Wise Move in Cove Purchase


Sunshine Coast Daily, January 2011

Rob and Anna Oliver can’t wait to move into their little slice of paradise, confident it will be a wise investment. The couple will be the first of thousands of residents who will eventually call Sunshine Cove home- the final major development site in central Maroochydore, more commonly known as Wises Farm.

The first stage of the estate’s residential development is under way on the 106-hectare site that was formerly farmland, and it marks a significant milestone for the area, which is destined for about 700 residential lots, parks, lakes and boardwalks, not to mention the commercial elements.

Sunshine Coast Real Estate director Penny Service said while some of the development has been classified medium to high density, it was intended to cater for the growing demand of the area.
“The CBD is a calling card for Maroochydore and it’s complementary to the whole of the Coast,” Penny said. “People are definitely purchasing now because they see the potential, but there are people who are just after that style of living.”

The proposed CBD was a deal breaker for the Oliver’s who are building the first house along Sunshine Cove’s Amity Avenue. “The CBD was a pig part of our decision, especially with the new transit centre coming,” Rob said. “Maroochydore is so central to everything and people will probably only realise it after everything has happened.”

Although Rob has been on the Sunshine Coast for 30 years and grew up in Alexandra Headland, he has lived in other areas of the Coast such as Noosa. But it was Maroochydore’s future development and potential that brought him back to the central region. “At the moment we’re living in a unit in Cotton Tree which we’ve sold because we wanted to move back into a house. We decided to settle in Sunshine Cove mainly because of its proximity, although we had looked at land all over the Coast,” Rob said.

The Olivers purchased a 268sq m lot in the estate and are building a two-storey home with swimming pool and garage despite their land being less than half the size of traditional blocks in other areas of Maroochydore. Yet sales have indicated buyers are happy to compromise block size for convenience, proximity and lifestyle.

“In our first release we had blocks starting at 200sq m and our largest lots were about 441sq m, but as we move through the development we’ll see some larger allotments come through of about 800sq m,” Penny said. “The interest has been surprising. It seems to be meeting so many needs of such a wide variety of people. And I guess its reflective of living in the middle of a city.”

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