Pindan Launches Plaza Central

A new apartment project is set to take shape in the heart of Maroochydore, just 500 metres from the popular Ocean Street strip and 100 metres from the newly expanded Sunshine Plaza Shopping Centre.

Pindan has continued its expansion in Queensland by securing the 3,050sqm site on Pikki Street, with development approval in place to deliver 85 apartments and six commercial tenancies across two five level buildings.

Nick Allingame, Director of Development Management for Pindan, said Plaza Central was strategically located within the heart of the Sunshine Coast.

“The property market is being driven by sustained and robust population growth, increasing employment opportunities, easy access to world-class beaches, a stunning climate, abundant shopping, eclectic dining and a diverse and vibrant economy,” he said.

Plaza Central will fill a gap in the market for affordable, urban-coastal living in Maroochydore, with one, two and three bedroom apartments priced from just $309,000.

Mr Allingame said there was nothing else like Plaza Central on the market in Maroochydore. 

“The majority of new developments offer high end coastal apartments, but there is real demand from first home buyers and investors alike for well priced, well located opportunities,” Mr Allingame said.

“Plaza Central is within easy walking or cycling distance of Ocean Street’s popular restaurants and cafes, the Cotton Tree waterfront dining area, beautiful beaches and SunCentral CBD. It’s also directly opposite the recently upgraded Sunshine Plaza with new boutiques, gourmet cafes and entertainment outlets.”

“While we anticipate much of the early interest will be from first time buyers impressed by pricing and the project’s location, Plaza Central is also expected to appeal to investors, with projected  rental yields of around 5.5 per cent,”  Mr Allingame said.

“Maroochydore and the Sunshine Coast region in general are on an upward trajectory, with property prices continuing to grow in contrast to many other areas across Australia, which is great news.”

“Purchasers at Plaza Central will benefit by living in Maroochydore’s expanding urban precinct whilst enjoying the relaxed coastal lifestyle the region is renowned for.”


The strength of national property group, Pindan, combines with the skill of a local architectural practice to bring Plaza Central to fruition.

The Pindan Group is a multi award-winning national property group that provides fully integrated property solutions Australia wide through its  three core business streams – Fund, Build  and Manage.

With over 40 years’ experience, Pindan has a proven track record and solid reputation for reliability, efficiency and quality.

Nick Allingame, Director of Development Management said the company’s ethos of “Building on Partnerships” is a driving force in the way it operates, with an abundance of achievements in residential and commercial property development, management and construction in multiple industry sectors.

Headquartered in Perth, Pindan has offices in Sydney and Brisbane and an additional seven regional offices around Western Australia.

Pindan Capital, the funds management arm of Pindan, currently oversees over 18 development projects throughout Australia with a sale value totaling $1.7 billion and several development acquisitions in the pipeline.

With extensive development management expertise, Pindan manages the entire development process from funding and site acquisition, design and construction, through to marketing and sales to successfully bringing projects to fruition.

Remi Rafter, Acquisition Manager for Pindan, said the group saw Plaza Central as a strategic entry into the Sunshine Coast and was excited about partnering with local firm Sprout Architects.

“Our team has already developed a strong relationship with local project consultants”, he said.


Pindan has officially opened the doors to its new Sales Office for Plaza Central just metres away from the project site and opposite the Amaroo Street entrance to Sunshine Plaza, making it a convenient gateway for people seeking further information about the apartments for sale.

Cathie Price, Sales Manager for Pindan, said the space offers purchasers the opportunity to see the finishes and  explore living or investment options in a relaxed environment. 

“Living on the Sunshine Coast is all about a relaxed way of life and Plaza Central offers affordable, easy-care residences in the heart of it all”, she said.

“With a stunning climate and a perfect balance of community and coastal living, Plaza Central offers uniquely affordable apartment opportunities.”

Early works are due to start soon on the project site in order to enable construction to commence in the coming months. 

Vist to find out more about this exciting new development.
Source: My Weekly Review

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