Some of the Sunshine Coast’s most prominent developers and businesspeople are transforming Bokarina Beach from what was a “patch of dirt” to a new coastal hub.
Cube Developments’ Oasis complex is almost sold out after it achieved sales worth $50m in its first week.
The 56-unit complex at the last remaining beachfront site was a no-brainer development for owner Scott Juniper.
“Knowing there would be infrastructure on the ground for parklands and breakout areas, the surf club and a sports hub, I knew it would be an exceptional area.
“On that basis we worked really hard to secure the site.”
Mr Juniper said he considered development at Bokarina Beach as “premium” and wanted his company to be in the mix.
“There was an opportunity to do the most premium building in that precinct.
“We could have put 75 apartments there but we chose to do 56 to have more of a premium offer.”
“Bokarina Beach as a precinct has evolved dramatically over five years ago when it was really a piece of dirt.
“It’s a premium beachfront precinct that is only going to get better.”
Two-bedroom units started at $800,000 with penthouses setting buyers back $3.2m.
“Our sales team had 40 apartments booked on the first day of Oasis’ soft launch, 25 of which sold that very same day,” Mr Juniper said.
“There’s been a sense of urgency and we’ve certainly had people vying to get a piece of the action.”
Publication: Courier Mail
Author: Tegan Annett