Australian family hopes to cash in on developer interest – realestate.com.au

Four Australian siblings prepare to say goodbye to their beloved beach house that has been in their family for 54 years.

Linda Parsons, along with brothers Rob, Thomas and Frank, have launched their Sunshine Coast unit block in Queensland.

The Mooloolaba block is known as Tamari Court and includes two original holiday units and another unit on a 607 m² block.

1-3/22 Smith Street Mooloolaba.

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It has been owned by the same family since 1971.

Mrs Parsons said her parents bought the block with the dream of building their family home.

“They wanted to build a house, but then they decided to build a house in the back and two vacation units in the front,” Parsons said.

Ms Parsons said her family’s story was intertwined with Mooloolaba’s history.

Her grandfather owned the first two ice cream factories in Mooloolaba and Maroochydore, serving the local fishing industry that once defined the coastal community.

Mrs Parsons and her siblings grew up in the area during Mooloolaba’s transformation from a quiet fishing village and enjoyed an idyllic childhood by the beach.

1-3/22 Smith Street Mooloolaba.

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“We lived close to the beach – every afternoon after school we would walk across the road to the beach, or the other way and swim across the river before the canals were built,” she remembers.

“We had a great childhood and life – we just didn’t realize it at the time.”

Ms Parsons said the property has developed its own traditions over the decades, with the same holidaymakers returning year after year.

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Many holidaymakers return to Tamari Court every year.

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She said her father, a fisherman, would provide guests with fresh fish, while providing them with fruits and vegetables – as many had traveled from agricultural areas.

The four siblings are now in their 70s and have made the difficult decision to sell.

“It was a difficult decision – we have so many wonderful memories here,” she said.

“Many of our family were involved at the time – many grandchildren have stayed in the property over the years.”

Inside one of the units at 1-3/22 Smith Street Mooloolaba.

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Although the property has undergone renovations over time and is currently habitable, Ms Parsons sees its true potential in its future development.

“I think that little area there is waiting to be developed – I think it will happen and it will be great for people – it’s a short walk to the beach and shops,” Ms Parsons said.

“The area has developed over time – it’s amazing.

“There were no tall buildings when I was growing up in Mooloolaba.”

Tamari Court offered luxury holiday accommodation.

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Ray White Mooloolaba director Brent Higgins is putting the property up for auction on November 15.

“This is a rare opportunity to acquire a piece of Mooloolaba heritage in a prime beachfront location with significant development potential,” Mr Higgins said.

Mr Higgins said the proposed zoning changes in the SEQ Regional Plan provide an exceptional opportunity for this site.

“The introduction of mixed-use zoning with building heights of up to 28 meters recognizes Mooloolaba’s status as an amenity-rich area with excellent infrastructure,” he said.

“This property is perfectly positioned to benefit from these changes, offering smart developers the opportunity to create a monumental project in one of the most sought-after beach locations on the coast.”

PropTrack data shows the average price of units in Mooloolaba is $807,000, while the average price for houses is $1.61 million.

Over twelve months, unit values ​​have increased by 9.8%, while houses have risen by 3.2%.