KAWANA LIFESTYLE
SPRING 2015 A COMMUNITY UPDATE BY RAY WHITE KAWANA
FROM BEN’S DESK WE CERTAINLY LIVE IN EXCITING TIMES HERE ON THE SUNSHINE COAST.
This time last year we were celebrating the move into our new office at Capital Place and since then the Sunshine Coast and in particular the Kawana Health Hub precinct has become a major focus for local, national and international investors.
Demand for property at our Ray White Kawana office is at its highest level in years, sales are ticking along at a solid rate with steady price increases and our rental vacancies have been hovering at 1% or lower for most of the year.
Much of this activity can be credited to leading national developer Stockland who are driving the $5 billion Oceanside Kawana precinct which will see health, retail, commercial, education and residential projects come together to create a world class destination. Check out the great project video at www.oceansidekawana.com.au
Our advice to those people uncertain if the time is right to buy is that demand and prices are likely to increase with the hospital nearing completion and set to open late next year so the best time to commit to a new home is now.
It’s a rare opportunity where billions of dollars are being investment in an area which encompasses around 140 hectares of land and the market is now seeing the benefits of this new infrastructure.
Regards,
Ben Wilson | Principal
OUR TEAM TOURS MAJOR NEW HOSPITAL SITE It’s not everyday that a game changing multi billion dollar project is being developed in your back yard and when the opportunity came up to tour the new Sunshine Coast Public University Hospital (SCPUH) with key Lendlease personnel we took it up with both hands. Ben Wilson said his team has heard for a long time about the enormous impact that the new hospital will have on the local economy but it was hard to get a true perspective until they visited the site.
“We’ve seen the many cranes in the sky and the construction team grow over the past year but it was important for my team to see first hand how big the project will be and the good news for our clients is that we can pass this information onto them first hand,” Ben said. The Ray White Kawana team were fortunate enough to have a personal tour of the new Sunshine Coast Public University Hospital (SCPUH) with Lendlease communications manager Nicky
Graham to see first hand how the new facility will benefit the region and service our future medical needs. The big upside, not only from the improved health services to be available, is the number of new jobs to the area and that is what excited our team the most. The $1.8 Billion hospital precinct will require 3,500 jobs when it is completed in late 2016 and 6,000 staff will be required by 2021.
“It is a true game changer for the region and it was exciting to be onsite and see for ourselves the enormity of the project. We know the whole region will benefit from this project and the influx of new home buyers and investors will provide a significant boost for the sunshine coast, particularly those in close proximity to the health hub,” said Ben.
Following is a quick snapshot of the major projects currently underway at Kawana:
$1.8b
The 450 bed, Sunshine Coast Public University Hospital
$15m
Best Western Motel
$18m $21m
8 storey 581 bay carpark with ground floor retail space
Pulse Oceanside Medical complex
The team from Ray White Kawana on site with Nicky Graham, Lendlease Communications Manager. Nige Baker, Jase Van Dyk, Nicky Graham (Lendlease), Ben Wilson, Kathy Taylor, Matt Glynn, Joanne Leach, Kelly Pares