oceanside development on the Sunshine Coast, has experienced a spike in inquiries since the recent opening of the Sunshine Coast University Hospital at Oceanside. Stockland senior development manager Mark McMahon said the high level of interest came as no surprise.
“This is one of the last remaining developable parcels of beachfront land of its size on the east coast of Australia, and our vision for Bokarina Beach as a vibrant seaside community with an enviable lifestyle is resonating strongly with prospective home buyers,” Mr McMahon said. “Bokarina Beach is just minutes from the new Sunshine Coast University Hospital and will have direct connections to the Sunshine Coast Health Precinct and future Oceanside Town Centre.
“I expect demand to ramp up in coming months as we draw closer to the first land release.”
Bokarina Beach will be a mixed-use residential, retail and tourism hub, including about 160 home sites, 130 terrace homes and 800 beachside apartments in buildings ranging from four to eight storeys.
Detailed pricing will be released closer to the start of sales in July, but interested buyers can register at stockland.com.au
The community will be developed in stages, with construction expected to be completed on the final stage by about 2020.
The estate will have boutique shops, cafes and restaurants, with plans for a new public beach access and a new surf life saving facility, and more than 5ha of open space, including parkland and the Lake Kawana extension, ensuring all residents are just a short stroll from the beach, lake and green open spaces.
Stockland’s Bokarina Beach residential precinct (close to the Sunshine Coast University Hospital) is generating strong early interest from buyers ahead of the first land release, which is scheduled for July.