Failed $900m resort site hits market after tiny town's court triumph

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A Japanese development giant is selling a prime Sunshine Coast beachfront site after residents convinced a court to throw out a council-approved application to develop a resort and homes.

The Australian arm of a Japanese developer planning to build a $900 million eco-resort on Queensland's Sunshine Coast has put the 18.5-hectare site on the market after it suffered a major court loss.Community group Development Watch claims victory after Sekisui House lists beachfront propertyThe approval was overturned by a court earlier this year

Later those opponents claimed the council had breached the rules of its own planning scheme to support the giant project. The matter then returned to the Planning and Environment Court, where it was mentioned earlier this month.Now, the developer has decided to sell the entire precinct. It said the buyer would have access to approvals that would allow 291 dwellings, split between 112 housing lots, 41 terraces up to three storeys tall, and 138 apartments in four-storey buildings.Sekisui House Australia's Atsuhide Seguchi said the beachfront site would be "highly sought after".

 

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Good for Yaroomba. Now get it declared historic or protected land to preserve it. National Park. Keeps the hordes out.

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