A once-popular venue in the Sunshine Coast is scheduled for demolition to be turned into a 34-residential property development.
The Buderim Motor Inn has been providing short, medium, and long-term accommodations for 11 years. Recently, it has been announced that the King St. motel will be demolished in the second half of this year, with project completion eyed for next year.
Over the years, the motel underwent several ownership and transitions. It was formerly known as Mark Anthony’s Motel and Ginger Mountain Resort.
Vynara will be building the 34 townhouses on the site via a joint venture with other local developers. The townhouses will have three bedrooms with terraces and backyards.
Growth in the Coast
The King St development is just one example of the growth happening now in the Sunshine Coast. The region is one of the fastest growing areas in the country, hence the growing interest of developers.
Recent years have seen major infrastructure projects such as the $374M expansion of the Sunshine Coast Airport as well as the $3B master-planned Harmony development at Palmview by AVID Property Group. Amidst the developments in the sub-state region, it remains to be a highly livable community.
Last year, it was named the ninth largest Significant Urban Area in Australia by population.
The Queensland Government Population Projections also sees the region to have the second higher growth rate between 2011 and 2036.