PEREGIAN SPRINGS LAND COUNTDOWN ON

On June 21, 1999, the Financial Review reported the exciting launch of a 2000-lot residential estate on the Sunshine Coast in Queensland by the newly merged Peter Kurts Properties and Forrester Parker (Forrester Kurts).

The report says the first 63 lots were expected to hit the market in November 1999 marking the first stage of development of the 325 hectare site which was bought from the Cox family by civil engineering construction firm Paveways Pty Ltd.

Planning for the development in collaboration with Peter Kurts Group, started in 1996.
Fast forward to 2020, and there are only 30 lots left to be sold to the south-west of the water tower near Ridges Boulevard.

The remaining lots range in size from 450m2 to 1179m2 with prices starting from $381,000.
They are in the Ridges section of the estate which is covered by a Body Corporate and allows access to the Rec Club facilities as part of the annual fees (more information see www.peregiansprings.com.au.

The only other parcel yet to be developed on the estate is a 2.79 hectare site around the hilltop within the Pavillions precinct which has an approved development application for 51 three bedroom townhouses.

This site has been listed for sale with Colliers International. Expressions of interest closed on October 22, 2020 and the result of the process is not yet known.

A related development application has been lodged with Council in regards to the earthworks for the land, seeking approval to add or adjust retaining walls to several sections of the land, and some adjustment of storm water infrastructure (OPW17/2264.02).