PRADELLA Property Ventures has launched a master-plan for the development of the Seachange Riverside Coomera enclave on Queensland’s Gold Coast, moving to raise the bar again on over-50s lifestyle resorts.

The recent on-site launch event gave prospective purchasers “a real taste of why Seachange was the recipient and winner of the World’s Best Lifestyle Resorts in 2017” according to Pradella director of sales and marketing, Alex McMahon. 

Riverside Coomera will be the third Seachange property in Pradella Property Ventures’ portfolio.

“Following the overwhelming buyer response to Seachange Village Emerald Lakes, we felt it was the ideal time to address the huge demand for another Gold Coast over 50s lifestyle resort,” Mr McMahon said.

“Seachange is positioned on the river at Upper Coomera with direct boating access, and full amenities are at your doorstep. The Riverside Coomera site is also well positioned to address the demand for a resort in a blue-ribbon location.

“We are now fully DA approved. The site comprises two sites and the second has just been fully approved.”

Riverside Coomera features 124 premium homes in a master-planned, gated country estate. It incorporates a five-star Country Club and River House complete with heated lap pool, spa, sauna, library, cinema, treatment room, lounge, bowls green, twin pickle ball courts, gym, art studio, men’s shed workshop, meeting room and bar.

“If you’re after a luxurious over 50’s lifestyle, look no further than Seachange Riverside Coomera,” Mr McMahon said. 

“Lifestyle was a big focus when we designed the Coomera community – everything is designed to energise and invigorate the people who live there.

“Residents will be surrounded by other independent, like-minded people and they can engage in a range of health and wellness activities in centralised facilities onsite. They can catch a movie or musical performance at the country club; work out in the fully equipped gym; relax with a massage; or do some fishing from our own pontoon,” Mr McMahon said.

“Moving to Seachange is not about changing where you live, but how you live.”

Seachange Riverside Coomera offers a range of architecturally designed contemporary two and three bedroom home designs ranging in price from $459,000 to $749,000.

“All the homes at Seachange Riverside Coomera are pet friendly and installed with a private intercom integrated to the main gate, delivering security, safety and peace of mind for residents.  Best of all, we take care of all of your lawn and garden maintenance, allowing you to sit back and relax,” Mr McMahon said.

According to McMahon, The choice of luxury low set or high set homes is compatible with buyer preference, superior finishes and appliances are all inclusive “set in a very desirable location providing a viable solution for our downsizing market”.

“The market conditions in Coomera are some of the strongest in South East Queensland off the back of Westfield’s Coomera Town Centre development which will offer a huge incentive to our purchasers,” McMahon said..

Seachange Riverside Coomera is located at 29 Ghostgum Grove, Upper Coomera, and has local shopping, medical and transport options within a short drive.

Pradella Property Ventures Group is one of Queensland’s most innovative and longest-established property developers. The group was originally part of the Pradella Group of Companies, headed up by brothers David and Kim Pradella. Since a corporate restructure in 2007, Pradella Property Ventures  has developed its own brand focused on innovative lifestyle and tourism-related developments, led by managing director David Pradella.


BUILT ENVIRONMENT construction giant John Holland is taking a stake in the re-imagined new Maroochydore city centre, looking at a completed development value of more than $200 million.

Sunshine Coast Mayor Mark Jamieson recently signed a memorandum of understanding (MoU) with John Holland representatives, the University of the Sunshine Coast and SunCentral Maroochydore Pty Ltd . The deal opens the way for negotiations on developing multiple lots in the city centre.

Discussions between the parties include potential pre-commitments from the Sunshine Coast Council and the University of the Sunshine Coast, subject to further negotiations.

Mayor Jamieson said the MoU demonstrated the “superb, quality investment opportunity that the Maroochydore city centre offers in one of the fastest growing and most dynamic regions in Australia”. 

“To have a company of the calibre of John Holland, with an international track record, seeking a significant stake in the new Maroochydore city centre is a huge vote of confidence by a Tier One property developer in the future of the Sunshine Coast,” Cr Jamieson said.

“We are creating Australia’s first truly smart city for the 21st Century – one which will generate thousands of construction jobs, more than 15,000 permanent jobs and provide a $4.4 billion boost for the local economy.
“John Holland obviously understands the value in being part of the early stages of this development and the growth trajectory of our region, with the development of a new CBD, the opening of the new Sunshine Coast University Hospital, the expansion of the Sunshine Coast Airport and our plans for an international broadband submarine cable linking the region directly to global markets.”

Sunshine Coast Council has already committed to having its primary civic presence in the core commercial precinct.

“This will include customer service facilities, a council chamber and work space accommodation for staff and Councillors, although we will continue to maintain a decentralised work force at Caloundra and Nambour,” Cr Jamieson said.

“Our council represents the whole region and will always ensure it maintains a strong presence in major centres like Nambour and Caloundra, in the interests of accessibility to our customers and our community.

“But equally it is important that our presence in Maroochydore is consolidated and housed in a corporate headquarters in our new city centre.”

John Holland CEO Joe Barr said the Maroochydore CBD development was a landmark project which would leave a legacy for future generations on the Sunshine Coast.
Mr Barr said the company believed the city centre had enormous potential, being in the heart of one of the nation’s most desirable and fastest growing regions and just 10 minutes from Australia’s newest international airport, due to open in late 2020.
“If you look at what’s happening right now and the infrastructure being rolled out, it’s very clear the Sunshine Coast is on the move and has an incredibly bright future,” Mr Barr said.
“John Holland is keen to pursue this development opportunity and we look forward to releasing further detail about our proposal in due course.”
The Sunshine Coast is not new to John Holland, having successfully delivered the $150 million Sunshine Coast University Private Hospital in Kawana, which opened in 2013.
The company also has a strong development pipeline with investments in Brisbane, Sydney, Melbourne and Adelaide.
University of the Sunshine Coast vice-chancellor, Greg Hill said the university was participating in the exclusive negotiations with John Holland, the council and SunCentral Maroochydore, with a view to a future presence in the Maroochydore city centre. This may include a combination of student accommodation, teaching and community spaces.
“This is an exciting opportunity, and, after working together for 20 years, our partnership with Sunshine Coast Council is being taken to a new level,” Professor Hill said.
SunCentral chairperson Doug McTaggart said submissions had been received from companies across a range of sectors since expressions of interest in the core commercial precinct opened last year.

“The core commercial precinct in the Maroochydore city centre includes lots for commercial office buildings, retail space and approximately 600 residential apartments, as well as a new waterway, parks and plazas,” Dr McTaggart said.
“John Holland’s proposal for the Maroochydore CBD is certainly impressive and discussions with their representatives are well advanced.

John Holland’s submission could see the company awarded development rights over key commercial lots currently in the market.

“This is just the beginning. It’s very clear that the Sunshine Coast region is coming of age and the future is here” Mayor Jamieson said.


THE Federal Government has confirmed funding of $24 million toward the upgrade of the Cairns Marine Precinct.

Agreements have been signed with Norship Marine, BSE Cairns Slipways and Tropical Reef Shipyard with funding to flow from the Federal Government to undertake a variety of works to increase the capability and capacity of the existing shipyards.

The Cairns Marine Precinct provides facilities and support services to the Australian Defence Force while providing a critical contribution to the local economy and local jobs, according to Defence Industry Minister Christopher Pyne. 

Mr Pyne said the projects would include over 170m of wharf construction, upgrades to electrical and fire systems, workshop construction, security systems, hardstand resurfacing and construction of an additional 135m of slipway rail.

“More than $400 million of maintenance work on the replacement fleet of up to 21 Pacific Patrol Boats will be conducted here,” Mr Pyne said.

Federal Member for Leichhardt Warren Entsch said the delivery of this commitment would ensure Cairns was well placed to secure additional maintenance and sustainment work for commercial customers and the Royal Australian Navy.

“Over 1,300 people are employed in the shipbuilding, repair and service sectors in the region,” Mr Entsch said.

“This work will sustain immediate construction jobs, and also long term shipbuilding and maintenance work right here in Cairns.”

This $24 million investment is in addition to the Federal Government’s $420 million investment to develop additional wharf space and other support facilities at HMAS Cairns.

While the government is investing in the upgrades, the works themselves will be managed by the shipyards involved.


A MID-YEAR  update to the Queensland Major Projects Pipeline report has shown that state revenue from major construction projects is expected to rise by 140 percent by 2021.

The report, released by the Queensland Major Contractors Association (QMCA), Construction Skills Queensland (CSQ) and the Infrastructure Association of Queensland (IAQ), suggests that public infrastructure and local procurement preferences will deliver a major boost to Queensland’s economy over the next five years.

It also confirmed that the increased number of civil construction workers recruited during the mining construction boom period between 2003 and 2013 meant demand could be met if projects do not suffer serious delays or obstructions.

The first of its kind in Australia, the report detailed a five-year pipeline and forecast of both public and private sector engineering projects in excess of $50 million across Queensland. The half yearly report update identified the need for continuous access to up-to-date information. Its authors said the infrastructure industry’s outlook could change quickly, based on whether or not a major project was on track. 

QMCA president Iain Ward said he was pleasantly surprised by the findings.

“Things are really looking up for Queensland,” Mr Ward said.

“I’m encouraged by the mid-year results and look forward to seeing further improvements as new opportunities are identified and funded.

“I’m also excited by the progress some of our larger projects are making, such as Inland Rail, Cross River Rail and Adani that are all great wins for the state.

“Now what we need is surety so we don’t lose momentum,” he said.

“Our industry is closely tied to Queensland’s economy so we’re vulnerable to a range of external factors. As well as influences such as commodity prices and the Australian dollar, there’s also the very real threat of damaging global trade sanctions, which have the potential to be devastating.

“We need to build a sustainable industry that is confident and resilient to political change which means making a commitment to future projects and securing funding in a more timely manner.” 

IAQ CEO, Steve Abson, said funding announcements for major projects had improved the outlook for the infrastructure sector, and members were reporting more confidence in Queensland.
“The biggest challenge we now face is the ability of all levels of Government – Federal, State and Local – to commit to future project funding,” Mr Abson said.

“There are some significant projects in the pipeline, particularly for regional Queensland, and considerable question marks over how they will be funded.”

CSQ CEO Brett Schimming said since the original report was launched in April, the value of the major funded Queensland engineering construction projects had increased.

“Specifically, funded work in the pipeline has increased by 17 percent to $25.1 billion, work under construction has lifted 19 percent to $19.6 billion and announced work has increased 47 percent to $3.9 billion,” Mr Schimming said.

“While it has been a difficult transition from the sharp falls which followed the historic highs reached in 2012/13, increased funded and committed projects have reduced the risks to the industry and it would appear the worst has now passed for Queensland.”

Mr Schimming said the outlook for Queensland’s construction workforce continued on the path outlined in the April report with the civil construction workforce expected to focus on delivering public infrastructure for the next few years.


MORE THAN 18,000 sites across New South Wales, Victoria, Western Australia and the Northern Territory have been identified as possible locations for pumped hydro energy storage.

The sites have been identified as part of work being carried out by the Australian National University which is supported by a $449,000 grant through the Australian Renewable Energy Agency (ARENA). 

The aim of the study is to develop a nationwide map of potential sites for establishing off-river pumped hydro storage and builds on the 5,195 potential sites identified in South Australia, Queensland, ACT and in and around Alice Springs earlier this year.

“Investing in renewable storage technologies, such as pumped hydro and batteries, will play a key role into securing an affordable and reliable energy network in Australia,” Environment and Energy Minister Josh Frydenberg said.

“The Turnbull Government is already supporting a major expansion of the Snowy Hydro scheme and looking at further hydro-electricity and pumped storage opportunities in Tasmania, the Upper Spencer Gulf in South Australia and Kidston in Queensland.”

Pumped hydro energy storage involves using renewable energy systems to pump water uphill to a storage reservoir and releasing it through a turbine to provide additional energy into the electricity grid when it is needed. Pumped hydro accounts for 97 percent of energy storage worldwide. The potential sites have only been assessed on a geographic basis at this stage.

“As the Chief Scientist Dr Alan Finkel noted in his review of the National Electricity Market, pumped hydro storage systems are the most mature electrical energy storage systems available,” Mr Frydenberg said.


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