Two highset buildings with panoramic views of the Pacific Ocean, Pumicestone Passage and Glass House Mountains have been sold for 50 cents each in what might be the Sunshine Coast’s best property deal ever.
And the great news, is the community is going to be the big winner.
After a 12-month negotiation, the Department of Transport and Main Roads has agreed to sell 3 Canberra Terrace, Kings Beach, to Sunshine Coast Council for the princely sum of $1.
The stunning 868 square metre parcel contains two cant structures that can now be better enhanced and utilised as a tourist attraction.
They are the Caloundra lighthouses – one dating back to 1896, making it the town’s oldest surviving building, and its 1968 replacement, one of only two of its type in Australia.
A report presented to Council announcing the coup revealed the site was of social significance for Sunshine Coast residents and tourists, being “a symbolic and functional source of pride and identity for the region and one of only 34 Queensland heritage places on the Sunshine Coast’’.
The report said that over the past 20 years, Council and the Friends of the Caloundra Lighthouses community group had opened the buildings to the public on a regular basis, for special purpose tourism and education.
“The lighthouses are considered a symbol of the town, and the oldest lighthouse is one of the most important structures associated with the early development of Caloundra and as such has a strong and social significance for the Sunshine Coast community.
“Council has invested substantial resources and finances into the ongoing structural and cosmetic maintenance for the preservation of this landmark, including funding the $50,000 relocation and restoration of the old lighthouse from Golden Beach to its original site location at 3 Canberra Terrace. In August 2019, the State of Queensland declared the property surplus to their requirements.’’
Under the deal, Council will be liable for paying stamp duty and transfer fees of approximately $7000.
It heard that funding would be required for maintenance works over the next 10 years at a cost of $160,500.