MAJOR MILESTONE: Next phase of $199m community selling fast

WATCH: Construction has officially started on the first terraces precinct at Stockland's $199 million Bokarina Beach development.

CONSTRUCTION has officially started on the first terraces precinct at Stockland's Bokarina Beach development.

Stockland and builder partner McNab officially launched the start of construction on the much anticipated The Terraces at Bokarina Beach today - the next phase of residential living in the heart of the fast-selling $199 million Sunshine Coast community.

Comprising 35 architecturally designed three and four-bedroom terrace homes in the first stage of the project, The Terraces offer a premium lifestyle in a world-class master-planned community with planned cafes, restaurants and shops at the doorstep, all just a few minutes' walk from the beach.

The Terraces at Bokarina Beach external.

Stockland has partnered with leading construction company McNab to deliver The Terraces, which is Bokarina Beach's first medium density project and already generating strong buyer interest.

Matt Patullo, senior development manager at Stockland, said he was looking forward to watching The Terraces spring to life, with the project perfectly positioned overlooking Bokarina Beach's stunning new landmark lake and parkland.

"The start of construction signals a major milestone for Bokarina Beach and we're thrilled to see our plans becoming reality in one of the Sunshine Coast's most sought-after addresses," Mr Patullo said.

The Terraces at Bokarina Beach Living & Balcony

"McNab has a reputation for excellence and we're delighted to have them on board to deliver these premium, low-maintenance homes that will appeal to a broad range of buyers, including downsizers, first home buyers and mature families.

"The Terraces will offer something for everyone, with a breathtaking location close to the beach, abundant recreational spaces on the doorstep, and a wealth of shopping, dining and entertainment options close by.''

Carl Nancarrow, construction manager at McNab, said the project was expected to provide a significant injection into the Sunshine Coast construction industry with McNab's commitment to engaging local subcontractors.

The Terraces at Bokarina Beach kitchen.

More than 90 per cent of those working onsite during construction were expected to be local, in line with the company's support-local policy.

"The site will be a hive of activity in the coming months and we expect to see in excess of 80 workers onsite during the peak of construction," Mr Nancarrow said.

"We are delighted to be delivering the high quality homes on offer at The Terraces at Bokarina Beach on behalf of Stockland."

Construction is due to be completed early next year.

Sunshine Coast residents Graeme and Kellie Abraham are looking forward to being among the first residents at The Terraces, and have kept a close eye on Bokarina Beach as construction gains momentum.

The Abrahams are keen surfers and want to remain close to the water as well as take advantage of a low-maintenance home that allows them time to travel and enjoy life.

"We are empty nesters so we are downsizing,'' Mr Abraham said. "We also like the idea of terrace living because it is so easy to lock up and leave, as well as being impressed by the high level of finish in these new terrace homes.

"We have been coming up here and watching the progress of Bokarina Beach and we are looking forward to moving in.''

Stockland senior development manager Mark McMahon, McNab construction manager Carl Nancarrow, Member for Fisher Andrew Wallace and Stockland senior development manager Matt Patullo officially launch construction on The Terraces at Bokarina Beach. Picture: Erle Levey

The Terraces feature open-plan layouts, cool natural colour schemes and an abundance of natural light. Reflecting the community's coastal lifestyle, spacious balconies will seamlessly blend indoor and outdoor living areas to capture the ocean breezes and provide a perfect space for entertaining family and friends.

Mr Patullo said initial inquiries for The Terraces, priced from $765,000, were strong and he encouraged anyone interested to act quickly to avoid disappointment.

Set on 30ha, Bokarina Beach is a premium mixed-use residential, retail and community hub planned to include approximately 160 home sites, 130 terrace homes and 800 beachside and north facing park-front apartments.

For more details on The Terraces at Bokarina Beach call 07 5437 8703, visit www.stockland.com.au/residential/qld/bokarina-beach/the-terraces, or drop into the Oceanside Sales and Information Centre on the corner of Birtinya Boulevard and Lake Kawana Boulevard, Birtinya.

WANT MORE VALUE FROM YOUR SUBSCRIPTION? JOIN OUR EXCLUSIVE FACEBOOK GROUP HERE

Originally published as MAJOR MILESTONE: Next phase of $199m community selling fast