Moffat Beach Site Sold for the First Time in 34 Years

With breathtaking views over the 15th hole at Caloundra Golf club, ‘The Links’ development site is a far cry from your standard industrial property.

Located at 173 Grigor Street West and 10 & 12 Eva Street the property has been in the same family for more than 34 years. RWC Noosa & Sunshine Coast agents Josh Harris and Adam Morley were ecstatic to provide the long-time owners a cash unconditional offer of circa $4 million. 

Mr Harris said the significance of this sale showed the strength in the Caloundra market. “To provide an unconditional offer at any level is getting harder, but to do one at this price point was pretty special, and is a testament to the property.” he said. “It was a fantastic moment for the family who have held this property for such a long time.”

The property had been offered to the market via other agents over the last few years without achieving a result, and a chance encounter between the owners and Josh Harris on another matter built the trust that led to the new market approach. 

“Josh was a fantastic support early on and took the time to understand what the property meant to us and what a good result meant to the whole family,” Mariangela Gagliardo said on behalf of the sellers’ family.

“You could tell he really cared about the history of the property and what it meant to my parents.” 

After taking over RWC’s Caloundra office in 2022, the RWC Noosa & Sunshine Coast team has seen a dramatic change in the property values across Caloundra, however, the Moffat Beach industrial complex is where results have really shown significant increases. 

“We have completed multiple sales in Moffat Beach where we are seeing strong demand not only from local buyers, but from outside Queensland as well,” Mr Harris said. 

“The pricing in this complex is leading the way on the coast and is now competing with strongholds such as Noosa. 

“Having a small industrial complex less than 800m from some of the best surf beaches in Australia is something very special.”

With the owners originating from Italy, they said it was their desire to head back to Italy while the next phase of the development occurs. 

“It will be a bittersweet moment when they leave as it has been their property for such a long time, but they are excited to see what the next chapter holds for the property,” Ms Gagliardo said. 

The property is expected to obtain development approval and start construction early 2025.

For further information, please contact Josh Harris on 0452 604 478 or Adam Morley on 0476 168 712.