Major new projects are rapidly reshaping and strengthening the Maroochydore CBD, strategically enhancing the long-term positioning of our A-Grade office asset at the heart of the city centre.

A Major Milestone for the CBD Build-Out
The Maroochydore City Centre continues to progress through a significant phase of growth, with new residential, commercial and health-related projects reshaping the precinct. A leading indicator of this expansion is the recent development approval and construction commencement of Walker Corporation’s SOL development. The project includes two residential towers, 251 dwellings, ground floor retail, and two levels of commercial space. This project reflects a major milestone in shaping Maroochydore as Australia’s most progressive regional location.

Health and Research Growth
Further strengthening the evolution of the precinct, construction of the Maroochy Private Hospital has reached practical completion. This 10-storey facility introduces a health and research presence into the heart of the evolving city centre. Once operational in 2026, the hospital will anchor new professional services, research activity, and medical and allied health service offerings, all contributing to an expanding employment base within the CBD.

A Smart, Connected and Sustainable City Vision
These developments reflect the broader momentum behind the Maroochydore City Centre vision – a vision centred on smart city infrastructure, enhanced connectivity, modern amenity, and sustainable design principles. These features continue to shape occupier location decisions, particularly among businesses seeking well-connected office environments.

Strategic Positioning in a Constrained A-Grade Market
As the city centre continues to evolve, the expanding amenity base, employment activity and urban density support the enduring competitiveness of our asset, Foundation Place at 8 Market Lane and align closely with Cerno’s long-term strategy for stability, relevance and value creation.

With true A-Grade office supply limited and vacancy levels remaining well below national averages, these precinct developments reinforce the strategic positioning of Foundation Place at 8 Market Lane .