This article is from the Australian Property Journal archive
A MAJOR site within the Caloundra CBD has hit the market with approval for a $120 million lifestyle precinct attained for the spot.
The 4,360 sqm site dubbed ‘Verre’ is located at 135 Bulcock Street with Henzell Property Group opting to give up the property in order to focus on a separate project.
Most of the work has already been completed on the development of the precinct, with sales director Marcus Muir emphasising the grand opportunity this presents in the Caloundra area.
“The 135 Bulcock Street site was secured by the Henzell Property Group and a design competed that would enhance the gateway to Caloundra,” Muir said.
“It was very important for the family to design something that works for the local market and with the heavy lifting done, now represents a great opportunity for a developer to secure a DA approved site in such an iconic location.”
“Verre is approved for 70 luxury one, two and three-bedroom apartments and penthouses ranging from 95sqm to 263sqm rising above a boutique laneway precinct with restaurant and office,’’ he said.
Brendan Robins from CBRE and Marcus Muir from Henzell have joined forces in taking Verre to the open market. The site has been designed by Sunshine Coast firm O.G.E Group Architects. It spans nine levels with incredible views within the project that aims to reflect the natural forms of local coves and headlands It contains high end dwellings with lobbies, communal areas and a resort pool and it is situated just a brief stroll from Caloundra’s key facilities and services.
This follows Caloundra City Centre (51-55) in being another Bulcock Street property to hit the open market in 2022.
Henzells Property Group has turned their focus to continue ploughing ahead with The Cove master development – a 200-apartment residential community in South East Queensland.
