Rare Corner Block Site in Sunshine Coast Health Hub Hits the Market
A large, centrally-located corner block opposite a modern, new $1.8 billion public hospital is certain to attract keen interest from developers seeking to become part of the Sunshine Coast’s booming health and wellbeing hub.
The 3600sq m property – lot 907 on the corner of Eccles and Florey Boulevards – is one of the best positioned, yet-to-be-developed sites within the Sunshine Coast Health Precinct in the flourishing suburb of Birtinya.
The health hub, anchored by the Sunshine Coast University Hospital set to grow to a 738-bed facility and accommodate 10,000 patients a year by 2021, represents Australia’s single largest investment in health infrastructure.
It will deliver billions of dollars to the regional economy, generate 16,000 ongoing jobs, and offer enormous investment opportunities for specialist and ancillary health businesses.
The massive Stockland-developed health hub is a two-minute drive to the developer’s $87 million Birtinya shopping centre, and only a kilometre or two from its Bokarina Beach residential, retail and tourism project, nearing completion right on the coast.
The property is being offered for sale by CBRE Sunshine Coast and Savills, two of the region’s leading commercial agents.
CBRE Sunshine Coast managing director Rem Rafter said it was a time of unmatched growth in and around Birtinya, and throughout the wider Sunshine Coast region.
“Development sites in outstanding high-profile positions like this rarely become available,” he said. “As the health hub expands, hundreds of homes are being built to accommodate residents taking up the thousands of new jobs on offer.”
As well as the Sunshine Coast University Hospital, which has quickly assumed the mantle of the region’s primary public hospital, the health precinct accommodates Ramsay Health Care’s Sunshine Coast University Private Hospital, and the $60.8 million Sunshine Coast Health Institute.
The 17ha Sunshine Coast Health Precinct is a magnet for ideas, a place where entrepreneurs and knowledge-economy firms are operating in an idyllic coastal setting with access to the world’s most modern technology.
It’s where teaching and research is carried out in a culture of innovation and excellence.
The Sunshine Coast’s Health Institute – just along Eccles Boulevard from Lot 907 – caters for more than 1000 medical, nursing and allied health students from TAFE Queensland East Coast and the University of the Sunshine Coast.
Here, research is being undertaken into diseases, trends and risk factors as well as treatment outcomes, patterns of care, and best practice health care systems.
A new clinical trials unit has just opened at the Sunshine Coast University Private Hospital to give patients access to new therapies – further evidence of the precinct’s importance as a research district of world standing.
Health is big business on the Sunshine Coast, with the industry employing more than 20,000 people to be the region’s largest employer. By 2033, the health and wellness industry is predicted to double its share of the employment market.
Huge investment in health infrastructure has been one of the major drivers of the Sunshine Coast economy over the past five years.
A recent Urbis report predicts that heavy spending on the health sector will continue into the next decade, leading to thousands of new jobs in the health care and social assistance industries.
The health and wellbeing industry is driving growth in all economic categories, ensuring a positive future not only for the sector, but for the entire Sunshine Coast.
Lot 907, with roughly equal frontages to Eccles Boulevard and Florey Boulevard, is suitable for the establishment of an eight-level building which would attract businesses with a connection to health care.
This could include health funds, medical products, pharmaceutical companies, research and development, pharmacies, gift and florist shops, banking and government agencies, or hospitality facilities.
The property is close to the major regional centres of Caloundra and Maroochydore, and within a few kilometres of the rapidly-growing residential communities of Harmony and Stockland’s Aura, where nearly 70,000 people are expected to make their home.
The property is for sale by offers of purchase, closing at 12pm, Wednesday, 7 August, 2019.
Rem Rafter
Managing Director
CBRE - Sunshine Coast
0408 714 420
rem.rafter@cbre.com.au
Mark Dann
Director
Savills - Sunshine Coast
0408 778 756
mdann@savills.com.au
The Urban Developer is proud to partner with CBRE to deliver this article to you. In doing so, we can continue to publish our free daily news, information, insights and opinion to you, our valued readers.
