The commercial property sector on the southern Sunshine Coast is enjoying a sustained period of confidence due to quality infrastructure development and a strong jobs outlook.
Our commercial manager Paul Bell says the past 12 months has seen significant increase in demand for both free hold and lease hold commercial businesses.
“Quality lifestyle residential projects such as the new marina and town centre at Pelican Waters plus the Aura development are bringing waves of new residents to the area,’’ Paul says.
“The owner operator model in Caloundra has always been strong, however we are seeing demand increasing even further with families coming to the area looking to run their own businesses.
“Occupancy in the CBD and the growth area of Bells Creek is very high particularly with the smaller retail spaces, and there are some great opportunities for people seeking larger premises.”
A mixture of investors and owner-occupiers are swooping on industrial units in Bells Creek. HM Developments Bells Creek Business Park stage one has totally sold out, and enquiry levels are ramping up for stage two which starts construction in August.
Stage two of the industrial strata-titled units in at Bells Creek Business Park will comprise opportunities ranging in size from 56 to 179sqm, starting from less than $200,000.
Signs north of Currimundi Creek are also encouraging with developments such as the Kawana Health Precinct and the Maroochydore City Centre creating a positive flow-on effect and attracting significant national investor interest.