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The development of the Maroochydore City Centre — a planned new CBD being developed from scratch on 53 hectares of former golf course land at the heart of the Sunshine Coast's largest urban centre — is creating a commercial property market that the Sunshine Coast has never had: a purpose-built, master-planned central business district with the density, diversity, and urban character that underpins a genuine commercial property investment market. For commercial property investors and businesses seeking to establish their Sunshine Coast operations, the Maroochydore City Centre represents the most significant commercial property opportunity in the region's history.
The City Centre development has been progressing through its staged rollout since the first buildings were completed in 2021, with the Sunshine Coast Council, SunCentral Maroochydore, and private developers collaborating on a precinct plan that allocates specific areas to commercial office, retail, residential apartment, hotel, and community uses in proportions calibrated to create the mixed-use vitality that makes successful urban centres genuinely appealing as places to work, shop, and socialise rather than purely transactional commercial environments.
Commercial office leasing in the Maroochydore City Centre has been led by professional services firms, government agencies, and financial services businesses whose clients are concentrated in the Sunshine Coast's growing professional population and who want office addresses in a genuine CBD rather than the suburban strip-mall commercial environments that have historically been the only option for Sunshine Coast businesses seeking quality commercial space. Face rents in the City Centre's A-grade office buildings are competitive with Brisbane's inner-ring suburban markets, reflecting the demand for quality space in a market where supply has historically been limited.
The retail precinct of the Maroochydore City Centre is being developed to serve both the City Centre's resident and worker population and the broader Sunshine Coast catchment that makes Maroochydore its primary retail and services destination. The combination of ground-floor retail in the commercial buildings and the dedicated retail precinct that the master plan allocates is creating a retail offer that supplementing rather than replacing the Sunshine Plaza shopping centre that anchors Maroochydore's existing retail economy.
This article was compiled by AI from the sources linked above and screened before publishing. See our editorial standards.
This article was produced by the The Daily Sunshine Coast editorial desk and covers property in Sunshine Coast. See our editorial standards for how we use AI.
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