North Shore life attracts the buyers
LISTED company Stockland expects land sales at its masterplanned North Shore community to pick up a notch following the opening of its shopping centre.
North Shore project director Ben Simpson said yesterday when the estate was first launched in 2008, the company expected to sell about 200 homesites a year and that figure had now been revised upwards to around 350 a year.
‘‘ We expected sales to grow steadily as the community took shape and for facilities to be a catalyst for expanded sales,’’ he said.
The 5 6 0 0 s q m s hopping centre, the first stage of what ultimately will become a regional shopping centre, was officially opened by Mayor Les Tyrell yesterday and is anchored by a Woolworths store.
Home-grown businesses at the centre, off North Shore Boulevard, include newsagency North Shore News, hair salon Brigotz Hair, coffee house Millie J & Co, pharmacy United Discount Che mi s t , e s t a t e a g e n c y Re max Co n n e c t i o n a n d Angliss Meats.
National businesses include Woolworths, Flight C e n t r e , C o mmonwea l t h Bank branch, Civic Video, BWS, and financial services provider Wide Bay Australia.
Mr Simpson said the shopping centre would be expanded progressively.
‘‘ The initial expectation was to leave five years between stages, but the project may be speeded up.
‘‘ The progress of its evolution depends on a combination of expansion of the community, the centre’s core customer base, and demand from retailers for space.’’
Some 650 lots have been developed to date at North Shore, which is already home to a community of about 1000 and is being rolled out progressively on
VILLAGE EMERGES: Woolworths area manager Craig Hedley a 1000ha parcel near the northern bank of the Bohle River.
It ultimately will comprise about 5200 homes, a town centre with commercial space, a 40,000sq m regional shopping centre and feature a range of community facilities.
A new batch of about 40 home sites was released for sale last weekend to coincide with the opening at North Shore of a 24-home display village, the largest in North Queensland.
Mr Simpson said the next community-focused project to be undertaken would be development of a 900sq m medical centre on the corner of Main St and North Shore Boulevard.
The centre will form part o f Nor t h S h o r e ’ s Co mmunity Health and Wellbeing Precinct, which includes a pool with water play areas that is already in place and to which indoor sports facilities will soon be added.
‘‘ The medical centre will house general practitioners and specialist medicos and a l r e a d y i s a l most f ul l y leased,’’ he said.
Town centre-style facilities to be developed later include a tavern with bistro and function rooms.
It will overlook a town square, which will form the civic heart of North Shore.