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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

Largest sales activity fall in Queensland recorded across Gold Coast: CoreLogic

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Largest sales activity fall in Queensland recorded across Gold Coast CoreLogic

Gold Coast sales activity has fallen 17% over the year to February 2019, according to the latest CoreLogic Regional Report.

The report suggests it was the largest fall recorded across all five regions in Queensland.

Of the 15,475 dwellings that transacted, 43% were houses, while 57% were units.

Largest sales activity fall in Queensland recorded across Gold Coast CoreLogic 1

Gold Coast home values are down slightly when compared to March 2018, with house values falling -2.8%, while unit values are down -0.4% over the year.

Largest sales activity fall in Queensland recorded across Gold Coast CoreLogic 2

The advertised rental rates across the region increased by $20/week for houses and $10/week for units over the year, an increase of 3.7% and 2.4% respectively.

The average home is taking an additional 14 days to sell for houses and 13 days for units when compared to February 2018, while the average vendor discount has increased to -6.4% for houses, and -6.3% for units over the same period.

The CoreLogic Regional Report reveals challenging property market performance across Australia’s regions, with falling sales activity in the 12 months to February 2019.

Largest sales activity fall in Queensland recorded across Gold Coast CoreLogic 3

 

Source: bloorhomes.com.au

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Star Launches Skyscraper at $2bn Broadbeach Masterplan

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Star Launches Skyscraper at $2bn Broadbeach Masterplan

ASX-listed Star Entertainment Group has fast-tracked residential sales in Broadbeach, bringing forward construction of the second mixed-use tower at its Broadbeach Island masterplan.

The $500 million skyscraper will deliver 457 apartments over 63-storeys to market, with construction expected to commence in mid-2020.

The fast-tracked release will add to growing confidence in the Gold Coast high-rise residential market, which experienced an uptick in sales over the March quarter.

The Star Queensland managing director Geoff Hogg said the consortium has expedited sales due to demand for real estate on Broadbeach Island. The first residential tower, which kicked off construction last year, has clocked 92 per cent in sales to date.

“The sales success of the first tower and it being under construction gives a lot of people confidence about our masterplan and what we’re doing,” Hogg told The Urban Developer.

“Obviously the market has changed a lot, but until you start selling you’re never quite sure how the market has shifted and where it will come from.

“[But] off the back of tower one we’re confident there’s market demand there and we will know a little more about those trends in the near future.”

Star Launches Skyscraper at $2bn Broadbeach Masterplan 1

The $400 million, 53-storey first tower will deliver a 316-key Dorsett Hotel — the first of its kind in Australia — and 423 residential apartments.

Hogg’s confidence in the Gold Coast extends to the investor market, which he said was still strong.

“Because the pre-sales for one-bedroom apartments went so well, we feel like there may be 50 per cent — or even slightly higher — of sales to investors,” Hogg said.

“Obviously it’s hard for us to gauge until we find out who wants to participate in the letting pool.”

The Star-led Gold Coast Consortium is a joint venture with Far East Consortium and the Hong Kong-based Chow Tai Fook Enterprises. Each partner has a third equity share in both mixed-use towers.

Star Launches Skyscraper at $2bn Broadbeach Masterplan 2

The $2 billion-plus Broadbeach island is home to two existing hotels — the 600-room The Darling, which was opened ahead of the Commonwealth Games, and the recently refurbished Star Grand.

An operator for the 210-key hotel in the second tower will be named in the coming weeks, which Hogg says will be a new hotel brand not available on the Gold Coast.

“It will be a very exciting addition and the fourth hotel available on the island.”

In addition to the construction of the Dorsett Hotel tower and The Star Residences Gold Coast apartment tower, the Star Gold Coast masterplan includes The Darling and has approval for four more towers making it the largest integrated resort in the country.

The Star, Far East Consortium, Chow Tai Fook joint venture has more than $6 billion in development under way including Brisbane’s Queen’s Wharf and West Side Place in Melbourne.

The group is still working through an approval process for a $500 million Ritz-Carlton hotel in the Pyrmont-Darling Harbour precinct.

 

Source: theurbandeveloper.com

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Government Signs Off On Sunland’s Gold Coast Marina

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Government Signs Off On Sunland’s Gold Coast Marina (1)

The state government has overturned regulation blocking extensions to Sunland’s $82 million masterplan community at Benowa’s Royal Pines Marina on the Gold Coast.

The Royal Pines Marina, which was once a bustling Gold Coast landmark of the 1980s and 1990s, has undergone a multi-million-dollar transformation over the past decade to become vibrant waterfront residential, retail and leisure destination.

Developer Sunland completed its apartment development, Marina Concourse, in November, comprising a collection of north-facing, waterfront apartments overlooking the Royal Pines Marina, PGA Championship golf course, and the Nerang River.

The state government now has overturned regulation, enacted in the late ’80s, which was hampering amenity extensions to the 110-apartment development.

Signing off on changes to resort’s development scheme, the Palaszczuk government has enabled the way for construction of the proposed additions.

Government Signs Off On Sunland’s Gold Coast Marina 1 (1)

Minister for state development Cameron Dick said the changes to the approved scheme, under the Integrated Resort Development Act 1987, would now allow a proposal for new uses within the Marina precinct.

“These proposed uses reflect the changing needs of the resort and its residents and will allow commercial uses for the area that are not significantly different to existing uses.”

“When the Act was written in the 1980s, the existing planning, titling and body corporate management legislation could not facilitate a large-scale mixed-use resort development like Royal Pines Resort.”

A child care centre, food and drink outlets, commercial services or a recreational facility will now be put forward for development.

The resort’s body corporate management put forward the proposal after consultations with residents of which 100 per cent were in agreement.

The proposal will still need to be in accordance with development control by-laws for the Resort which are overseen by the resort’s body corporate.

“By approving of these amendments, we have changed the future of Royal Pines Resort for the better,” Dick said.

Sunland group managing director Sahba Abedian told The Urban Developer he welcomed the State Government’s amendment to the Royal Pines Resort development scheme.

“The amendment will enable us to deliver the final touches to our vibrant mixed-use precinct adjoining the Royal Pines Marina to provide broader amenity and benefits to the local community.”

“At the marina level, these are complemented by the new Marina Village retail precinct, home to the newly opened State of Sahaja yoga studio, Superfish Swim School, Alliance Abroad, Century 21 Central GC, and Sunland’s Gold Coast offices.

“In mid-2019 these tenants will be joined by Double Barrel Kitchen and Bar.”

“Under the amended scheme, Sunland is now also able to deliver a community childcare facility and early talks are already underway with a potential operator.”

Government Signs Off On Sunland’s Gold Coast Marina 2 (1)

Late last year, Sunland Group lodged a development application with the Gold Coast City Council for a 16-level boutique apartment project in Labrador.

The site has existing approval to deliver a 35-story tower with 217 apartments, although Sunland’s revised proposal would deliver half that with its plans for a 16-story residential tower designed to capture the attention of the owner occupier market.

Construction is also under way at the group’s $250 million high-rise development on Hedges Avenue in Mermaid Beach.

The 97-apartment development will be the first high-rise on the
Gold Coast in over a decade.

 

 

Source: theurbandeveloper.com

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