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

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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

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Developments

Real Estate Gold: Surfers Paradise Block Hits the Market

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Real Estate Gold: Surfers Paradise Block Hits the Market
An entire city block in the heart of Surfers Paradise is being offered to the market for the first time in over 40 years.

3 Cypress Avenue covers over 1-hectare adjacent to a Gold Coast light rail station – a state-of-the-art infrastructure system. It enjoys a direct pathway to the beach, as well as stunning views of the coastline.

The site is being marketed by CBRE’s Jonathan O’Brien and Mike Walsh and Knight Frank’s James Branch and Mark Witheriff.

58f99c1b-8029-49af-8ef6-71237832eb01

CBRE’s Jonathan O’Brien said the development site is a very strategic holding with flexibility for a huge range of uses (STCA).

“The site has the advantage of mixed-use zoning with no height restrictions. We envisage a potential masterplan approach with any number of development options including residential, retail, commercial and a hotel,” O’Brien said.

“This is an outstanding opportunity to acquire a central beachside development site on this scale without any material impediments to development and a pro-development local council. We expect to receive interest from a range of national and international developers.”

Knight Frank’s James Branch said that the size of 10,418 square metres is impossible to replicate so close to the Surfers Paradise CBD precinct.

Rail image

“The flexibility in design and use, as well as the sites proximity to the very active heart of Surfers Paradise and very importantly its immediate access to the new Gold Coast Light Rail system, makes the site an inimitable prospect,” Branch said.

“With the extremely limited ability to create a site of this scale in central Surfers Paradise and with these attributes, the opportunities are seemingly limitless.”

“The Gold Coast, with Surfers Paradise at its heart, has long since been the tourism heart of Australia. Now with the Commonwealth Games, increasing infrastructure spending and the ever-increasing global presence of the Gold Coast, this market sector is set to continue to grow.”

Knight Frank’s Mark Witheriff said that he expected the Gold Coast tourism sector to continue to strengthen and underpin the potential use of part or all of the site for hotel-style accommodation.

“This is supported by the most recent tourism statistics showing that visitors to the Gold Coast has increased to 12.9 million per annum, spending in excess of $5 billion, and 1.1 million international passengers through the Gold Coast airport in the same 12 month period,” Witheriff said.

“With an extremely limited supply of any new short term accommodation being supplied, there is an ever-increasing pressure to adequately supply this market sector. We can’t identify a more suitable site for the new accommodation to cater for this market.

“Again the location of the light rail station on the doorstep of the site provides perfect access for tourists to easily access the coastal strip and eventually to the Gold Coast airport.”

Expressions of Interest for the site close on Tuesday, 24 April 2018.

Originally Published: theurbandeveloper.com

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Developments

Gold Coast Council Approves $550m Regeneration of Old Hospital Site

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Gold Coast Council Approves $550m Regeneration of Old Hospital Site
The site of the former Gold Coast Hospital in Southport will be transformed into a $550 million masterplanned residential hub, with council giving their tick of approval for the first stage of “Queen Street Village”.

Stage one includes the Palladium – a 19-storey building which features 17 levels of residential apartments ranging from one to three bedrooms and a retail piazza on the ground level.

Stale hospital rooms will be replaced with apartment views of Surfers Paradise as Brisbane-based developer, Property Solutions has proposed a seven-tower development on the 3.2-hectare site.

QSV PV

The proposed seven towers will range in height from 16 to 25 storeys and the site will include a residential care, a retirement facility, theatre, health care services, food and drink outlets along with a showroom and offices.

Property Solutions sales and marketing director Craig Wright says the initial research identified the large site as the ideal place for the Village with proximity to Southport CBD and the local population expected to grow 3.5 per cent per annum over the next 20 years.

The $550 million village will be developed over the next six to eight years on the site bound by Queen Street, Nerang Street and Little High Street in Southport.

Other Property Solutions developments include James Street at Fortitude Valley, The Barracks at Paddington, SW1 at Southbank and the urban redevelopment of Nundah Village.

Originally Published: theurbandeveloper.com

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Developments

Star Launch New Gold Coast Hotel

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Star Launch New Gold Coast Hotel
Star Entertainment Group will officially open their new hotel at the Star Gold Coast later this month ahead of the Commonwealth Games.

The new 17-storey hotel, “The Darling”, features 57 rooms ranging in size from 70sq m to 328sq m. The group is currently undertaking a $345 million refurbishment of The Star Gold Coast in Broadbeach.

The launch comes as the ASX-listed Star Entertainment recorded a first-half statutory net profit loss of 76.8 per cent to $32.9 million weighed down by $32 million of significant items and debt restructuring costs.

The group announced that it recorded normalised net profit of $120 million, up 12.4 per cent from the corresponding period, with chief executive Matt Bekier saying the performance of the Star’s Queensland properties had been “pleasing” in the first months of 2018.

The STar

The Star Entertainment Group managing director Geoff Hogg said the Star team was preparing to finally unveil the hotel after three years.

“The Darling positions The Star Gold Coast at the premium end of the market and ensures the Gold Coast has an even more compelling value proposition as we seek to compete on a global scale for domestic and international visitors,” Hogg said.

Designed by Steelman Partners, the hotel was delivered by DBI Design and Probuild.

The Darling connects to the recently refurbished five-star hotel, The Star Grand.

Pending successful pre-sales, the planned addition of the first mixed-use residential apartment and hotel tower on Broadbeach Island – the 53-storey tower The Star Residences – could be the first of up to five within a future master plan as part of a joint venture with Hong Kong-based partners Chow Tai Fook and Far East Consortium.

Together, the refurbishment of the existing property and the development of both The Darling and the proposed hotel and residential tower would involve a combined investment of up to $850 million.

The Gold Coast is the second Star hotel to adopt The Darling brand joining The Darling at The Star Sydney.

Last month the Gold Coast Airport revealed plans for a $50 million Rydges-branded hotel as part of the airport’s Preliminary Draft Major Development Plan. It would include a four-star Rydges hotel in the precinct, featuring up to 200 rooms, conference facilities and a roof-top bar, swimming pool and restaurant.

Originally Published: theurbandeveloper.com

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